RBI Steps In: New Relief Measures for Exporters Facing Tariff Pressures and Their Lenders
The Reserve Bank of India (RBI) has introduced special relief measures to help exporters who are struggling because of higher global tariffs and trade...
Bandhan Bank Cleans Up Books, Offloads ₹3,212 Crore Bad Loans to ARCIL
Bandhan Bank had some bad loans in its microfinance business, which were mostly unsecured microfinance loans with no collateral such as property or gold...
Kotak Bank Boosts Share Count: Announces 5-for-1 Stock Split for Existing Shareholders
Kotak Mahindra Bank has decided to split its shares. Right now, 1 share will be divided into 5 smaller shares. This does not change...
No More Waiting: RBI Implements Same-Day Clearance Starting October 4
From October 4, 2025, cheques you deposit in banks like HDFC Bank, ICICI Bank and other Indian Banks will be cleared (processed) on the...
IndusInd Bank hired Pankaj Sharma as the Head of Business Transformation.
According to a report by Moneycontrol, IndusInd Bank, a private bank in India, has hired Pankaj Sharma as the Head of Business Transformation.. This...
HSBC Commits $1 Billion to Indian Startups Through Loans and Credit Lines
HSBC, a major international bank, is investing $1 billion to help startups in India grow. This funding will be provided through its innovation banking...
Will AI Really Take Over Human Jobs? Insights from Japan’s Leading Bank CEOs
Artificial Intelligence is rapidly transforming the job market by automating repetitive and data-driven tasks, especially in industries like finance, manufacturing, and customer service. The...
RBI Grants In-Principle Approval for Fino Payments Bank’s Conversion to a Small Finance Bank
The Reserve Bank of India (RBI) has given Fino Payments Bank permission (called “in-principle approval”) to start the process of becoming a Small Finance...
DCB Bank and ZET Launch Secured Credit Card for First-Time-Credit Customers
DCB Bank and fintech company ZET have launched a new secured credit card for people who are new to credit or don’t have access...
RBI Tightens Rules for Foreign Banks on Reporting Large Loans
The Reserve Bank of India (RBI) has tightened rules on how foreign banks operating in India must measure and report their large exposures (big...
