Banking News
Banking
Is Your Credit Card Worth What It Costs? Interest Rates, Rewards and Smart Repayment Strategies
Credit card interest rates can reach 45% in India. Learn how minimum payments, reward programmes and repayment habits affect the real cost.
Customers Without Bank Accounts Can Send Up to ₹50,000 With Cash Pay-In Service Under RBI Guidelines
RBI's 2026 rules allow people without bank accounts to send up to ₹50,000 through branch-based NEFT, with separate limits for other cash transfer channels.
LIC Expects Limited Impact from IRDAI’s Proposed Commission Cuts, Cites Lower Expense Ratio
LIC expects limited impact from proposed IRDAI commission cuts due to its controlled distribution costs, while expanding bank partnerships ahead of the IDBI stake sale.
China’s debt crisis: Debt collectors are chasing 10 crore people who can’t repay loans
China's consumer debt crisis is deepening as an estimated 10 crore borrowers struggle with repayments, while banks sell bad loans to distressed-debt investors.
RBI Proposes Rs 100-Crore Priority Sector Loan Limit for Agriculture Infrastructure, Food Processing Loans
RBI proposes a Rs 100 crore priority sector loan limit for agriculture infrastructure and food processing while retaining banks' overall 40% lending target.
RBI Forms New Advisory Panel for India’s Financial Markets
RBI forms a technical advisory committee to improve financial market liquidity, resilience and infrastructure through regular consultation with industry experts.
RBI Rejects 182-Day T-Bill Bids Amid Yield Concerns
RBI rejected all bids for Rs 8,000 crore of 182-day T-Bills as investors sought higher yields amid liquidity concerns and expectations of further rate hikes.
RBI Forms Panel to Review Money and Derivative Markets
RBI has formed a seven-member external panel to consult banks and market participants on money markets, derivatives, infrastructure and financial developments.
Spandana Sphoorty Reports Rs 7.8 Crore Cyber Fraud
Spandana Sphoorty Financial reports unauthorised bank transfers worth Rs 7.8 crore and seeks transaction reversals and freezing of beneficiary accounts.
Buy, Borrow and Die: Inside the $5.4 Trillion Market
The buy, borrow and die strategy is expanding as securities-backed lending reaches $5.4 trillion, offering liquidity while exposing investors to financial risks.
SEB Q3 Profit Misses Forecast as Buybacks Are Paused
Swedish bank SEB reports lower-than-expected Q3 profit and pauses share buybacks as loan growth and higher regulatory capital requirements pressure finances.
Anup Bagchi HDFC Bank CEO Appointment Explained
Anup Bagchi's HDFC Bank CEO appointment highlights a wider trend of external leaders taking charge of India's major private-sector banks.
HDFC Bank Appoints Anup Bagchi as New CEO
HDFC Bank appoints Anup Bagchi as MD and CEO for three years from October 27, following RBI approval and Sashidhar Jagdishan’s exit.
Five-Day Banking: IBA-UFBU Committee Holds First Meeting
Five-day banking discussions begin as the IBA-UFBU committee holds its first meeting, with bank unions seeking holidays on all Saturdays.
RBI Repo Rate Stays at 5.25% – Home Loan EMI Impact
If you were hoping that the Reserve Bank of India's latest monetary policy decision would bring down your home...
Lowest Education Loan Interest Rates in India 2026: Compare Top Banks, Eligibility and Smart Borrowing Tips
With higher education costs continuing to rise in India and abroad, choosing the right education loan can save students and families lakhs of rupees over the repayment period.
Lowest Personal Loan Interest Rates in India 2026: Compare Top Banks, Eligibility and Smart Borrowing Tips
Finding the lowest personal loan interest rate involves more than comparing advertised offers. Your credit score, income stability, and repayment history play a crucial role in determining the final rate.
Rs 4 Lakh Found Scattered on Shamli Highway: Mystery Deepens Over Source and Ownership
A routine day on a highway in Uttar Pradesh’s Shamli turned into a scene straight out of a movie...
Best Credit Cards in India 2026: Top Cashback, Rewards & Travel Cards Compared
.tfd_main_product_list_body {flex-wrap: wrap;} The Indian credit card market in 2026 is more competitive and more confusing than ever. Banks are...