Analysts have highlighted six Indian banking stocks with a potential upside of up to 26% over the next year. However, investors remain cautious due to ongoing foreign institutional outflows and global economic uncertainty.
Avendus Wealth Management has appointed industry veteran Umang Papneja as its new Executive Vice Chairman and CEO. Succeeding Apurva Sahijwani, Papneja brings over two decades of experience to oversee the firm’s $9 billion asset platform...
PhonePe introduced co-branded credit cards with HDFC Bank and SBI, alongside a 'Wishcard' for first-time borrowers, at the Global Fintech Fest 2026. This shift into lending aims to monetize its payment platform, but investors must monito...
Yes Bank has filed a petition in the Supreme Court against a Delhi High Court order that included the lender in a forensic audit of the Fortis Healthcare share sale. The bank maintains it was never involved in the original arbitration ca...
State Bank of India is aggressively expanding its wealth management arm, aiming for a Rs 2.4 lakh crore opportunity within its current client base. The bank is also entering the acquisition financing sector through a partnership with Jap...
The Committee of Creditors for Reliance Communications has requested the Enforcement Directorate to release ₹7,000 crore in attached real estate assets. This follows a Supreme Court ruling that excluded spectrum from the insolvency pool,...
Agastya Energy and Infrastructure has secured board approval to raise ₹566 crore through the issuance of equity shares and convertible warrants at ₹55.03 per unit. This capital infusion supports the company’s transition from chemical man...
OnEMI Technology Solutions, the parent of digital lender Kissht, will hold a board meeting on September 17 to discuss a fresh fundraising proposal. This move comes shortly after its May 2026 IPO as the company reports a 61% rise in its l...
Starting October 15, 2026, the National Payments Corporation of India (NPCI) will implement a 0.02% Merchant Discount Rate (MDR) on certain UPI investment transactions. While this new levy is capped at ₹300 per transaction, recurring pay...
The Karnataka High Court has directed Federal Bank to refund Rs 3.25 lakh to a customer following an accidental transfer to a dormant account. The court order settles a long-standing dispute caused by a simple digit mismatch. Investors a...
Starting October 15, 2026, transactions over ₹2,000 on UPI will incur a 0.4% merchant fee. The move, aimed at making digital payments sustainable, could generate ₹1,800 crore monthly for the banking system. Small merchants remain exempt.
Starting October 15, 2026, a 0.4% Merchant Discount Rate (MDR) will apply to UPI transactions exceeding ₹2,000. This regulatory change aims to fund infrastructure and security costs, creating a new revenue stream for banks and payment ag...
The National Payments Corporation of India has announced a new fee structure for large UPI merchant transactions. Starting October 15, 2026, payments exceeding Rs 2,000 will attract a 0.4% fee, capped at Rs 300. Crucially, the policy ens...
Public sector general insurers reported a 58% jump in underwriting losses to ₹29,070 crore for FY26. The RBI has flagged solvency risks for National Insurance, Oriental Insurance, and United India Insurance, which have failed to meet the...
YES Bank projects the Reserve Bank of India will likely start a rate hike cycle in December, following August CPI inflation data of 4.82%. This outlook comes amid persistent food and fuel price pressures. Investors are monitoring how shi...
AU Small Finance Bank has hired industry veterans Anil Agarwal and Amol Padhye to strengthen its leadership team as it prepares for its universal banking transition. These appointments follow the bank's receipt of in-principle RBI approv...