RBI Warns Against Unethical Lending Practices Amid Rising Competition
The Reserve Bank of India (RBI) has issued a stern warning about the growing trend of unethical practices in the banking sector. Deputy Governor J Swaminathan highlighted how intense competition…
Delhi LG Adds Banking, NBFCs, and Gas Supply as Public Utility Services
In a move that promises faster resolution for financial and service disputes, Delhi Lieutenant Governor V K Saxena has approved the inclusion of banking, non-banking financial companies (NBFCs), and gas…
IndusInd Bank Q1 Profit Plummets 72% Amid Rising Bad Loans
IndusInd Bank just reported a shocking 72% drop in net profit for the June quarter, falling to ₹604 crore from ₹2,171 crore a year earlier. The slump comes as the…
India’s Digital Payment Boom Hits 65,000 Crore Transactions
The digital payment landscape in India has seen explosive growth over the past six years. Transactions have crossed a staggering 65,000 crore, amounting to over Rs 12,000 lakh crore. This…
India and New Zealand Set September Date for Next FTA Talks
India and New Zealand are gearing up for the next round of negotiations for their proposed free trade agreement (FTA) this September. The announcement came from India’s Commerce Ministry on…
RBI and Central Government Slash PSB NPAs to 2.58%
The impressive drop in non-performing assets (NPAs) of India’s public sector banks (PSBs) didn’t happen overnight. According to economist Pankaj Jaiswal, this achievement is the result of a well-coordinated effort…
Bihar’s Dalit Communities Favor Mahagathbandhan, Survey Reveals
A first-of-its-kind survey conducted by Dalit activists offers a deep dive into the political and social sentiments of Bihar’s Dalit communities. The study, led by the National Confederation of Dalit…
India’s Financial Outlook Strengthens as Key Indicators Align
India’s economic outlook is beginning to show signs of renewed strength as a combination of favorable macro indicators, policy flexibility, and structural momentum converge. With inflation cooling, fiscal discipline holding,…
SBI Cuts Short-Term FD Rates as Market Eyes Monetary Policy Shift
The State Bank of India (SBI), the country’s largest public sector lender, has quietly adjusted its fixed deposit interest rates on select short-term tenures, signaling a possible shift in the…
Sensex Tanks 800 Points Amid Iran-US Conflict Fears
Indian markets tumbled sharply on Monday morning after US airstrikes targeted three Iranian nuclear sites, raising fresh alarms over the deepening Middle East crisis. The Sensex dropped more than 800…