AFG Profit Soars 39% to $49M in FY26
Australian Finance Group (AFG) announces a 39% profit jump to $49M in FY26, driven by strong growth in its Distribution and Manufacturing segments. Learn more.
RD Rates 2026: SBI, ICICI, PNB & Post Office Comparison
Compare 2026 Recurring Deposit (RD) interest rates from SBI, ICICI, PNB & Post Office. Discover disciplined savings with assured returns for your financial goals.
Nifty 50 Extends Losing Streak Amidst Crude Oil Price Surge
Indian benchmarks Nifty 50 and Sensex face a seventh consecutive session of losses on August 20, 2026, as rising crude oil prices dampen market sentiment.
LIC to Raise HDFC Bank Stake to 9.99% After RBI Nod
RBI approves LIC’s request to increase its stake in HDFC Bank to 9.99%, marking a significant development in India’s banking and financial sector.
Gaja Capital IPO Risks: Cash Flow, Audit, Promoter Default
Gaja Capital IPO faces scrutiny over negative cash flow, audit trail gaps, and promoter’s RBI default. Key risks investors should know.
Nitin Gosar’s North Star Strategy: 24% Compounding Success
Discover Nitin Gosar’s ‘North Star strategy’ at Bank of India Mutual Fund, driving a flagship fund to a remarkable 24% compounding return, outperforming its benchmark.
SMBC Invests in Yes Bank, Becomes Largest Shareholder
Sumitomo Mitsui Banking Corporation (SMBC) now holds a 24.9% stake in Yes Bank, becoming its largest shareholder and enhancing its market position and governance.
CreditAccess Grameen Announces Analyst & Investor Meetings for August 21
CreditAccess Grameen confirms August 21 for its analyst and investor meetings, offering market participants key updates on performance and strategy.
Used Car Loans Surge 26% CAGR, Outpacing New Auto Loans
Discover how used car financing in India is rapidly expanding at a 26.2% CAGR, surpassing new auto loans despite higher stress levels. Learn more about the trends.
SBI Bulk FD Rates Cut: What Investors Must Know
State Bank of India (SBI) has reduced interest rates on bulk fixed deposits (₹3 crore+) for shorter tenures, effective August 15, 2026. Learn how it impacts your investments.
RBI Fines Bank of Baroda ₹2.15 Lakh for Note Misclassification
RBI penalizes Bank of Baroda ₹2.15 lakh for misclassifying mutilated notes as soiled, highlighting strict currency management adherence. Disclosed August 19, 2026.
RBI MPC Hints at Rate Hikes Amid Inflation Concerns
RBI MPC minutes reveal members are signaling potential interest rate hikes due to rising inflation projections and economic risks, despite holding rates steady.
Indian Banks Raise $4 Billion in Global Bonds
Indian banks successfully raised $4 billion through global bond issuances between June and August 2026, fueled by strong investor demand and RBI’s forex swap facility.
India’s $50B Surplus: Will RBI Actions Strengthen the Rupee?
India’s projected $50B balance-of-payments surplus in FY27 faces a crucial test: the RBI’s dollar management strategy. Will the rupee strengthen?
IBC Delays Persist: Improved Recoveries Amidst Stalled Resolutions
India’s IBC faces persistent resolution delays, with most cases exceeding 270 days. However, financial creditors saw improved recoveries in Q1 FY24. Explore the reasons and impact.
IDFC First Bank Raises $500M in Maiden Global Bond Issuance
IDFC First Bank successfully raises $500 million via its first international bond issuance from GIFT City, diversifying funding and attracting global investors like BlackRock.
FIIs Invest ₹16K Cr in Indian Stocks Amid Global Headwinds
Foreign Institutional Investors turned net buyers in Indian equities in August 2026, injecting over ₹16,000 crore despite global economic challenges and high US Treasury yields.
SBI Slashes Bulk FD Rates: August 15, 2026 Changes
State Bank of India reduces interest rates on bulk fixed deposits (Rs 3 Cr+) for shorter tenures effective August 15, 2026. Learn about the new rates.
Interbank Call Rates Hit 5.00% Amidst Tight Liquidity
India’s interbank call rates surged to 5.00% due to strong borrowing demand and tight liquidity, with the weighted average rate at 5.16%. Explore the market dynamics.
Paisalo Digital & LoanKhata Forge ₹1000 Cr Co-Lending Pact for MSMEs
Paisalo Digital and LoanKhata partner for a ₹1,000 crore co-lending facility, focusing on empowering micro-enterprises and MSMEs with crucial financial support.
DSP Mutual Fund Launches New Financial Services Debt Fund
DSP Mutual Fund introduces the DSP Financial Services Sectoral Debt Fund, an open-ended debt scheme. NFO opens August 19, 2026.
SEBI Eases KYC for Overseas Indians & Foreign Nationals
SEBI proposes simplifying KYC for overseas Indians and foreign nationals, enabling digital onboarding for those in FATF-compliant countries, removing physical presence requirement.
SEBI Mulls After-Market Orders for Closing Auction
India’s SEBI is considering allowing after-market orders (AMOs) during the 3:15 PM – 3:20 PM closing auction window to boost market participation and price discovery.
Digital Payment Disruptions Hit 83% in India: Network Issues Plague Users
A concerning LocalCircles survey reveals 83% of Indian digital payment users face monthly network disruptions, leading to transaction failures and highlighting critical infrastructure gaps.
Axis Bank Credit Card Changes: August 28 Update
Axis Bank updates credit card rules from August 28. Learn about increased overseas transaction costs (DCC markup to 3.5%) and revised late payment fees.
India’s Used-Car Loans Drive Vehicle Finance Growth
India’s used-car financing market booms, formalizing pre-owned vehicle purchases and attracting new borrowers with a 26.2% CAGR.
Finance Minister: PSBs Key to Viksit Bharat Vision
Finance Minister Nirmala Sitharaman urges Public Sector Banks (PSBs) to leverage their strengths for India’s Viksit Bharat vision, focusing on ambition and competitiveness.
August Stock Picks: GRSE, BEML, HFCL, Federal Bank
Discover top stock recommendations for August 19, including GRSE, BEML, HFCL, and Federal Bank. Get entry, target, and stop-loss levels.
Paytm Parent Block Deal: Goldman Sachs Buys 3% Stake
One 97 Communications, Paytm’s parent, experienced a Rs 2,949 Cr block deal. Goldman Sachs, BNP Paribas, and domestic funds acquired a significant 3% stake.
Indian Markets Dip: Sensex Down 492, Nifty Falls 0.55%
Indian equity benchmarks closed lower on Aug 18, 2026. Sensex dropped 492 points, Nifty fell 0.55%, impacted by IT sector weakness and a depreciating Rupee.