Finance Ministry, RBI to announce H1 borrowing calendar
The finance ministry and the Reserve Bank of India officials will meet on Wednesday to decide on the borrowing plan for the first half of 2025-26, sources said.

RBI issues revised priority sector lending norms effective April 1
RBI issues revised priority sector lending guidelines

Aadhar linked single bank account holders to get Maiyan funds
 

RBI's revised PSL norms: HDFC Bank, Federal Bank, IndusInd Bank to benefit
 

IndusInd Bank gets Rs 30.15 crore GST notice over alleged tax shortfall
IndusInd Bank has received a penalty order amounting to Rs 30.15 crore from the Joint Commissioner of CGST and Central Excise, Thane Commissionerate, over alleged Goods and Services Tax (GST) compliance issues. The bank has disclosed the development in a regulatory filing dated March 24, 2025.

IOB to challenge ₹558.96 cr income tax demand
In a filing to the stock exchanges, the bank stated that it intends to challenge the order before the appropriate forum, contesting the disallowances and additions made by the tax authorities. It is currently in the process of filing an appeal within the prescribed timelines.

SBI Vs Indian Bank Vs HDFC Bank Special FDs: Last chance to book up to 8.05% interest rate FD plans!
If you want to earn higher returns on fixed deposits (FDs), this could be a golden opportunity for you. Many big banks are offering special fixed deposit schemes these days, in which they are offering attractive interest up to 8.05%. These special FD schemes available for a limited period offer higher returns than traditional FDs, giving investors a great opportunity to grow their savings.

These 8 banking stocks can give more than 25% returns in 1 year, according to analysts
How many large private sector banks gave returns in the last four years? And how much? Probably none of them, and certainly not much. Yes, that was the scenario, whether it was HDFC Bank, Kotak Mahindra Bank, or Axis Bank.

HDFC Bank hits highest level in CY25, nears record high; up 9% in 2 weeks
 

Groww to raise $250mn led by GIC at $6.8bn valuation

Bengaluru: Investment platform Groww is in the process of raising a pre-IPO funding of about $250 million, from a bunch of investors led by Singapore’s sovereign wealth fund GIC, at a valuation of $6.8 billion, said sources familiar with the matter.
 

Payments council of India seeks merchant discount rate for RuPay cards, UPI payment
Mumbai : The Payments Council of India (PCI), an industry body representing 180 members, has proposed the introduction of a Merchant Discount Rate (MDR) for RuPay debit cards for all merchants and reasonable MDR of 0.3 per cent for Unified Payments Interface (UPI) only for large merchants.

RBI, NPCI approve Rs 2 hike in ATM interchange fee from May 1, 2025
 

Bain Capital’s proposed stake buyout in Manappuram Finance will have positive effect on NBFC’s governance: S&P, Fitch
 

Muthoot FinCorp wins super brand 2025 title, strengthening its legacy of trust
Trivandrum (Kerala): Muthoot FinCorp Ltd. (MFL), the flagship company of the 138-year-old Muthoot Pappachan Group also known as Muthoot Blue, has been honored with the prestigious Superbrand 2025 title. This highly sought-after award, considered as the 'Gold Standard of Branding,' is given to brands that have shown outstanding consumer trust, goodwill, and leadership in their respective industries.

Revised PSL guidelines put gold-loan NBFCs in a fix
The Reserve Bank of India’s (RBI) decision to exclude gold loans that are originated by non-banking financial companies (NBFCs) and acquired by banks from being classified as priority sector lending is expected to dent the growth of gold loan companies and increase their cost of funds.

Lender SMFG raises $175 mn through ECB facility on a fully hedged basis
The facility was jointly arranged by Standard Chartered Bank and CTBC Bank. SMICC, which was formerly known as Fullerton India Credit, has fully hedged the facility to mitigate risks associated with foreign exchange and interest rate fluctuations.

Understanding the significance of fixed deposit receipts
Mumbai (Maharashtra): Fixed Deposit Receipts (FDRs) have emerged as a cornerstone for reliable investment strategies. These are official documents issued by banks or financial institutions when customers open fixed deposit accounts. The FDR contains essential details such as the principal amount deposited, the interest rate applicable, the tenure of the deposit, and the maturity date. This document serves as legal proof of ownership and is crucial for various transactions related to the deposit.

Bajaj Finserv hits over 5-month high; stock surges 25% so far in CY25
 

BharatPe losses shrink in April-December, hits Ebitda breakeven
Fintech unicorn BharatPe has sharply reduced its losses to Rs 148.8 crore in the first nine months of the current financial year, according to a report by India Ratings and Research. The company had reported losses of Rs 491.9 crore in FY24 and Rs 926.9 crore in the year before. 

Fintech firm Findi raises 243 crore
 

Fintech major Paytm asks merchants to snap ties with third-party platforms
 

BHIM will continue to be sandbox or reference app: CEO Lalitha Nataraj
 

Fintech NBFCs sanctioned 83 mn loans in first 3 quarters of FY25
 

BHIM 3.0 launched with enhanced digital payment features
National Payments Corporation of India (NPCI) has unveiled BHIM 3.0, an upgraded digital payment platform designed to improve user experience and financial inclusivity. Launched today in Mumbai by Vivek Deep, Executive Director of the Reserve Bank of India, the new version introduces multiple features targeting individual users and merchants. The updated app now supports over 15 Indian languages and is optimised for low-internet areas, addressing accessibility challenges. Key user-centric features include expense splitting, a family mode for shared financial tracking, and a spends analytics dashboard that automatically categorizes expenses.

Trump’s World Liberty Financial crypto venture to launch stablecoin
Donald Trump’s World Liberty Financial crypto venture will launch a dollar-pegged stablecoin, it said in a statement on Tuesday, after raising more than half a billion dollars from selling a separate digital token.