Rajya Sabha Approves Bill to Modernize Banking Evidence
The Rajya Sabha passed the Bankers’ Books Evidence Bill, 2026, updating banking record definitions to include digital formats and streamline legal admissibility.
UPI Dominates India’s Digital Payments as Cash Declines
India’s digital payment revolution is here! UPI QR codes surge 16.9% while traditional ATMs decline, signaling a major shift in financial infrastructure.
CMS Info Systems Q1 Profit Dips 10.6% Amid Currency Woes
CMS Info Systems Ltd. reports a 10.6% drop in Q1 FY27 profit to ₹83.7 crore, citing a decade-high currency-supply disruption impacting ATM transactions.
ABSL MF Launches New Funds, Dhoot Transmission IPO Subscribed 63%
Aditya Birla Sun Life Mutual Fund introduces two new Specialized Investment Funds (SIFs). Dhoot Transmission’s IPO sees strong initial subscription.
SEBI Eyes Increased ISIN Limit for Private Debt to Boost Liquidity
SEBI proposes raising the annual ISIN limit for privately placed debt from 14 to 17, aiming to ease liquidity and refinancing pressures for NBFCs and large corporations.
DIIs Invest ₹5.13 Lakh Cr in Equities, Bolstering Indian Markets
Domestic institutional investors (DIIs) inject ₹5.13 lakh crore into Indian equities, stabilizing markets amid wavering FPI flows. Discover key investment figures and economic resilience.
The Wealth Company Launches US Dollar AIF at GIFT City
The Wealth Company introduces its first US-dollar AIF at GIFT City, simplifying Indian market access for global investors by removing FPI registration complexities.
RBI Officers Demand HR Policy Overhaul & Time-Bound Promotions
RBI Officers’ Association urges Governor Sanjay Malhotra to overhaul HR policies, demanding time-bound promotions up to Grade E due to eroded confidence in career progression.
CDs Overtake G-secs in Debt Funds Amid Tax Changes
Bank CDs now lead debt mutual fund holdings, surpassing government securities due to recent tax rule changes impacting long-term investment schemes.
Sebi Proposes Enhanced Corporate Debt Repayment Flexibility
India’s Sebi proposes new rules for corporate debt repayment flexibility, aiming to ease refinancing pressures and improve cash flow management for issuers, especially NBFCs.
Indian Households Favor Deposits Amid Market Volatility
Indian households are shifting savings to bank deposits and liquid assets in FY26, prioritizing capital protection due to global instability and market volatility.
Future MDR for High-Value Digital Transactions Only: FM
India’s Finance Minister confirms future Merchant Discount Rate (MDR) will target only high-value digital transactions, keeping UPI free for small businesses and consumers.
SEBI Eyes 17 ISIN Limit for Private Debt to Boost Liquidity
SEBI proposes increasing the annual ISIN limit for private debt from 14 to 17, aiming to ease liquidity and refinancing pressures for NBFCs and large corporates in India.
ED Files Chargesheets Against Anil Ambani Firms in ₹40,185 Cr Cases
Enforcement Directorate files PMLA chargesheets against Reliance Infrastructure & RCom for alleged bank fraud and money laundering totaling ₹40,185 crore.
DBS Bank India Finances K Raheja Corp’s Pune Tower with ₹520 Cr
DBS Bank India sanctions ₹520 crore construction finance for K Raheja Corp’s 1.1M sq ft Grade A commercial tower in Pune, meeting the city’s booming office demand.
RBI’s New Loan Recovery Rules: What Borrowers Need to Know
RBI introduces strict loan recovery rules from Jan 1, 2027. Mandates call recordings, limits agent hours, and enhances borrower protection. Learn more.
FD Rates Change: 5 Banks Adjust Fixed Deposit Rates Post RBI Decision
Following the RBI’s decision to maintain the repo rate at 5.25%, Union Bank, Indian Bank, CSB Bank, DCB Bank, and Jana Small Finance Bank have revised their fixed deposit interest rates. Discover the new FD rates.
Nominee vs. Owner: Understanding Asset Rights in India
Clarifying nominee roles in India: Nominees for bank balances & mutual funds are trustees, not owners. Legal heirs ultimately decide asset distribution.
RBI Bans Remote Device Disabling for Loan Recovery by 2027
RBI prohibits banks from remotely disabling borrower devices for loan recovery from Jan 1, 2027. Learn about the new regulations and exceptions.
NRI Parents & SSY: Strict Eligibility for 8.2% Interest Scheme
NRI parents: Understand Sukanya Samriddhi Yojana (SSY) eligibility. New accounts require resident Indian status, despite Indian passports. Learn about the 8.2% interest scheme.
DII Equity Investments Hit Rs 5 Lakh Crore for 3rd Year
Domestic Institutional Investors (DIIs) in India surpass Rs 5 lakh crore in net equity investments for the third consecutive year, significantly bolstering markets amid fluctuating foreign flows.
Indian Banks Expand Gold Loans Amid High Demand
Indian banks are rapidly growing their gold loan portfolios due to surging demand for jewelry-backed credit and record-high gold prices.
DIIs Invest Over ₹5 Lakh Crore in Equity for 3rd Year
Domestic Institutional Investors (DIIs) in India surpass ₹5 lakh crore in equity investments for the third consecutive year, proving crucial for market stability.
Indian Banks Shift Staff to Sales & Service Amid Digital Growth
Indian banks are strategically redeploying staff from routine tasks to sales and customer engagement roles, adapting to the surge in digital banking adoption.
Mirae Asset Analyst Picks: YES Bank, SAMIL, Cummins India Stocks
Mirae Asset Sharekhan analyst recommends YES Bank (Buy), SAMIL (Hold), and Cummins India amid market downturn. Get stock targets and stop losses.
SBI Q1 Earnings Beat: Brokerages Raise Target Prices
State Bank of India’s strong Q1 earnings, driven by loan growth and improved margins, lead JPMorgan and Citi to raise target prices. Discover key financials.
Gold Loans Gain Traction in India Over Personal Loans
Indian borrowers are shifting to gold loans due to lower interest rates compared to personal loans, impacting major banks’ portfolios.
Top 5 Stocks for August 10: ITC, PNB, Anand Rathi Picks
Discover 5 top stock recommendations for August 10, 2026, including ITC & PNB. Get buy ranges, targets, and stop-losses for informed trading.
IIFL Finance: Special Gold Loan for Women | Low Rates
IIFL Finance launches a special gold loan scheme for women, offering low interest rates starting at 0.81%/month and zero processing fees. Empowering women entrepreneurs and homemakers.
Morbi Businessman Loses ₹1.54 Cr in Fake IPO Scam
A Morbi businessman lost ₹1.54 crore to a sophisticated fake IPO investment scam. Learn how fraudsters operate and protect yourself from similar schemes.