Reserve Bank of India said to urge lenders to cut retail service charges
There are no mandated thresholds on bank surcharges. Processing fees for retail and small business loans typically range from 0.5% to 2.5%, with some banks capping home loan charges at Rs 25,000, according to data compiled by BankBazaar, an online financial marketplace.
Trump tariffs and FII outflows keeping Rupee weak despite dollar's sharp decline this year
The Indian rupee has depreciated around 3 percent in FY26 so far, but experts believe it is not yet a concern for India amid strong external position underpinned by record forex reserves and ample tools with the Reserve Bank of India to stabilise currency.
RBI unlikely to rush into rate cuts despite US Federal Reserve easing, say experts
The RBI is likely to focus on domestic cues such as inflation and growth numbers before taking a decision. The next policy review is due October 1
Rupee opens 9 paise weaker at 88.22/USD as dollar strengthens
The dollar index, which measures the greenback's against a basket of six major currencies, rose to 97.341 in the early trade from 97.348.
Godrej Finance partners with Muthoot FinCorp to enhance credit access for MSMEs
The co-lending partnership will offer loan against property ranging from Rs 10 lakh to Rs 75 lakh, with an average ticket size of Rs 15 lakh, release added.
NaBFID is a success story by combining the right timing, institutional maturity, and strategic clarity, says MD Rajkiran Rai
Our cumulative sanctions to date have crossed Rs 2.5 lakh crore. We’re projecting this to increase to around Rs 3.2 lakh crore by March 2026. These are projects that have already been appraised and committed to, but disbursement happens progressively, especially in infrastructure, Rai said.
Asset monetisation plan needs to be accelerated, says SEBI Chairman
Pandey said that relying solely on the banks and government budgets for infrastructure financing exposes the concentration risk.
Micro-covers turning 'push' insurance into 'pull' products, says Universal Sompo CEO
Regulators are also examining structural reforms such as monoline alongside composite licenses, which could reshape the way insurers operate in India, Mathur says
NBFCs set for bigger role, some could become banks in 5 years, says BCG's Saurabh Tripathi
India's banking sector on cusp of transformation amid growing interest from the Japanese and Middle East financial services and private equities, the BCG's global leader, financial institutions, tells Monyecontrol
Indian bond yield rises 2 bps on US treasury uptick after Fed rate cut
The US Federal Reserve has cut its benchmark interest rate by 25 basis points to 4-4.25% while hinting at two more cuts this year
Rupee opens 16 paise down at 87.97 as dollar index surges
The dollar index, which measures the greenback's against a basket of six major currencies, rose to 97.009 in the early trade from 96.873 after the Fed Reserve's 25 basis point rate cut
RBI sets up independent advisory group for industry feedback on regulation
The mandate of the Regulatory Review Cell is to ensure that all the regulations issued by the Bank are subject to a comprehensive and systematic internal review every 5 to 7 years, RBI release said.
NBFCs see festive credit growth in top gear, riding on auto loans after GST cuts
Analysts estimate the GST cuts to spur a strong demand for vehicles during Navratri - between September 22 and October 2 - and benefit automakers as well as financiers.
Abundant rainfall to improve agricultural output, keeping food inflation in check: S&P Global
The proposed goods and services tax rationalisation could help bring down inflation and support private consumption, said the report
Bandhan Bank, Federal Bank together sell Yes Bank shares worth Rs 688 crore to SMBC
In exchange filings released in the post market hours of September 17, the two private lenders announced that they sold the shares of Yes Bank at a consideration of Rs 21.50 apiece.
Reserve Bank sets up committee for periodic review of regulations
The Reserve Bank of India has decided to strengthen the institutional mechanism for review of regulations and has constituted a Regulatory Review Cell (RRC).
SBI shares gain 3% as PSU lender completes 13.18% Yes Bank stake sale for Rs 8,889 cr to SMBC
SBI share price: SBI shares were trading at around Rs 843 apiece, extending gains for the third consecutive session.
Mobikwik swindled by merchants and users in Haryana for 'unauthorized settlements' worth Rs 40 crore
The management said it is 'actively recovering' the unauthorized settled amounts from the affected customers. The incident took place between September 11-12, 2025.
Why investors are holding on to banks despite earnings pressure
Banking shares don’t seem to be fully reflecting the challenges of lenders this year.
Rupee has it best start in 2 weeks, up 23 paise as India, US talk trade
The currency opened at 87.82 against the dollar, 23 paise up from the previous close
Cholamandalam to scale back fintech, supply-chain financing
The move will curb the AUM growth to 20-23% this fiscal from the previously projected 25-30%, president and CFO Arul Selvan has said
FPI investment in G-sec topped Rs 3 lakh crore: Here are the factors
According to the Clearing Corporation of India’s (CCIL) data, FPI investment in G-sec under FAR route increased to Rs 3.01 lakh crore in this week, as compared to Rs 2.99 lakh crore last week.
KPI Green Energy raises Rs 670 cr via 5-year externally credit-enhanced green bonds
The company is eyeing dollar bond issuances after 2027
Rupee opens 17 paise up at 88.05 as dollar index eases ahead of Fed meeting
The dollar index eased further as the US Federal Reserve begins two-day policy meeting with expectations of a larger-than-expected rate cut
