RBI launches WhatsApp channel to share updates – Here’s how you can join
The Reserve Bank of India recently launched an official WhatsApp channel to disseminate financial information with greater ease. The move is intended to share important banking updates and financial news in a simplified manner — managing to reach people in remote areas. People across the country can join the channel by scanning a QR code shared by the central bank.

OIS rates fall significantly on expectations of deeper rate cuts by RBI
 

SBI, Bank of India slash FD rates after RBI repo cut
State Bank of India (SBI) and Bank of India have reduced interest rates on select fixed deposits following the Reserve Bank of India’s (RBI) decision last week to lower the repo rate by 25 basis points.

Federal Bank appoints Virat Sunil Diwanji as national head - Consumer Banking
Mumbai: Federal Bank is pleased to announce the appointment of Virat Sunil Diwanji as the National Head - Consumer Banking and a Senior Management Personnel of the Bank, effective April 10, 2025.

Banker's Trust: An 8-minute video and a general manager's promotion
March marks the end of a financial year. For employees of listed banks, this is a tough month since both the regulator and the investors keep a hawk’s eye on their balance sheets — how loan assets have grown and, in the current context, how the deposit portfolio has behaved. Of course, profits, asset quality, and other business parameters including net interest margin and fee income among others are also under scrutiny.

Indian PSU banks post market cap declines in January-March quarter
Indian Overseas Bank posted a 24.7 per cent quarter-over-quarter fall in its market cap to ₹736.63 billion. Central Bank of India shed 19.8 per cent, S&P Global Market Intelligence data showed. HDFC Bank retained its position as the biggest Indian bank, growing its market cap by 3.2 per cent quarter-over-quarter to ₹13.989 trillion. Market capitalisation or market cap is the total value of a company's stock, derived at by multiplying the stock price by the number of its outstanding shares.

ICRA predicts banks will outperform NBFCs in gold loans due to RBI’s stricter guidelines on gold collateral lending
Mumbai: Banks will retain their competitiveness in gold loans in higher ticket loans vis-à-vis non-banking finance companies (NBFCs), per ICRA’s assessment of the RBI’s draft Directions on Lending Against Gold Collateral.

Here’s how EMIs can be less burden for you
The Reserve Bank of India has cut the interest rate for the second consecutive time by a fourth of a percentage point, taking the applicable rate to 6%.

Earnings preview: NBFCs to see modest growth in Q4, say analysts
Non-banking finance companies (NBFCs) are likely to see modest single-digit growth in their Q4FY25 net profit, driven by stable margins and growth in assets under management (AUM), analysts say. NBFCs’ commentary on growth visibility, asset quality trends, and the impact of potential rate cuts on margins will remain key monitorables this quarter. “We estimate 13 per cent/15 per cent year-on-year (y-o-y) growth in net interest income and operating profit in Q4FY25 for our NBFC coverage universe, although PAT is expected to remain flat y-o-y. Excluding NBFC-MFIs (microfinance institutions), we expect 5 per cent y-o-y growth in PAT for our coverage universe,” said brokerage Motilal Oswal.

Karnataka’s moment of microfinance crisis
In January this year, Sharana Basava of Kapagal village, in Manvi taluk of Raichur district in north Karnataka, left home saying he was meeting up with some acquaintances. A construction worker who also drove a rented auto to make ends meet, he, however, did not return home that day. His shocked family soon found out that he had died by suicide. The 35-year-old is survived by his aged parents, wife Parvati and three young children.

UPI payments down for third time in three weeks
The Unified Payments Interface (UPI) experienced disruptions for the third time in as many weeks, with numerous customers reporting payment failures across platforms like PhonePe, Google Pay, and Paytm.

Aurionpro acquires Fintra Software to expand transaction banking capabilities
Aurionpro Solutions, a technology firm focused on the financial services sector, has announced the acquisition of Fintra Software Private Limited, a move aimed at deepening its presence in the transaction banking space. The deal includes a full acquisition of Fintra, along with its technology assets and workforce.

Stock Market Holiday: NSE, BSE closed for 2 days this week. Here’s what you need to know
With back-to-back holidays lined up, the Indian stock market will be open for just three days next week, and that’s bound to keep traders and investors on their toes.

Trump 'yields' to bond market sell-off threat?
 

HDFC Mutual Fund’s new campaign finds value in everyday choices
Mumbai: In a world where advertising often tries to go big—big causes, big celebrities, big messages—HDFC Mutual Fund’s latest film Hum Sab Investors Hain chooses a quieter route. Created by Publicis India, the ad is part of the long-running Zindagi Ke Liye SIP campaign and is aimed at first-time or hesitant investors. But it doesn't look or feel like a finance ad. And that's precisely the point.

Fund Pick: Edelweiss Aggressive Hybrid stays ahead of hybrid peers
Edelweiss Aggressive Hybrid Fund, launched in August 2009, ranked in the top 30th percentile of the aggressive hybrid fund category in the Crisil Mutual Fund Ranking (CMFR) for three consecutive quarters through December 2024. The fund’s month-end assets under management rose from ₹143 crore in December 2021 to ₹2,363 crore in December 2024, growing at an annualised pace of 155 per cent, compared with the category average of 15 per cent.

Investors should reset return expectations: ICICI Pru AMC's Anand Shah
 

After the glitter, a retreat: Gold ETFs log first pullback in 11 months
 

Choosing an active large-midcap fund
After several rounds of tariffs and counter tariffs, India’s Nifty-50 has corrected by 14 per cent starting from peak in Sep-24 to April 9, 2025. With a recently announced pause in tariffs, the markets recovered 2 per cent on Friday. The short-term outlook will be still clouded by uncertainty about global trade, inflation and growth after the 90-day pause.

FPIs withdraw ₹31,575 crore from equities so far this month on US tariff jitters
New Delhi: Foreign investors have pulled out ₹31,575 crore from the country's equity markets so far this month, in the wake of turbulence emanating from sweeping tariffs imposed by the US on most nations, including India.

Private equity investment in Indian real estate rises 35% to USD 748 million in Q1-2025: Savills report