CPI base revision has limited impact, RBI likely to hold rates in coming quarters: UBI Report
 

'Mitsubishi to power Shriram Finance's growth'

RBI may further cut repo rate by 25 bps to 5% in February policy meet: UBI report
Mumbai: The Reserve Bank of India (RBI) may reduce the repo rate by 25 basis points (bps) in its February monetary policy meeting, taking the benchmark rate down to 5 per cent, according to a report by Union Bank of India. The report highlighted that there is scope for a final 25 bps rate cut either in February or April 2026, given the central bank's dovish policy guidance. It noted that the RBI has made multiple references to benign inflation conditions and subdued underlying price pressures.

Yubi secures Rs 75 crore from founder Gaurav Kumar

Govt consolidation blueprint—UBI-BoI merger to create mega bank; Punjab & Sind Bank, BoM privatization on radar
The government is drawing up a fresh blueprint to merge select public sector banks, said three people aware of the matter, as it aims to scale up such lenders and streamline overlapping operations under banking sector reforms planned over the next few years.

Mitsubishi UFG Financial Group sets sights on 20% in Shriram Finance for $2.6 bn; potentially largest FDI in Indian NBFC sector

IndusInd Bank's Chief Human Resources Officer Zubin Mody resigns

US Fed rate cut in September hinges on labour market and inflation: UBI Report
Source Credit: ANI, The Tribune

Private banks increased market share in total deposits while PSBs loses 600 bps over 5 years: UBI Report
Source Credit: ANI, The Tribune

India's Q4 FY25 GDP growth likely to accelerate to 7.0%: UBI report

RBI MPC minutes reflect clear dovish tone, growth taking center stage in policy approach now: UBI Report
 

India faces limited impact from US trade policies, but risks remain: UBI Report
The RBI and government have taken proactive steps to navigate these uncertainties, ensuring India's economic momentum despite external challenges. However, much will depend on how trade negotiations between India and the US unfold in the coming months.

As part of SBI’s platinum jubilee celebrations, FM inaugurates 70 branches & 501 Women CSPs
Mumbai: State Bank of India (SBI), the nation’s largest bank, marked the beginning of its platinum jubilee celebrations, commemorating 70 years of its foundation on July 1, 1955. As part of the celebrations, Finance Minister Nirmala Sitharaman, inaugurated 70 branches and 501 Women Customer Service Points (CSPs), reinforcing the bank’s commitment to effectively serving the underserved population. The inauguration took place in the presence of DFS Secretary, M Nagaraju, and CS Setty, Chairman, State Bank of India. During her visit, the Finance Minister also addressed a special Board Meeting of the bank.

Banking Liquidity will come into a strong surplus by March end: UBI report

India's economy set for Q4FY25 boost with increased govt. spending and capex: UBI report

HDFC Bank restarts talks with Mitsubishi UFJ for HDB Financial stake sale ahead of IPO: Report

HDFC Bank has resumed discussions with the Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) for a sizeable stake sale in its subsidiary HDB Financial ahead of its initial public offering (IPO), Moneycontrol reported on Monday, December 16, citing people aware of the development.

India's fiscal deficit on track, but spending challenges persist: UBI report

Roubini backs popular bond bet against Trump-fuelled price shock

Yubi Group sets 40-50 per cent growth target in next 3 years, Gaurav Kumar, founder and CEO, Yubi Group
Yubi Group, backed by Peak XV and Lightspeed Ventures, reported a nearly 50% year-on-year increase in revenue, reaching Rs 490 crore in FY24. In an interview with Narayanan V, Gaurav Kumar, founder and CEO of the Chennai-based fintech unicorn, shares insights into the key growth drivers, the business outlook for the current fiscal year, and plans for a potential IPO.

CPI inflation is likely to breach 6% in October: UBI report

Sebi strikes finfluencers: Can Sebi diktat protect investors from dubious investment advices on YouTube, Instagram, WhatsApp?: CEO, Value Research

Mitsubishi UFJ's talks for stake in HDFC Bank said to hit snag

Track dubious transactions, RBI tells payments cos

Gandhinagar: Sumitomo Mitsubishi Banking Corp gets nod to open branch in GIFT City

Credit platform Yubi announces partnership with Axis Bank, Muthoot Microfin

This partnership’s goal is to improve living standards and create livelihood opportunities for underserved communities at an affordable cost and on a large scale, said Yubi in a statement.

UBI targets 80% recovery by selling over Rs 1,000 cr NPAs

Yubi partners with Indian Bank to provide digital supply chain financing for SMEs

Yubi acquires Bengaluru-based credit analytics firm FinFort