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MFIs foray into MSME, Gold Loans as RBI eases portfolio restrictions

New Delhi, Nov. 15 -- Microfinance institutions (MFIs) are expanding into MSME lending, loans against property, vehicle finance and gold loans as they diversify beyond traditional group lending, nearl... Read More


One-time stake sale gain lifts SBI Q2 profit 14% to Rs.23,038 crore

New Delhi, Nov. 3 -- State Bank of India reported a 14 per cent year-on-year increase in net profit at Rs.23,038 crore for the quarter ended September 30, 2026, aided by gains from the sale of its sta... Read More


bl interview. 50 bps repo hike may moderate consumption credit: CS Setty

New Delhi, Nov. 3 -- Despite reporting credit growth that is running ahead of its full-year guidance, CS Setty, Chairman, State Bank of India (SBI) has retained its loan and deposit growth targets for... Read More


Rate hikes unlikely to push bond yields much higher: businessline poll

New Delhi, Nov. 1 -- India's benchmark 10-year government bond yield is unlikely to rise significantly from current levels even if the Reserve Bank of India raises the repo rate by another 50 basis po... Read More


Reliance Foundation launches homes for senior citizens, children and differently abled

New Delhi, Nov. 1 -- Reliance Foundation launched homes for senior citizens, children without parental care and differently abled persons in a 100 acre plot at Karjat, Maharashtra, on November 1, 2026... Read More


AU SFB probes potential vehicle loan data leak; says core systems unaffected

New Delhi, Oct. 30 -- AU Small Finance Bank (AUSFB )'s vehicle loan data systems were breached on October 30 2026. Salesforce managed the platform. "AU Small Finance Bank is investigating a potential... Read More


SEBI Chair bats for speed amid criticism of separation of powers

New Delhi, Oct. 28 -- SEBI Chairperson Tuhin Kanta Pandey underlined the need for speed in preserving market accountability amid criticisms of concentration of power with the market regulator against ... Read More


PNB Housing Finance net profit up 6 per cent; considering a hike in lending rates

New Delhi, Oct. 28 -- PNB Housing Finance's net profit increased 6 per cent to Rs.617 crore as net interest income (NII) and fee incomes improved in the quarter ended September 2027 as against Rs.582 ... Read More


Central Bank of India resumes RTGS services; no customer impact due to tech glitch

New Delhi, Oct. 26 -- Central Bank of India (CBI) resumed RTGS transactions and clarified that no customer account was impacted by a technical issue that occurred in the RTGS server, in a statement on... Read More


Kotak Mahindra Bank, IDFC First PAT rise; Marginal dip in NIM on FCNR (B) inflows

New Delhi, Oct. 24 -- Kotak Mahindra Bank's (KMB) reported a net profit growth of 29.5 per cent to Rs.4212 crore on higher other incomes in the quarter ended September 30 2026 as against Rs.3253 crore... Read More