Indian Bank Q4 FY26 profit rises 5% to Rs 3,103 crore, NII up 11%
State-owned Indian Bank posted 4.97 per cent year-on-year (YoY) growth in net profit to ₹3,103 crore in the January–March quarter of FY26 (Q4 FY26), up from ₹2,956 crore in Q4 FY25, due to a rise in provisions and lower non-interest income.

RBI allows banks to implement suo motu loan resolution in calamities
The Reserve Bank of India (RBI) has said banks can suo motu implement resolution for borrowers affected by natural calamities on the recommendation of the State Level Bankers’ Committee (SLBC) or any other competent authority.

RBI caps unsecured lending, tightens housing loan norms for UCBs
 

PhonePe reaches 700 million users milestone amid strong fintech growth
 

Rupee hits record closing low at 94.85 as crude surge pressures currency
The rupee depreciated by 0.32 per cent on Wednesday to settle at a fresh closing low of 94.85 per dollar, tracking the rise in crude oil prices, and amid consistent foreign outflows. 

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