Banking

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster than all other G-20 economies, as well as similarly rated emerging market sovereigns, risks remain,”...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days from 17 days a year earlier, the lowest level since November 2023, it said. The sharp...

Walgreens to set up GCC in Chennai

An memorandum of understanding was signed on Friday with Walgreens India Private Ltd in the presence of Chief Minister C. Joseph Vijay. The proposed...

PM Advisory Council pitches for bank mergers

This will help to support the growing credit need of the economy as India strives to be Viksit Bharat by 2047, it said. The report...

UPI completes 10 years

Annual transaction volume expanded from just 1.78 crore transactions in FY 2016-17 to over 24,162 crore transactions in FY 2025-26. Transaction value rose sharply...

RBI MPC hints at rate hikes

Earlier this month, The MPC had voted unanimously to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.25 per...

AI can close gaps in financial inclusion: RBI Governor

"We have much at stake –building further on the highly successful Pradhan Mantri Jan-Dhan Yojana (PMJDY), an MSME credit market, still underserved, estimated at...

RBI to resume issuing license for Urban Co-operative Banks

A discussion paper on Licensing of UCBs was published for stakeholder feedback on 13 January 2026, following a two decade pause on issuance of fresh...

Building India’s AI-Native Credit Infrastructure

Aadhaar and UPI have digitised Indian banking, but AI-driven continuous underwriting remains rare. Economics may explain part of it, but there appears to be...

SIB gets RBI nod for new MD and CEO appointment

Pai is currently serving as Chief General Manager at Canara Bank spearheading digital banking and innovation. He has handled multiple strategic initiatives of the...

BoB settles case with NMC Health for $600 million

The case involved proceedings under Abu Dhabi Global Market (ADGM) and UK insolvency regulations, and the UAE civil law in relation to NMC Health...

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Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days...

Walgreens to set up GCC in Chennai

An memorandum of understanding was signed on Friday with...

SP Group backs Tata Sons IPO

SP Group owns 18.4 per cent in Tata Sons....

CSR spends up 17.5% in FY25

Spending became mandatory from 1 April 2014, under Section...