Hotline 24/7
+91 70424 11677
No Post's Available Uploading Soon ...
Jan Dhan accounts now hold Rs 2.75 lakh crore. This initiative has brought over 57 crore people into formal banking. Most accounts are in rural areas and held by women. Direct Benefit Transfers have also seen significant amounts disbursed this financial year. India's financial inclusion journey shows steady progress.
Published on: December 6, 2025
FPL Technologies finds itself in a tough spot. The Reserve Bank of India has mandated partner banks to stop issuing OneCard credit cards. This pause is due to the RBI's desire to ensure transparency regarding data-sharing practices in this collaboration. The issuance will kick back into gear once guidelines are established.
Published on: December 5, 2025
The Reserve Bank of India will launch a two-month campaign in January to resolve all customer grievances pending for over a month with the RBI Ombudsman. Governor Sanjay Malhotra urged banks to address complaints promptly, noting a rise in pendency due to increased grievance numbers. The central bank is also strengthening customer service through various initiatives and online application availability.
Published on: December 5, 2025
State-run banks are preparing for the stock market debut of their sponsored regional rural banks. At least two such banks are expected to list in the first half of FY27. This move follows a consolidation exercise that reduced the number of regional rural banks. Eligible banks will meet specific financial criteria.
Published on: December 5, 2025
Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25%, aiming to make home and car loans cheaper. This move is expected to encourage banks to lower lending rates further, providing relief to borrowers.
Published on: December 5, 2025
The RBI has extended lending restrictions on shares and to directors/relatives to NBFCs, aligning them with banks. Banks can now have multiple group entities for lending with board approval. These new rules, effective March 31, 2028, aim to prevent regulatory circumvention and ensure proper business rationalization.
Published on: December 5, 2025
Fino Payments Bank has secured in-principle approval from the Reserve Bank of India to become a small finance bank. This makes Fino the first among its peers to achieve this milestone. The conversion will allow Fino to offer lending services, expanding its financial solutions for customers. This move is a significant step towards deepening financial inclusion across India.
Published on: December 5, 2025
Indian banks must separate core operations from risky ventures by March 2026. The Reserve Bank of India will permit multiple lending units if boards approve. This new directive, with implementation by March 2028, offers flexibility. Overseas branches will need special clearance for new businesses. Non-financial holding companies also see relaxed rules for managing funds and investments.
Published on: December 5, 2025
SMFG India Credit has introduced a paid menstrual leave policy for all its women employees nationwide, effective December 2, 2025. Women will receive one paid leave per month, automatically approved and without requiring a manager's permission or medical certificate. This initiative aims to enhance employee well-being and foster a more inclusive workplace.
Published on: December 5, 2025
The Reserve Bank of India reported robust financial parameters for banks and non-banking finance companies, facilitating increased resource flow to the commercial sector. Capital adequacy and asset quality remain strong, with credit growth bolstered by greater non-bank intermediation and sustained lending to various segments.
Published on: December 5, 2025
India is preparing to invite bids for its 60.72% stake in IDBI Bank Ltd., valued at approximately $7.1 billion. This move is a significant step in the government's privatization efforts for the lender. Talks with potential suitors are advanced, with a formal bidding process expected soon.
Published on: December 5, 2025
RBI also rejected banks’ suggestion to fix eligibility criteria to open basic accounts based on income and profile of customer saying that fixing an eligibility criteria would undermine the objective of repositioning BSBD account as an affordable banking product available to all customers.
Published on: December 4, 2025
A district consumer commission ruled that an insurance company cannot dictate medical treatment methods. The panel ordered Star Health and Allied Insurance to pay nearly Rs 50,000 with interest and litigation costs for rejecting a Covid-related claim. The insurer had denied the claim, citing home isolation as appropriate, but the commission found this a deficiency in service.
Published on: December 4, 2025
IndusInd Bank has denied reports of talks with a strategic partner. The bank clarified that no such discussions are underway. Earlier, UK-based Hinduja Group, its top shareholder, was reported to be seeking a global partner for a minority stake.
Published on: December 4, 2025
Compact cars and SUVs together represent nearly three-fourths of all motor insurance claims in India, with compact cars leading claim volumes at 44%. SUVs follow with 32% of claims but higher repair costs. Electric vehicles, though only 1% of claims, incur the highest repair expenses due to battery and electronic costs.
Published on: December 4, 2025
The bank now has a capital adequacy ratio of over 17%, so it does not need funds. As a promoter, we have always stated that whenever funds are required, it will be provided, says Ashok Hinduja, chairman, IndusInd International Holdings (IIHL).
Published on: December 3, 2025
La Caisse aims to raise $350 million (₹3,155 crore) via the stake sale and has appointed Rothschild to manage the process. The InvIT has an enterprise value of around ₹16,000 crore ($2 billion). Maple Infrastructure Trust is sponsored by Maple Highways, La Caisse's dedicated road platform in India.
