Banking

FM Sitharaman to meet top officials in Singapore

Singapore is India’s largest source of FDI, with cumulative FDI inflows of around USD 194.68 billion during April 2000–March 2026. Singaporean institutional investors, including...

On track to cross 100 GW wind capacity: Minister

He inaugurated the 8th edition of 'Windergy India 2026' in Chennai on Thursday. C.T.R. Nirmal Kumar, Minister for Energy Resources and Law, Government of...

GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST Council in its 56th meeting last year had focussed on rate rationalisation and reduction of...

When Consent Isn’t Enough

A LOAN ARRIVES bundled with insurance, a deposit morphs into a market-linked product, and a ULIP is pitched as a superior mutual fund. When...

IDFC First Bank pays back 100% of Haryana Govt claims, post fraud incident

IDFC First Bank said it remains committed to working together with the relevant Haryana Government departments and the law enforcement agencies, to pursue actions...

IDFC First Bank assures it remains well capitalised, amid fraud incident

IDFC  First Bank has appointed KPMG to initiate an independent forensic audit into the incident and suspended those involved. In an analysts call on Monday,...

IDFC First Bank fraud case: RBI Governor says no systemic issue

“We are watching the development; there is no systemic issue,” Mr. Malhotra was quoted as saying to reporters at a press briefing after the...

No indication of any fraudulent activity: AU Small Finance Bank

    AU Small Finance Bank statement comes in wake of reports of fraudulent activities reported by another lender IDFC First Bank relating to account involving...

IDFC First Bank appoints KPMG to probe fraudulent transaction

IDFC First Bank received a request from a particular Department of Haryana Government for closure of its account and transfer of funds to another...

An expected pause, amid green shoots

The MPC took note of successful completion of trade deals and said it augurs well for the economic outlook. Merchandise exports will get a boost...

New formula proposed for banks dividend payout

‘Dividend’ means dividend payable on equity shares and includes interim dividend. The aggregate dividend should not exceed 75 per cent of profit after tax for the...

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FM Sitharaman to meet top officials in Singapore

Singapore is India’s largest source of FDI, with cumulative...

On track to cross 100 GW wind capacity: Minister

He inaugurated the 8th edition of 'Windergy India 2026'...

GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while...