Search For "banks"
"You cannot afford to mis-sell": FM to banks, says glad that RBI coming up
Updated : 1 week, 1 day ago IST
Addressing a press conference, post customary post-Budget meeting with Central Board of Directors of the RBI, the Finance Minister said, "I am glad that the RBI is coming up with guidance on why mis-selling is not going to be entertained. The message should go to the banks that you cannot
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Banking sector earnings likely to rebound 17% in FY27-28E, private banks t
Updated : 1 week, 1 day ago IST
The earnings of the overall banking sector in the country are expected to register a strong rebound of 17 per cent over the period of FY27-28E, driven by improved loan growth, recovery in margins and stable asset quality, according to a report by IIFL Capital.
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Global growth to be marginally higher in 2026 supported by tech-related in
Updated : 1 week, 1 day ago IST
Governor Malhotra noted that global expansion would be supported by a surge in technology-related investments, conducive fiscal and monetary policies, and accommodative financial conditions. However, he cautioned that inflation outcomes remain uneven across countries, prompting central banks
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Bank profitability improves, outlook healthy on advances growth, lower int
Updated : 1 week, 1 day ago IST
The profitability of banks improved in the third quarter, supported by higher Net Interest Income (NII), lower slippages, better recoveries, and improved fee income, reflecting continued stability in the banking sector, according to a report by Systematix Group.
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Fight AI with AI, says Zscaler CEO, emphasising cybersecurity shift at Ind
Updated : 1 week, 1 day ago IST
Noting that some of the large banks in India are more sophisticated in using technology and cybersecurity than some other banks in the West, Zscaler CEO Jay Chaudhry has said that AI is powerful but can be dangerous as well, and there is a need of trusted security technology to protect cr
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RBI's Risk-Based deposit insurance premium framework to boost stronger ban
Updated : 1 week, 1 day ago IST
The framework, released on February 6, 2026, replaces the existing flat premium rate of 12 paise per Rs. 100 of assessable deposits (AD) with a differential pricing structure. Under the revised system, banks will be categorised based on risk scores derived from the Deposit Insurance and Cred
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Tamil Nadu: Seven injured after 60-foot temple chariot topples in Vellore
Updated : 1 week, 1 day ago IST
Seven people sustained serious injuries after a 60-foot temple chariot toppled during the annual Mayana Kollai festival held on the banks of the Palar River in Vellore district. The injured have been admitted to the Government Medical College Hospital in Adukkamparai.
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RBI's new capital market exposure norms will help banks fund acquisitions
Updated : 1 week, 1 day ago IST
The Reserve Bank of India's (RBI) new rules on banks' capital market exposure will allow lenders to actively participate in corporate takeovers, mergers and acquisitions (M&A), and leveraged buyouts, according to a report by JM Financial.
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"Massive embezzlement of funds:" Kerala Congress President Sunny Joseph on
Updated : 1 week, 1 day ago IST
Congress Committee President Sunny Joseph on Saturday alleged massive embezzlement of funds in the organisation of the Global Ayyappa Sangamam, held in September 2025 on the banks of the River Pampa at the Sabarimala hill shrine base camp in Kerala.
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Banks allowed to sponsor pension funds under NPS, it is level playing fiel
Updated : 1 week, 1 day ago IST
Having allowed banks to sponsor pension funds under the National Pension System (NPS), Chairman of the Pension Fund Regulatory and Development Authority (PFRDA) Sivasubramanian Ramann, has said that the playing field is level for all sponsors, including Asset Management Companies.
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NBFC-MFIs commands 41.6% of microfinance loan portfolio; banks' share decl
Updated : 1 week, 1 day ago IST
In contrast, banks saw their portfolio share decline from 32.7% in December 2024 to 26.6% in December 2025, it said. The report said that while banks posted 13.4% QoQ growth in originations value in Q3 FY26, their overall share in disbursements fell from 36.7% in Q3 FY25 to 26% in Q3 FY26. N
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Netcore's Financial Services Trends 2026: Agentic Marketing Marks the Next
Updated : 1 week, 1 day ago IST
Mumbai (Maharashtra) [India], February 12: Netcore today released Financial Services Trends 2026, a new thought-leadership report that examines how banks, fintechs, and insurers are re-architecting growth as artificial intelligence moves from experimentation to execution. Financial Services
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