Bengaluru (Karnataka) [India], January 30: Wibmo, a leading provider of innovative payment security, acquiring and issuance platforms, today announced its recognition as the 41st-ranked company in the prestigious Chartis Retail Banking Analytics 50 rankings for 2025. This achievement positio
The continued fall of the Indian Rupee against the US Dollar is mainly driven by persistent capital outflows, with upcoming developments such as the Union Budget and news related to US tariffs emerging as key factors to watch, currency experts said as the Rupee slipped close to the 92 lev
According to the Chhattisgarh Chief Minister's Office (CMO), a total of Rs. 641.34 crore will be transferred through Direct Benefit Transfer (DBT) into the bank accounts of 68,39,592 eligible women beneficiaries across the state on January 30.
The level of infrastructure investment that has happened in India in the last 10 years is quite admirable, World Bank President Ajay Banga said on Thursday, noting that the country has demonstrated it can show exceptional growth.
Bangalore (Karnataka) [India], January 29: As Indian consumers increasingly prioritise speed, transparency, and ease of use in their financial decisions, banking is undergoing a fundamental shift. Choice today is no longer driven by branch density or legacy alone, but by how seamlessly finan
New Delhi [India], January 29: Chennai-based fintech firm Paysharp has secured the Reserve Bank of India's Payment Aggregator-Physical (PA-P) licence on 21 January 2026, marking a key milestone in the company's regulatory journey. Earlier, in August 2024, the company had obtained the RBI's P
The Economic Survey highlighted that the recovery rate in NPAs in SCBs has approximately doubled from 13.2 per cent in FY18 to 26.2 per cent in FY25. The slippage ratio of SCBs, which measures the amount of new accretion to NPAs during the FY as a percentage of standard loans and advances as
In November 2025, bank credit to this sector increased by 21.8% compared to a 13% increase in November 2024. Within the MSME sector, the credit extended to the micro and small enterprises has registered an increase of 24.6% (YoY) in November 2025, up from 10.2% in November 2024, data rele
Hyderabad (Telangana) [India], January 29: Pennant Technologies, an agile and innovative financial technology company, today announced its inclusion in two recent Gartner reports focused on the application of artificial intelligence (AI) in banking. According to Pennant, the reports highligh
The National Bank for Agriculture and Rural Development (NABARD) on Wednesday organised the State Credit Seminar for Himachal Pradesh in Shimla, during which the State Focus Paper for 2026-27 was released. The seminar was attended by key stakeholders from the State Government, Reserve Ban
As of November 2025, PSU Banks accounted for nearly 60% of the total gold loan portfolio outstanding, strengthening their leadership position over the past two years. Their growing share reflects a strategic tilt towards secured lending, as banks prioritise strong collateral amid elevated go
New Delhi [India], January 28: The countdown for CUET 2026 has started and all the serious students are aware of the importance of smart preparation. The CUET examination is very challenging and the syllabus is very new, so you must be fully updated with the best study material. The latest C