RBI holds 621st central board meeting in presence of FM Sitharaman
The Reserve Bank of India (RBI) held its 621st meeting of Central Board of Directors today at New Delhi, under the Chairmanship of Sanjay Malhotra, Governor. Union Finance Minister Nirmala Sitharaman also attended the meeting.

RBI, money creation, and govt finances: Why non-bank debt will matter ahead
Alongside helping navigate monetary policy, liquidity, and currency and bond markets, record open market operation (OMO) bond purchases and dividend transfers of the Reserve Bank of India (RBI) have helped the government’s fiscal arithmetic, while keeping yields low. Moderate inflation has made all this possible, though with implications for the external balance. What happens when the cycle turns?

RBI monitoring IDFC First Bank fraud, sees no systemic risk: Sanjay Malhotra
RBI Governor on IDFC First Bank: Reassures investors, says ‘no systemic issue’ around Rs 590 crore fraud
The Financial Express

Mis-selling of financial products an offence under BNS, says FM Sitharaman
 

RBI not looking to revisit lending rules for proprietary traders: Guv
 

New CPI series unlikely to reset inflation target: RBI Guv Sanjay Malhotra
 

IOB Officers call for strike on March 2 demanding work-life balance and right to disconnect
The Indian Overseas Bank Officers’ Association (IOBOA), comprising around 13,000 member Officers of the public sector bank, has called for an all-India strike on March 2 alleging poor working culture, lack of work life balance, and other issues faced by the employees.

IDFC First Bank says ‘well capitalised, profitability on track’, share price crashes nearly 20%
The IDFC First Bank share price is in the spotlight today, February 23, after the bank disclosed a suspected fraud of around Rs 590 crore at one of its branches in Chandigarh. The share price plunged 10% in opening trade.

Axis Bank up 2%; nears record high; what's driving private sector lender?
Share price of Axis Bank was up 2.2 per cent to ₹1,398.2 on the BSE in Monday’s intra-day trade amid heavy volumes. The stock of private sector lender is quoting close to its all-time high level of ₹ 1,418.3 touched on February 3, 2026.

Axis Bank denies bidding for CreditAccess Grameen
Private sector lender Axis Bank has denied bidding to acquire micro-finance firm CreditAccess Grameen, according to an exchange notice.

PSU banks extends rally, gain up to 4%; SBI, BoB, Indian Bank hit new highs
 

IDFC First Bank fraud puts spotlight back on governance gaps in pvt banks
 

AU SFB tanks 7%; de-empanelment may trigger trust deficit, say analysts
 

France may lose its sheen as P-notes base for India-bound FPIs
Portfolio investors in Indian capital markets based in France will lose their long-held tax advantage and will soon be required to pay capital gains tax in India. This follows the Central Board of Direct Taxes (CBDT) proposing an “amending protocol” on Monday for the Double Taxation Avoidance Convention (DTAC) between the two countries.

Missed a home loan EMI? Here's the credit and cost impact you should know
 

SBI Cards eyes steady earnings recovery
SBI Cards and Payment Services earnings could expand at a compound annual growth rate of around 27% over FY26 to FY28. Return on assets (RoA) is projected to improve to 4.3% by FY28, while return on equity (RoE) may rise to about 18.5%. That compares with 3.1% and 14.3%, respectively, in the first nine months of FY26—a clear sign that the worst of the credit cost cycle may be behind the company. Even so, the business is unlikely to reclaim its historical peak return profile. Between FY18 and FY20, SBI Cards delivered average RoA of 4.9% and RoE of about 30%—metrics that placed it among the most profitable retail lenders in the country. Slower structural growth in the cards market, alongside a shift in customer mix towards lower-yielding segments, makes a full reversion improbable.

The new-age AU Credit Card redefines everyday payments in India
Mumbai, Maharashtra, India – Business Wire India India’s digital payments landscape has expanded rapidly over the last few years, and credit cards have moved from being occasional-use instruments to becoming part of everyday financial behaviour. Consumers now rely on them not just for high-value purchases but for groceries, fuel, online shopping, entertainment, and recurring monthly payments. This shift has been supported by AU Small Finance Bank, which is making credit cards simpler, more accessible, and more rewarding for day-to-day use. AU Small Finance Bank (AU SFB) is the India’s largest Small Finance Bank and the first in over a decade to receive in principle approval to transition into a Universal Bank.