Published on: December 3, 2025
Third strategic investment by the Japanese financial group in as many years. Infusion of primary capital will help to launch new products, tap global footprint of each other and attract talent. Wealth management contributes 40% of Daiwa’s global revenues.
Published on: December 3, 2025
Sahu will replace Kaku Nakhate who served the bank as CEO for about 15 years. Vikram will report to Jin Su, president of Asia Pacific.
Published on: December 3, 2025
Indian banks are boosting lending to higher-yield loans. This strategy aims to safeguard profit margins in a favorable credit market. Recent data shows an increase in the average lending rate on new loans. This trend helps banks maintain their net interest margins. Banks are also lending more to individuals and smaller businesses.
Published on: December 2, 2025
The Reserve Bank of India has identified State Bank of India, HDFC Bank, and ICICI Bank as domestic systemically important banks. These institutions will continue to require additional common equity tier 1 capital ratios of 0.8%, 0.4%, and 0.2% respectively, effective from April this year.
Published on: December 2, 2025
Microfinance institutions in West Bengal need more credit to reach the bottom of the pyramid. Currently, only one-third of the target segment accesses formal credit. This gap hinders economic activity and sector growth. India's MFI sector has Rs 3.4 lakh crore outstanding with 75 million beneficiaries. West Bengal's portfolio stands at Rs 35,000 crore with one crore beneficiaries.
Published on: December 2, 2025
According to industry experts, the rise in complaints should be seen as both a warning and an opportunity -- a signal that grievance mechanisms are being used more actively, but also a reminder that data integrity and timely updates are becoming non-negotiable for consumers navigating India’s increasingly formalised credit landscape.
Published on: December 2, 2025
Former RBI Governor Raghuram Rajan warned of growing risks in the global private credit market, citing excess liquidity and a perception of an unending lending boom. He emphasised that periods of ample credit and potential Fed rate cuts are when risks accumulate, urging increased caution.
Published on: December 2, 2025
Launched in 2017, Fireside Ventures manages assets worth $650 million across the four funds and backs more than 60 consumer brands, including Honasa Consumer, the parent of skincare label Mamaearth, wearables maker boAt and mattress company The Sleep Company.
Published on: December 2, 2025
Microlending veteran Padmaja Reddy is exiting unsecured business by fiscal end to focus on gold loans, transitioning her firm Keertana Finserv to a 94% secured portfolio. Citing a "structural crisis" in microfinance, Reddy aims for Keertana to be a fully secured lender with gold loans comprising 95% of its assets under management by FY25.
Published on: December 1, 2025
Finance Minister Nirmala Sitharaman clarified the government's non-interference in Life Insurance Corporation's investment choices. She affirmed that LIC makes its own decisions, adhering to strict regulations. Investments are overseen by auditors and the IRDAI. LIC's current holdings in Adani Group companies stand at ₹48,284 crore. This highlights LIC's independent investment approach.
Published on: December 1, 2025
Ramakrishnan Chander has been appointed as the new Managing Director of the Life Insurance Corporation of India, effective December 1. Chander, who joined the corporation in 1990, brings 35 years of experience in marketing and administration, including leading its International Operations. He previously served as Executive Director (Investment – Front Office) & Chief Investment Officer.
Published on: December 1, 2025
Private sector banks saw their share of complaints rise to 37.53% in 2024-25, surpassing public sector banks. The RBI received 2.96 lakh complaints, with loans and advances, credit cards, and deposit accounts being the top issues. The ombudsman resolved 2.90 lakh complaints, with over 62% deemed maintainable.
Published on: December 1, 2025
Interest rates on term deposits above 7% significantly dropped to 54% by September, reflecting the RBI's policy rate cuts. Loans linked to external benchmarks also saw immediate rate reductions. Public sector banks' deposit share increased, while Maharashtra led in deposit mobilization.
Published on: December 1, 2025
The government has stated that no proposals for merging or consolidating state-owned banks are currently being considered. Foreign Direct Investment limits for public and private sector banks remain at 20 percent and 74 percent respectively. Disinvestment of IDBI Bank will proceed as approved by the CCEA. Regional Rural Banks have shown improved financial health, posting significant profits.
Published on: December 1, 2025
Usha Janakiraman will become an Executive Director at the Reserve Bank of India from December 1, 2025. She has over thirty years of experience at the central bank. Janakiraman previously served as Chief General Manager-in-Charge of the Department of Regulation. As Executive Director, she will oversee the Department of Supervision. She is a Chartered Accountant.
Published on: December 1, 2025
The Ministry of Electronics and Information Technology has blocked 87 illegal loan lending applications under Section 69A of the Information Technology Act. Regulatory actions are also taken against companies involved in online lending activities when violations of the Companies Act, 2013 are found.
Published on: December 1, 2025
AU Small Finance Bank has appointed Bollywood stars Ranbir Kapoor and Rashmika Mandanna as its brand ambassadors. This strategic move aims to bolster the bank's aspiration to become a preferred national banking brand, enhancing consideration for its core products like Savings and Current Accounts across diverse Indian markets.
