RBI Forex Window Closing: FCNR(B) Deposit Rates to Fall
NRIs, OCIs, PIOs: The RBI’s special forex swap facility for high FCNR(B) deposit rates closes August 31, 2026. Act fast for better returns.
Nifty 50 Dips 0.14% Amid Renewed Selling Pressure
India’s Nifty 50 fell 0.14% to 24,219 on August 24, forming a bearish candle. Bank Nifty also declined amid increased volatility and selling pressure at resistance levels.
Sebi Clears Max Financial, Axis Group in Fraud Probe
India’s Sebi dismisses fraud & disclosure allegations against Max Financial Services and Axis entities after investigating 2010, 2015, 2020 arrangements.
India’s Rs 2 Lakh Cr Private Credit Market: Untapped Investment
Explore India’s Rs 2 lakh crore private credit market, a significant investment opportunity distinct from equity, filling traditional financing gaps for businesses.
RBI Appoints New Directors to Central Board
The Indian government has appointed Annie George Mathew, Janmejaya Sinha, and Syed Akbaruddin as part-time directors to the RBI Central Board for four-year terms starting August 24, 2026.
RBI Rate Hike Likely: MPC Minutes Signal Policy Shift
RBI’s MPC minutes suggest a potential rate hike in October or December due to normalizing inflation. India’s economy shows mixed growth and rising price pressures.
JPMorgan Unit Claims SEBI Breach Was Technical, Not Manipulation
JPMorgan Chase subsidiary Copthall Mauritius Investment Ltd. argues its SEBI non-compliance was technical, not manipulative, challenging India’s market regulator’s ban.
India Banking Credit Growth Surges to 19.3% in July 2026
India’s banking sector experienced robust 19.3% YoY credit growth in July 2026, fueled by broad demand across industry, services, and personal loans. Deposit growth also strong.
UPI’s Decade: India’s Digital Payments Skyrocket 13,000x
India’s UPI celebrates 10 years, revolutionizing digital payments with a 13,000x transaction surge and growing global impact. Explore the incredible growth.
Mirae Asset Sharekhan: 11 BFSI Stocks for Long-Term Investment
Mirae Asset Sharekhan recommends 11 BFSI stocks for long-term growth, citing strong Q1 FY27 results, cleaned balance sheets, and improved margins.
UPI’s Decade: Transaction Volume Soars 13,000x
India’s UPI celebrates 10 years, becoming the world’s largest real-time payment system with a staggering 13,000-fold increase in transaction volume.
Gold Loans: India’s Shift to Planned Financial Tool
Discover how gold loans in India are evolving from emergency funds to strategic financial tools, driven by rising gold prices and NBFC growth.
Resona Bank Invests $20M in Tata Capital Fund for India Expansion
Japan’s Resona Bank commits $20M to Tata Capital Growth Fund III, enhancing Japanese business access to India’s burgeoning market through a strategic partnership.
India Inc. Funds Expansion with Cash, Boosts Financial Discipline
Indian companies are prioritizing internal cash for expansion over bank debt, enhancing financial discipline and systemic stability. Learn more.
UPI Turns 10: Transaction Value Skyrockets 4000x to ₹314 Lakh Crore
India’s UPI celebrates 10 years with a staggering 4000x surge in transaction value, reaching ₹314 lakh crore. Explore its decade of digital payment revolution.
Sensex, Nifty Dip Amid Geopolitical Tensions & US Sanctions
Indian markets fell on Aug 24, 2026, as Sensex dropped 172 points and Nifty closed below 24,250 due to Iran tensions and looming US sanctions.
Citigroup & Axis Bank Boost NRI Dollar Inflows to India
Citigroup and Axis Bank partner to finance NRI foreign-currency deposits, aiming to significantly increase dollar inflows into India’s banking system.
UPI: A Decade of Explosive Growth in Digital Payments
India’s UPI, launched in 2016, celebrates a decade of phenomenal growth, witnessing a 13,000x surge in transactions and global recognition.
SBI BSBD Account: New Cash Withdrawal Charges from Oct 1, 2026
State Bank of India (SBI) introduces new charges for Basic Savings Bank Deposit (BSBD) account cash withdrawals from October 1, 2026. Know the new limits and fees.
Axis Bank & MakeMyTrip: Save Up to ₹20,000 on Travel
Axis Bank credit cardholders can save up to ₹20,000 on MakeMyTrip bookings for flights, hotels, and holiday packages until March 2027. Plan your next getaway!
Indian Stocks Slip: PSU Banks Drag Down Sensex, Nifty
Indian equity benchmarks reversed early gains on Aug 24, 2026, as PSU bank shares tumbled. Sensex fell 0.20%, Nifty 0.21%, despite broader market resilience.
RBI Rate Hike Uncertainty: Conflicting Signals Cloud Outlook
Conflicting signals from RBI’s MPC and Governor Malhotra create uncertainty for India’s future rate hikes. Explore the divergence and its market impact.
Bank Locker Thefts: RBI Rules Under Fire
Gold jewellery thefts from bank lockers in Mumbai & Kanpur raise security concerns. RBI’s compensation limits are under scrutiny.
Indian Banks’ Decade-Best Health: Low NPAs, Strong Buffers
Indian banks achieve decade-best financial health with near-historic low NPAs and robust capital buffers, signaling a resilient and recovering sector.
Bank Unions Strike Sept 11: 5-Day Banking, PLI Disputes Halt Services
Nationwide bank strike on Sept 11, 2026, by UFBU over 5-day banking, PLI issues, and pension disputes. Expect major disruptions.
August 2026 FD Rates: Banks Hike Interest for Savers
Discover which banks boosted FD rates in August 2026. Learn about DCB Bank’s 8.05% for seniors & 7.50% for others. Maximize your savings!
Citigroup & Axis Bank Boost India Dollar Deposits
Citigroup and Axis Bank partner to offer financing for NRIs investing in dollar deposits, aiming to increase India’s foreign currency inflows and strengthen reserves.
India Markets: SAIL F&O Ban, IPO Frenzy, Corporate News
Explore India’s market on Aug 24, 2026: SAIL F&O ban, high IPO subscriptions for Lalithaa Jewellery, Horizon Industrial Parks, and key corporate updates from Caplin Point & Federal Bank.
Citigroup & Axis Bank Partner for Leveraged NRI Dollar Deposits
Citigroup and Axis Bank launch leveraged dollar deposit facility for NRIs, aiming to boost India’s dollar inflows and support RBI’s economic goals.
Shriram Finance: Bullish on CV Demand, Eyes EV Growth
Shriram Finance sees strong CV demand despite price hikes, fueled by economic growth and a 5x surge in EV financing. Learn their expansion strategy.