New Delhi, February 22 YES Bank, a private sector lender on the path to recovery, expects to close the current financial year with a return on assets (ROA) of 1%, according to the bank's Chief Financial Officer, Niranjan Banodkar.Return on Assets (ROA) is a profitability metric that measures...
New Delhi, February 18 Artificial Intelligence has helped reduce the time to disburse loans to MSMEs to under 30 minutes, and saves relationship managers eight hours every week, a top official of BUSINESSNEXT, an autonomous AI operating system for banks and financial services, said on Wednesday...
ai agents
artificial intelligence
axis bank
banking
businessnext
complaint management system
crmnext
financial services
hdfc bank
indusind bank
kotak mahindra bank
loan disbursement
msmes
relationship management
sbi
New Delhi, February 18: Achieving the ambitious goal of 6 crore 'Lakhpati Didi's' would require connecting at least 10 crore women to the various financial inclusion initiatives of the Ministry of Rural Development, Union Agriculture Minister Shivraj Singh Chouhan said on Wednesday.He...
banking
credit access
deendayal antyodaya yojana–national rural livelihoods mission
financial inclusion
financial literacy
india
insurance coverage
lakhpati didi
ministry of rural development
rural india
self-help groups
shg
social security
state governments
women's empowerment
Chennai, February 17 Ashok Leyland, the flagship of the Hinduja Group, has partnered with Rajasthan Gramin Bank to provide end-to-end financial solutions to its customers, a top official said on Tuesday.Rajasthan Gramin Bank AGM Abhimanyu Charan exchanged documents with Ashok Leyland’s Head of...
Mumbai, February 17 The Reserve Bank proposed greater flexibility for authorized persons to engage in foreign exchange transactions for hedging their exposures, managing their balance sheets, and facilitating market-making, as well as to ease reporting requirements, following a review of the...
New Delhi, February 17 AU Small Finance Bank announced on Tuesday the launch of its gold loan branch network as part of a broader nationwide expansion in secured retail lending.The small finance bank (SFB) has inaugurated its first two dedicated Gold Loan servicing branches in Jamnagar and...
au small finance bank
banking
branch network
expansion
financial services
gold loan
gujarat
karnataka
loan branches
maharashtra
retail lending
secured lending
small finance banks
tamil nadu
telangana
New Delhi, February 16 The Apparel Export Promotion Council (AEPC) said on Monday that it has requested the Reserve Bank of India to introduce a special interest package scheme for MSMEs.AEPC Chairman A Sakthivel said that he met Reserve Bank of India Governor Sanjay Malhotra in Mumbai and...
New Delhi, February 16 Shares of Fractal Analytics, a provider of artificial intelligence (AI) solutions, closed at a discount of 7 per cent against the issue price of Rs 900 on its debut trading day on Monday.The stock listed at Rs 876, a decline of 2.67 per cent from the issue price on the...
New Delhi, February 16 BLS E-Services announced on Monday that it will acquire a 100% stake in Atyati Technologies for ₹154 crore.In a regulatory filing, the company stated that the acquisition will be a fully cash transaction and is expected to be completed by March 31, 2026.The acquisition...
Mumbai, February 13 The Reserve Bank proposed on Friday allowing banks to extend loans to REITs, capping the total exposure at 49 percent of the asset value under each investment trust.Banks will provide loans only to listed Real Estate Investment Trusts (REITs).Currently, there are five...
asset value
banking
banks
credit facilities
financial regulation
india
investment trusts
invits
loan capping
real estate finance
real estate investment trusts
regulatory action
reits
reserve bank of india
sebi
New Delhi, February 13 The market regulator, Sebi, launched a multilingual, AI-enabled public outreach campaign on a pilot basis on Friday to enhance investor awareness about the 'Sebi Check' tool and validated UPI handles.The initiative has been launched in collaboration with Sarvam, a...
February 13, New Delhi: President Donald Trump stated on Thursday that he was unaware of Commerce Secretary Howard Lutnick visiting the private island of convicted sex offender Jeffrey Epstein. He told reporters that he had not discussed the matter with Lutnick and added that he himself had...
banking
david solomon
donald trump
epstein-related documents
executive resignations
financial services
goldman sachs
government investigations
howard lutnick
jeffrey epstein
kathy ruemmler
legal affairs
new delhi
private island
u.s. justice department
New Delhi, February 13 AU Small Finance Bank, the first SFB in over a decade to receive in-principle approval from the Reserve Bank of India (RBI) to transition into a universal bank, announced on Friday RBI's approval for the reappointment of Sanjay Agarwal as its Managing Director & Chief...
april 19, 2026
au financiers
au small finance bank
bank reappointment
banking
chief executive officer
corporate governance
financial institution
india
managing director
rbi approval
reserve bank of india
sanjay agarwal
sfb
universal bank
Mumbai, February 13 The RBI on Friday proposed revised guidelines for the Lead Bank Scheme (LBS) to streamline operational aspects and further enhance the effectiveness of the programme, which was introduced in 1969 to coordinate development activities at the district level.The LBS aims to...
bankingbanking guidelines
banking operations
commercial banks
credit deposit ratio
credit planning
development agencies
district level development
financial inclusion
financial sector
india
lead bank scheme
priority sectors
rbi
state level bankers committee
New Delhi, February 11 A joint forum of central trade unions has called for a nationwide strike on Thursday to protest against the government's "anti-worker" policies, which may partially affect services such as banking, insurance, and transport.According to trade unions, an estimated 30 crore...
agricultural workers
all india trade union congress (aituc)
banking
electricity sector
foreign direct investment (fdi)
industrial action
insurance
labor codes
labor negotiation
mgnrega
national strike
power sector
samyukt kisan morcha
trade union co-ordination centre (tucc)
trade unions
transport
vikshit bharat - guarantee for rozgar and ajeevika mission (gramin) act, 2025
Bhubaneswar, February 9 Odisha's finance department principal secretary, Sanjeeb Kumar Mishra, on Monday urged bankers to make efforts to increase financial literacy among poor and rural people to protect them from financial fraudsters.Mishra made the remarks while speaking at an event...
Mumbai, February 9 Reserve Bank Governor Sanjay Malhotra launched the 11th edition of Financial Literacy Week (FLW) 2026 on Monday, with the theme "KYC – Your First Step to Safe Banking."The Reserve Bank of India (RBI) has been conducting FLW every year since 2016 to promote financial...