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Banking

Stay updated with the latest banking news, analysis, and trends

A man in a white shirt stands with his back to the viewer, looking at a transparent holographic screen with "EPFO UPI" and other tech graphics in a server room.

EPFO UPI Withdrawals: Faster PF Fund Access Coming Soon

EPFO is set to launch UPI withdrawals, allowing millions of members to access their PF funds faster by transferring money directly to their bank accounts.

By ThePip Desk•
A wide shot of a massive construction site with the steel framework of a factory building, numerous excavators, building materials, and workers in a rural Indian landscape under a hazy sky.

JSW Motors Bags $826M from SBI for EV Manufacturing

JSW Motors secures ₹80 billion ($826M) from State Bank of India to build a new EV plant and launch India’s first homegrown new energy passenger vehicle brand.

By ThePip Desk•
A robotic cart carrying servers moves down a wet, concrete aisle between rows of tall server racks in a data center.

Fed’s Fintech Account Plan: Innovation Meets Risk Management

The Federal Reserve proposes a new fintech account to boost financial innovation while ensuring stability and managing risks in the U.S. payment system.

By ThePip Desk•
Gold Loans Surge 50% to ₹19 Lakh Crore in FY26, Outpacing Retail Advances

Gold Loans Skyrocket 50% to ₹19 Lakh Cr in FY26

Gold loans surged 50% to ₹19 lakh crore in FY26, outpacing other retail advances. Discover the drivers behind this record growth in India’s fastest-growing loan category.

By ThePip Desk•
Overwhelmed Indian government officials in a cluttered office, urgently searching through stacks of files and binders under natural window light.

Supreme Court Demands Cabinet Records in Yes Bank AT-1 Bond Case

Supreme Court orders Finance Ministry to submit Cabinet records on Yes Bank’s Rs 8,415 crore AT-1 bond write-off by 3 PM.

By ThePip Desk•
Rupee Weakness and Job Market Woes Strain Overseas Education Economics

Rupee Weakness & Job Market Woes Hit Overseas Education

Depreciating rupee & rising loan rates make foreign education unaffordable. Tougher job markets abroad extend repayment timelines for Indian students.

By ThePip Desk•
Three Indian banking officials in a cluttered office, earnestly discussing documents and pointing at charts on a wall monitor, capturing a moment of candid collaboration.

Indian Banking Resilience: West Asia Crisis & Forex Reserves

Indian banking system shows resilience amid West Asia crisis and falling forex reserves. Financial leaders express confidence, urging against panic.

By ThePip Desk•
A candid, editorial shot of financial professionals in an operational office, analyzing data on multiple screens with focused expressions.

AI Transforms Credit Risk: Predictive Early Warning Systems

Discover how AI-powered early warning systems are revolutionizing credit risk management for lenders, enabling proactive identification and intervention with real-time data analysis.

By ThePip Desk•
Three men in suits stand around a cluttered wooden table in an office, examining documents and gold bars.

Central Banks Boost Gold Reserves: Goldman Sachs Predicts Price Surge

Goldman Sachs forecasts heightened central bank gold purchases by year-end due to geopolitical risks, potentially driving up gold prices. Discover the impact on reserves.

By ThePip Desk•
Three business people in an office, one standing and pointing at documents on a laptop, with two others seated, one looking thoughtful.

Jana SFB Raises ₹728 Cr; Venu, Lohia Firms to Buy Stakes

Jana Small Finance Bank secures ₹728 crore via equity sales, with Venu and Lohia firms acquiring stakes as it eyes a universal banking license.

By ThePip Desk•
A candid, editorial shot inside a busy office with a group of business professionals in a deep discussion around a large table.

ICICI Bank to Keep Majority Stake in ICICI Pru Life

ICICI Bank reaffirms its majority stake in ICICI Pru Life following Prudential’s acquisition of Bharti Life, ensuring continued commitment to the joint venture.

By ThePip Desk•
Three technicians work in a cluttered, authentic electronics repair shop, focusing on assembly and wiring of small devices.

NPCI’s Unified Soundbox: Simplifying Merchant Payments in India

NPCI is launching a unified soundbox infrastructure for UPI payments, aiming to streamline acceptance and reduce hardware for merchants across India.

By ThePip Desk•
Three financial professionals, two men and one woman, are engrossed in conversation at a cluttered desk in an office.

Muthoot FinCorp Plans ₹4,000 Crore IPO for Expansion & Innovation

Muthoot FinCorp aims to raise ₹4,000 crore through an IPO to fuel expansion, drive innovation, and capitalize on its current growth momentum in the financial services sector.

By ThePip Desk•
A woman at a cluttered desk, holding a credit card and phone, appears distressed while a man stands behind her looking concerned.

Blocked Credit Card? 5 Steps to Unblock Fast

Credit card blocked? Learn 5 essential steps to quickly identify the reason and restore access, ensuring smooth financial transactions.

By ThePip Desk•
A group of Indian cybersecurity professionals in a cluttered office, intently focused on multiple computer screens displaying code and data, some showing visible stress.

AI Cyber Threats: Indian Banks & Fintechs Preparedness

Explore how Indian banks and fintechs are bracing for AI-driven cyber threats like Anthropic’s Mythos and Google’s exploits. Assessing preparedness in the evolving digital landscape.