Published on: December 1, 2025
Piramal Finance intends to secure approximately Rs 15,000 crore between December and March. This borrowing will primarily be sourced locally. The company aims to reach assets under management exceeding one trillion rupees by March.
Published on: December 1, 2025
Public sector banks are now originating more unsecured personal loans. They focused on larger loan amounts, especially over Rs 10 lakh. This shift occurred as banks had extra money and sought higher returns. Non-banking finance companies still lead in small loans but saw their share decrease. Private banks also experienced a slight decline in their origination share.
Published on: November 30, 2025
Unified Payments Interface, or UPI, has seen a significant surge in transactions. In November 2025, UPI recorded over 19 billion transactions valued at Rs 24.58 lakh crore. This marks a substantial increase from previous years, highlighting the growing adoption of digital payments across India. The platform continues its upward trajectory, solidifying its role in the nation's payment ecosystem.
Published on: November 30, 2025
State Bank of India anticipates a strong revival in corporate credit demand, projecting double-digit growth for the remainder of the financial year. The bank has a substantial loan pipeline, indicating robust activity.
Published on: November 30, 2025
Health insurance policyholders in India are facing a surge in claim rejections and disputes, leading to a crisis of trust. Despite paying premiums, many find their claims denied on technicalities, forcing them into lengthy battles with insurers. Regulatory interventions are underway to improve transparency and speed up resolutions.
Published on: November 30, 2025
The Delhi High Court has issued new directions to safeguard credit card users after a city lawyer faced harassment over unauthorised transactions. The court told the Reserve Bank of India to improve its grievance redress system and barred banks from levying charges on disputed transactions until complaints are resolved.
Published on: November 29, 2025
The Reserve Bank of India has updated its digital banking rules. Banks can now show approved products to customers after they log in. These include branch offerings, government schemes, and partner financial products. The RBI has also removed the need for prior approval before launching new digital channels. This change simplifies operations for banks.
Published on: November 28, 2025
A top bank executive continues in his powerful role despite a CBI chargesheet filed a year ago. The charges allege fraud and a ₹150 crore loss to a bank when he headed a large corporate branch. The investigation points to a criminal conspiracy between the company and bank officials.
Published on: November 28, 2025
Hong Kong's Excellence Creative intends to acquire a 25% stake in Pro Fin Capital Services for Rs 22 per share. Pro Fin's board has approved this proposal and a bonus share issuance, pending shareholder consent. The company is now proceeding with due diligence for the potential transaction.
Published on: November 28, 2025
Banks' year-on-year credit growth reached 11.4% by mid-November, with deposits also rising to 10.2%. While gold loans surged by 129%, consumer durable loans saw a modest 1% increase, falling short of festive demand expectations. Outstanding bank credit stood at Rs 194 lakh crore, and deposits at Rs 241 lakh crore.
Published on: November 28, 2025
Eleven million low-income borrowers have left India's formal credit system. Microfinance lenders reduced lending to those at the economic base. This has caused the microfinance portfolio to fall for six consecutive quarters. Clients are now going out of formal finance. The sector faces a funding squeeze. Despite this, asset quality has improved.
Published on: November 28, 2025
The Reserve Bank of India has levied a Rs 91 lakh penalty on HDFC Bank for violating banking regulations. The violations include using multiple benchmarks for loans, a subsidiary engaging in non-permitted business, and outsourcing KYC compliance checks. These actions followed a supervisory inspection and a show-cause notice.
Published on: November 28, 2025
Amazon and Flipkart are moving deeper into financial services in India, targeting small businesses and consumers with new lending products as they challenge traditional banks. Amazon, after acquiring non-bank lender Axio, plans to restart small-business loans and offer cash-management tools, seeing strong demand among digitally active merchants outside major cities.
Published on: November 28, 2025
Bandhan Bank is offloading bad loans worth Rs 6,932 crore to improve its balance sheet, focusing on micro and agriculture loans. The Kolkata-based lender is selling non-performing loans exceeding 180 days overdue and auctioning written-off loans to address significant stress in its asset quality, which has impacted profitability.
Published on: November 28, 2025
Any incremental growth is likely going to be driven by a pickup in retail lending segments such as housing, MSME, two-wheelers, and gold loans. But analysts expect the asset quality to remain stable, despite growing retail demand. The agency has upgraded its credit growth outlook to 11.5%-12.5% for FY26, up from an earlier average growth of 11.13% in FY25. The Gross non performing assets (GNPA) for overall banks is expected to improve to 2.1% in FY26 from 2.3% in FY25.
Published on: November 27, 2025
Gopal Vittal from Bharti Airtel emphasizes the importance of safer digital payment practices for consumers. He encourages individuals to create a separate secondary account dedicated exclusively to everyday transactions. This proactive approach safeguards personal savings against the backdrop of increasingly clever online frauds.
Published on: November 27, 2025
