RBI imposes ₹2.7 lakh penalty on Manappuram Finance for KMP pay breach
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹2.70 lakh on Manappuram Finance for non-compliance with its guidelines on compensation of key managerial personnel (KMP), wherein the lender paid the entire variable pay upfront to certain KMPs without deferring a portion of the compensation, as required under the guidelines.

RBI seeks Middle East exposure data from banks
The Reserve Bank of India (RBI) has asked banks to furnish detailed information on their exposure to the Middle East, said bankers.

RBI likely selling dollars to cushion rupee as oil worries linger, traders say
RBI was likely ‌selling dollars on ​Friday, three ⁠traders told Reuters, as the rupee remains ‌under strain due to ‌worries over ‌how ⁠elevated oil prices ⁠may impact the growth-inflation dynamics for the South ​Asian economy.

Rs 1 lakh crore fund to shield economy from external shocks: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Friday said the government will stick to its FY26 fiscal deficit target of 4.4% GDP while creating a Rs 1 lakh crore Economic Stabilisation Fund to help the country respond to unexpected global shocks.

IDFC First Bank ‘fraud’ case: ED freezes 90 bank accounts after searches in five cities
The Enforcement Directorate (ED) on Friday said it has frozen 90 bank accounts following recent searches in the IDFC First Bank-linked money laundering case where Rs 590 crore of Haryana government funds are alleged to have been siphoned off.

SBI share price hits four-week low as selling intensifies; m-cap slips below ₹10 lakh crore
Keeping its losing streak for the third straight session on Friday, March 13, State Bank of India (SBI), the country’s largest bank, dropped another 3% to the day's low of ₹1,052.60 apiece as investor concerns grew that rising bond yields could put pressure on banks’ treasury portfolios, given that state-owned banks maintain large holdings of government securities.

Banks’ log robust growth in deposits and advances in Feb-end fortnight
Banks have logged a robust growth in deposits and advances in the fortnight ended February 28, 2026, reversing the declining trend of the preceding fortnight.

IDBI Bank stake sale may be scrapped by government after low bids: Report
Govt scraps IDBI Bank strategic sale
The Financial Express

PSU banks may underperform in near term amid Iran war and macro risks

The ongoing conflict in West Asia has already led to several macroeconomic challenges. 

Canara Bank raises long-tenor MCLR; some borrowers may face higher EMIs
 

Fexo launches AI decisioning for business loans
 

Oil spike may hurt India less this time: DBS
India may be better placed to absorb a surge in global crude oil prices than in previous cycles, thanks to stronger macroeconomic buffers and more diversified crude sourcing, according to DBS Bank.

Indians buying property in Dubai: Foreign exchange, loan rules explained
 

Oman India Joint Investment Fund marks first close of $100 million for its third fund
Oman India Joint Investment Fund (OIJIF), backed by the Oman Investment Authority and State Bank of India, has secured a $100 million first close for its third private equity fund, two people with direct knowledge of the matter said.

Fitch Ratings increases India's GDP growth estimate for FY26 to 7.5%
 

Credit growth rises to 14.5% in Feb 28 fortnight; deposits expand 12%
 

Micro lenders turn to secured loans to negate asset quality pressures
 

UPI vs the Rs 40 lakh crore wall: Why cash is still winning
Be honest, how much cash do you have in your wallet right now? For many, it’s probably just a few Rs 10 or Rs 20 notes. With the rise of the Unified Payments Interface (UPI), paying for everything, from a chai outside the office to splitting a restaurant bill, can now be done in seconds with a few taps. Yet, cash hasn’t faded away. According to a report by SBI Research, currency in circulation in India hit an all-time high of nearly Rs 40 lakh crore in January 2026, up 11.1% from a year ago. 

Tighter funding rules for banks from April may end broker practice of prop book trades for clients
The central bank’s new rules restricting funding to proprietary or prop traders from 1 April could stop the practice among some brokers who carry out trades on behalf of clients on their books in return for a fee, often skirting margin rules.

NSE IPO opens door for thousands of shareholders to sell stock
Thousands of shareholders of the National Stock Exchange of India Ltd. may soon get a chance to sell stock as part of the bourse’s planned initial public offering, in line with regulatory requirements, according to people familiar with the matter.

Nandish Shah of Motilal Oswal positive on PSU banking stocks, recommends SBI, PNB, Indian Bank
Even as the recent sharp selloff in the Indian stock market has dragged all major indices significantly lower, the banking sector has been among the top laggards this month so far.

Crypto rebounds: Bitcoin nears $72k, Ethereum $2,200; altcoins follow suit
 

‘FPI inflows affected by currency depreciation and low returns’: Satish Ramanathan
Satish Ramanathan, CIO-equity, JM Financial Mutual Fund believes that the current market situation is very fluid. This is because the impact of war in West Asia is still not completely known, thereby increasing the uncertainty in the markets. 

How are ETFs gaining an edge over mutual munds?
New Delhi:  Exchange-Traded Funds (ETFs) have rapidly gained popularity among modern investors. While mutual funds have long been considered a traditional investment option, ETFs are increasingly becoming the preferred choice for many individuals and institutions.

SIF assets near ₹10,000 crore as more mutual funds launch new products
 

Over ₹57,000 crore of mutual fund money in flux after Sebi axes solution-oriented schemes; investors left in the lurch
“We are not suggesting a life cycle fund. We never even recommended a solution-oriented scheme as it was a replication of open-ended schemes and offered little value. We may not recommend a life cycle fund for similar reasons and that better alternatives are present in the market,” Bedse said.

Sebi issues guidelines for mutual funds on intraday borrowing from banks
 

India Shelter Finance Corporation allots 42,700 equity shares under ESOP
India Shelter Finance Corporation has allotted 42,700 equity shares under ESOP on 13 March 2026. The paid-up share capital of the Company has accordingly increased from Rs. 54,35,78,745 consisting of 10,87,15,749 equity shares having a face value of Rs. 5/- each to Rs. 54,37,92,245 consisting of 10,87,58,449 equity shares having a face value of Rs. 5/- each.