Public sector banks are losing ground to private and foreign lenders in premium credit cards and banking for global capability centres, according to a finance ministry-organised conclave. The meeting noted PSBs' shrinking…
India's cyber crime agency, the Indian Cyber Crime Coordination Centre (I4C), has directed Google to remove at least 57 websites and databases hosted on its Firebase platform in August alone, according to…
Non-Resident Indians can open and maintain FCNR(B) deposit accounts jointly with eligible resident relatives, but only on a 'Former or Survivor' basis, with the NRI as the first holder. State Bank of…
State Bank of India has revised cash withdrawal charges for Basic Savings Bank Deposit (BSBD) accounts opened through branch channel, effective 1 October 2026. Customers will get four free cash withdrawals per…
A SBI Research report forecasts that India's retail inflation may briefly cross 6% in October and November before easing to around 5% in the fourth quarter of FY27. The report expects August…
State-owned Life Insurance Corporation of India (LIC) reported a net profit of Rs 23,420 crore for the January-March quarter of FY26, the highest among Indian financial companies. The insurer's profit rose 23%…
Communications professional Manoj Singh Negi uses six credit cards, each for a different purpose, Axis Bank for cashback on Flipkart and Swiggy, SBI for SBI-specific offers, HDFC and RBL for movie benefits.…
Bank credit growth crossed 17% for the fortnight ending July 15, 2026, the highest in two years, driven by lower lending rates, supportive tax policies and better systemic liquidity. The uptick is…
Business Today reports that the Reserve Bank of India's decision to close the FCNR(B) deposit swap window earlier than expected has left banks scrambling and renewed concerns about policy communication. Markets reacted…
Two women have been arrested in southwest Delhi for allegedly cheating a 67-year-old man of Rs 1.30 lakh after befriending him through a dating app. The accused, Jyotsna (26) and Manshi (21),…