Credit card use is soaring—and so is the risk of debt traps: stay wary
India’s credit card boom is reshaping household finances—boosting spending power for some while pushing others toward costly debt traps.

Assets under management of managed funds to surge more than two-fold to Rs 455 trillion by 2030: Report
Mumbai: The assets under management of managed funds, or broadly what are called capital market instruments, are set to grow more than 2.1x to go past Rs 455 trillion by 2030 from Rs 212.1 trillion last fiscal, according to a report. Financialisation and investor participation are increasing following the structural shifts in investment decisions wherein savings are increasingly moving from traditional avenues such as fixed deposits to professionally managed, market-linked portfolios.

Banking sector earnings likely to rebound 17% in FY27-28E, private banks to lead growth: Report
 

Airtel to invest ₹20,000 crore in NBFC arm Airtel Money

Mumbai: Telecommunications service provider Bharti Airtel will invest ₹20,000 crore towards its Non-Banking Financial Company (NBFC), Airtel Money Ltd. While Airtel will contribute 70 per cent of the investment, the promoter group, via Bharti Enterprises Ltd, will contribute 30 per cent over the next few years.

Gold as financial power: Bajaj Finance launches festive Bajaj Finserv Gold Loan Carnival - ending soon
 

UPI is free, but how do payment apps like PhonePe, Paytm make money? Rs 15,000 crore answer
A recent Finance Ministry report mentioned that UPI has emerged as the most preferred mode of transaction and that it accounts for 57% of the payments. 

Paytm vs PhonePe: Bernstein compares scale, monetisation, profitability
 

Nithin Kamath flags hidden cost investors often miss while selling shares
Zerodha founder Nithin Kamath has always been vocal about the trading ecosystem. Now, he has drawn attention to a cost that many stock market investors overlook, which is the Depository Participant, or DP, charge that applies when selling shares.

MF industry AUM hits 32% of bank deposits
Mumbai: The assets under management (AUM) of the mutual fund industry has hit 32 per cent of the overall bank deposits in January on the back of relentless SIP campaign and banks themselves turning out to be one of the biggest distributors of MF products.

‘Gilt fund offers a strong tactical opportunity,’ Q&A with Vikas Garg, head- fixed income at Invesco Mutual Fund
Investors can take a tactical call on gilt funds due to attractive spreads, believes Vikas Garg, head- fixed income at Invesco Mutual Fund. He tells Christina Titus that the yield curve is expected to steepen further and 10-year benchmark yield to trade in the range of 6.60%–6.80%. Excerpts:

Aditya Birla Sun Life AMC launches BSE Top 10 Banks ETF
 

Why are private equity firms struggling to exit their China investments
 

Centre announces re-issue of 6.48% G-Sec 2035 for ₹32,000 crore
The Government of India has announced the sale (re-issue) of its Government Security 6.48 per cent GS 2035 through an auction scheduled for Friday, February 27. The date of maturity is set on October 6, 2035 and the Centre has the right to retain additional subscription of ₹2,000 crore. The sale of securities helps the Centre’s ongoing market borrowing to fund funding requirements, while ensuring liquidity in the bond markets. Up to 5 per cent of the notified amount will be allotted to select eligible investors. Bids for underwriting of the Additional Competitive Underwriting (ACU) portion can be submitted by ‘Primary Dealers’ from 09:00 a.m. up to 09:30 a.m.on February 27, 2026 (Friday) on the Reserve Bank of India Core Banking Solution (e-Kuber system). 
https://www.thehindubusinessline.com/markets/centre-announces-re-issue-of-648-g-sec-2035-for-32000-crore/article70667636.ece

RBI to auction Rs 44,500 crore State Government Securities on Feb 24; 16 states to participate
New Delhi [India]:  The Reserve Bank of India (RBI) will conduct an auction of State Government Securities (SGS) on February 24, aggregating Rs 44,550 crore, according to an official notification issued by the central bank.

Banks may invest ₹7 trillion in G-secs in FY27 amid rising deposit base