Incoming HDFC Bank CEO Anup Bagchi’s immediate task is to restore investor confidence by improving execution and governance, as the bank’s loan growth and return on equity have fallen towards industry averages.
Incoming HDFC Bank CEO Anup Bagchi’s immediate task is to restore investor confidence by improving execution and governance, as the bank’s loan growth and return on equity have fallen towards industry averages.
A bank or an insurer needs three things: an identity, a value and a history. Until recently, a cow, buffalo, camel – or almost any animal that forms part of Indias rural economy – had none of these. India has fixed the first problem. More than 36 crore animal…

IRDAI has proposed certain rules with an aim to provide clearer choices for borrowers considering insurance cover for their loans. Check full details here.
After a decade-long hiatus, HSBC is gearing up to re-enter the Indian equity broking sector, responding to the increasing demands from wealthy clients and an active share sale market. The bank is set to introduce retail broking services shortly, leveraging it…
HSBC plans to re-enter India's equity broking market, targeting wealthy clients amid a surge in IPOs and market participation.

IRDAI has proposed caps on insurance commissions paid to banks, brokers and agents. Here is what the changes mean for customers and distributors.

The Reserve Bank of India (RBI) absorbed 75,026 crore rupees from the banking system through an overnight Variable Rate Reverse Repo (VRRR) auction, amid surplus liquidity. The RBI absorbed the liquidity at a cut-off and weighted average rate of 5.24 per cent…
UBS anticipates a robust cycle of unsecured credit growth in India, primarily fueled by personal loans. The brokerage emphasizes the strong asset quality in banks and non-banking financial companies (NBFCs), coupled with sufficient liquidity in the system. In…

Banks have been awash with cash after the RBI’s measures to attract foreign capital raked in more than $140 billion, far exceeding official expectations.
Stock market crash: Most sectoral indices, barring pharma, traded with deep cuts. Banking and financial services stocks were the top drags in trade today.
SBI Card has introduced the Advantage SBI Card through the SBI YONO app, making it simpler than ever for customers to apply. This innovative offering features four variants of secured credit cards linked to fixed deposits. With a fully paperless application p…
Home loan rates vary by lender and loan size, with some banks offering different rates across borrowing slabs
Digital-payment trail can improve risk assessment for lending
The defining feature of a flexi-loan is amortisation, not revolveability. Instead of a blanket ban, the regulator may consider certain structural safeguards against evergreening

Jyotiraditya Scindia asserts smartphones will serve as India's new bank branches, despite rising prices, during the Global Fintech Fest 2026.



ICICI Bank and Axis Bank raise $300 million each in U.S. dollar debt market for the second time in two months.

RBI proposes to ban most NBFCs from offering revolving credit, reshaping credit products. New rules define term loans and revolving credit.
India Business News: MUMBAI: RBI has proposed a sweeping overhaul of credit facility norms for non-banking financial companies, mandating a shift to term-loan structures w.


BENGALURU, India, July 7, 2026 /PRNewswire/ -- In line with the Reserve Bank of India's recent policy measures to encourage higher foreign currency inflows through Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, Ujjivan Small Finance Bank has revised…

The plan to raise resources via the senior unsecured notes may be to provide leverage to its NRI customers wanting to place fresh foreign currency non-resident (bank) deposit with the bank at higher interest rates
RBI injects ₹1.41 lakh crore liquidity into banking via 7-day VRR auction to address recent deficits and market pressures.

RBI requests daily data from banks on foreign capital measures, including FCNR deposits, ECBs, and OFCBs, to attract investment.

The Reserve Bank of India has now exempted banks from maintaining statutory reserve ratios on fresh Non-Resident (External) Rupee (NRE) term deposits of three years or more tenor mobilised by the banks between June 19, 2026 and September 30, 2026 as part of i…