By ThePip Desk•
A group of Indian bank customers, some on phones, stand near a counter where a man holds a "Bank Holiday Today" sign.

India Bank Holidays May: SBI, HDFC Closures & Online Access

Major Indian banks like SBI & HDFC will close May 23-24 for holidays. Online banking remains active. Plan your transactions!

By ThePip Desk•
Two women at a kitchen table. One holds a phone, looking concerned, while the other gestures toward a laptop displaying charts.

Credit Card Default & Settlements: CIBIL Score Impact

Learn how bank settlements for defaulted credit cards impact your CIBIL score and future loan prospects. Understand the long-term consequences of debt settlement.

By ThePip Desk•
An editorial photograph shows a woman explaining a financial diagram on a whiteboard to an older couple at a cluttered dining table.

Smart Home Loan Planning for Families: Avoid Pitfalls

Navigate home loan planning for families. Learn to define ownership, manage EMIs sustainably, and secure legal agreements to avoid costly financial mistakes.

By ThePip Desk•
Three people, two older and one younger, review financial documents and charts in a naturally lit, slightly cluttered office.

NPS Overhaul: Flexible Pension Payouts Extended to 85

PFRDA enhances NPS with Retirement Income Schemes & drawdown facilities, allowing flexible pension payouts up to age 85 for corpus appreciation and financial security.

By ThePip Desk•
A candid, wide-angle shot shows several men in shirtsleeves examining stacks of files and documents in a cluttered government office.

Haryana Approves CBI Probe: 5 IAS Officers in Rs 590 Cr Bank Fraud

Haryana govt sanctions CBI investigation into 5 IAS officers for alleged Rs 590 crore fraud involving IDFC First Bank. Probe into fund misappropriation begins.

By ThePip Desk•
An elderly Indian couple, a woman in a sari and a man with a mustache, sits at a wooden table reviewing financial documents.

PPF: ₹2,000 Monthly Deposit Grows to ₹1.08 Crore

Learn how a ₹2,000 monthly PPF deposit can reach ₹1.08 crore by retirement, thanks to compounding and Section 80C tax benefits.

By ThePip Desk•
Indian PSBs Tap Liquidity Buffers Amid Surging Loan Demand

Indian PSBs Use Liquidity Buffers for Loan Demand

Indian Public Sector Banks are tapping liquidity buffers to meet surging loan demand as deposit growth lags. Regulatory shifts in FY27 to impact trend.

By ThePip Desk•
Close-up of men in suits pointing to a document labeled "Clarity Act" with Bitcoin coins on a wooden table.

Clarity Act Advances: Senate Set to Regulate Crypto

The Senate Banking Committee advances the Clarity Act, paving the way for comprehensive crypto, stablecoin, and exchange regulations in the U.S. Enhancing transparency and compliance.

By ThePip Desk•
Two hands point to sections of a document titled "CLARITY ACT" on a conference table, with blurry figures of people in suits in the background.

Senate Advances Clarity Act, Boosting Crypto Market Bill

The Senate Banking Committee advanced the Clarity Act, a significant crypto market structure bill, injecting momentum into stalled digital asset legislation after extensive negotiations.

By ThePip Desk•
India’s Gold Loan Market: Growth Fueled by Idle Gold

India’s Gold Loan Market: Growth Fueled by Idle Gold

Explore the significant untapped potential in India’s gold loan market, driven by rising gold prices and substantial household gold reserves, poised for robust growth.

By ThePip Desk•
Goldman Sachs Sells ₹62 Cr Jio Financial Services Stake in Block Deal

Goldman Sachs Sells ₹62 Cr Jio Financial Stake

Goldman Sachs divests ₹62 Cr stake in Jio Financial Services via block deal to Morgan Stanley, as JFS expands into insurance and asset management.

By ThePip Desk•
A Reserve Bank of India document is abandoned on parched, cracked ground next to broken concrete bridge foundations.

India Banks Lag Climate Risk Management Amidst Growing Threats

Major Indian banks disclose climate data but fail to integrate it into lending, leaving them vulnerable to escalating physical climate risks and financial instability.

By ThePip Desk•
A focused woman in a suit works on a computer with financial charts, a small house model nearby, and colleagues in the background.

LIC Housing Finance Q4 Profit Jumps 9.4% to ₹1,497 Cr

LIC Housing Finance reports a 9.4% Q4 profit increase to ₹1,497 crore, driven by reduced bad loan provisions. Dividend of ₹10 per share recommended for FY26.

By ThePip Desk•
A split image showing two men in office settings, one looking concerned at a loan statement and the other smiling at his.

Canara Bank Hikes MCLR by 5 Bps; BoB Holds Rates

Canara Bank increases MCLR by 5 basis points, potentially raising EMIs. Bank of Baroda maintains its current lending rates. Stay informed on banking rate changes.

By ThePip Desk•
Three professionals, two men and one woman, are seated around a desk with a model house and documents.

Home Loans: Banks vs. HFCs – Which is Right for You?

Choosing between banks and Housing Finance Companies (HFCs) for your home loan? Compare interest rates, documentation, and processing to make the best decision for your home purchase.

By ThePip Desk•