Banking

Ushering In Climate Competitiveness

The anticipated Super El Niño conditions, which are expected to last through a substantial portion of 2026 and into early 2027, have underscored this...

Garuda Aerospace Gets SEBI Nod for IPO

The company has received final observations from SEBI for its proposed IPO. In April, Garuda had filed a confidential Draft Red Hearing Prospectus (DRHP) for...

Smartphone replacement cycle now at 4 years: Xiaomi Official

In an interaction, he said the Indian smartphone market has undergone a structural transformation, with the average device replacement cycle extending from around nine...

RBI keeps repo rate unchanged at 5.25%

Consequently, the standing deposit facility (SDF) rate remains at 5.00 per cent and the marginal standing facility (MSF) rate and the Bank Rate remain...

Rs 35,194 crore sanctioned under Credit Guarantee Scheme

The scheme was launched on 5 May 2026. The objective of the scheme is to ensure the availability of sufficient liquidity to businesses, particularly...

IFR: Less About Capital, More About Confidence

The IFR was introduced as a prudential buffer during a period when investment portfolios and interest-rate movements could create significant volatility for banks. It...

RBI okays ICICI Bank MD reappointment

The approval of the shareholders will be sought in due course of time, the bank said in a stock exchange filing. Earlier this year, ICICI...

RBI to transfer Rs 2.86 lakh crore surplus to Centre

“RBI has transferred Rs 2.87 trillion surplus to the government for accounting year 2025-26, 6.7 per cent higher than FY26. Surplus transfer by RBI...

TVS Venu firms up financial services play

TVS VENU has a long-standing presence in India’s financial services sector through TVS Credit Services, a leading Non-Banking Financial Companies offering consumer and retail...

TVS Venu Group to pick 9.9% stake in Jana SFB

In a stock exchange filing, Jana Small Finance Bank said it would issue warrants convertible into equity shares by way of preferential issue on...

Canara Bank sees Rs 10,000 crore impact from ECL regime

“Total requirement will be Rs 10,000 crore. And it can be staggered to four years. And our profit is in the range of Rs...

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Ushering In Climate Competitiveness

The anticipated Super El Niño conditions, which are expected...

Garuda Aerospace Gets SEBI Nod for IPO

The company has received final observations from SEBI for...

Smartphone replacement cycle now at 4 years: Xiaomi Official

In an interaction, he said the Indian smartphone market...

TN Revenue Augmentation panel seeks public comments

The Committee, at its first meeting held on 31st...

Alternative-fuel closes in on petrol cars

Overall Passenger Vehicle retail sales came in at 4,16,555...