Muthoot Finance Set for strong growth on ARC recoveries and gold loan demand

In 1QFY26, Muthoot Finance reported a robust operating performance with gold loan growth of approximately 40% year-on-year, supported by an 8% increas...

Anchors of Stability: Why India's Private Banks Inspire Global Investor Confidence

The global banking turbulence of 2023 may not have been as catastrophic as the 2008 global meltdown, but it starkly underlined the need for vigilant a...

Janmashtami bank holiday on Saturday: Are banks open or closed today on August 16, 2025?

Janmashtami bank holiday: On August 16, 2025, Janmashtami will be a bank holiday in several states, while banks in few states will remain open as it i...

SBI cuts MCLR rates: Know how it may impact your loan EMI

State Bank of India has reduced its MCLR rates on select tenures by up to 5 bps, effective August 15, 2025, following the RBI's decision to keep the r...

As regulatory curbs seem to ease fintechs bet on festive spark in unsecured lending play

After a period of slowdown due to regulatory measures, the digital lending sector anticipates a turnaround in FY26, fueled by the upcoming festive sea...

S&P Global upgrades ratings of 10 financial institutions

S&P Global Ratings on Friday upgraded ratings of top 10 financial institutions, including SBI, HDFC Bank and Tata Capital, a day after the US-based ag...

Corporate earnings slow to multi-quarter lows in Q1 as banking, consumer durables weigh

Indian companies experienced a slowdown in revenue and profit growth during the June quarter, hitting multi-quarter lows due to weak performance in ba...

FinMin proposes 2-tier GST structure, special rates on select items; Council meet likely in Sept

The finance ministry on Friday said it has proposed a two-slab GST rate structure to the Group of Ministers (GoM), along with special rates for select...

RBI's FREE-AI guidelines to reduce cost, risk for financial sector, says top executives

The endeavour of the Reserve Bank of India (RBI) to democratise the use of Artificial Intelligence (AI) in the financial sector will open new doors to...

Independence Day 2025: Modi Pushes GST Revamp, Made-in-India Chip, Energy Drive; Vows Farmers Safe from Trump-Era Trade Pressures

Prime Minister Narendra Modi, in his 79th Independence Day speech, unveiled GST reforms, a Made-in-India chip by year-end, critical mineral and Samudr...

Independence Day 2025: PM Modi's full speech

Prime Minister Modi addressed the nation on the 79th Independence Day, highlighting India's progress towards self-reliance and development. He emphasi...

Highlights of Putin statement after summit with Trump

Following a meeting in Alaska, President Putin highlighted the potential for improved U.S.-Russia relations, emphasizing the need to move past Cold Wa...