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Banking News

In the near term, though, MSMEs would feel the pinch as large businesses have delayed payment to small suppliers in many cases as they try and manage cash flows under GST. Photo: (Bloomberg)

Bank loan sanctions to MSMEs for job creation down nearly a third in FY25

3 min read . 05:50 AM IST

For the calendar year, economists are expecting more rate cuts of 25-75 bps points till December this year. (REUTERS)

Slowing growth, cooling inflation may spark 25bps repo cut

4 min read . 05:40 AM IST

Canara Bank, effective Sunday, 1 June 2025, removed the minimum balance requirements for all its savings accounts. (Bloomberg)

Canara Bank waives minimum balance requirements — Here's other banks mandate

2 min read . 01 Jun 2025

Typically, each fintech—such as Paytm, PhonePe, MobiKwik—ties up with multiple regulated banks or NBFCs to offer multiple loan options to their customers. (REUTERS)

Fintechs seek easier provisioning for default loss guarantee-backed loans

5 min read . 01 Jun 2025

No more minimum balance penalties at Canara Bank starting June 1, 2025. (REUTERS)

Canara Bank scraps penalty on minimum average monthly balance for THESE accounts

1 min read . 01 Jun 2025

Bank holiday this week: From June 2-8, banks will be closed for 2 days in some parts of the country,

Bank holidays this week: Banks to be closed for 2 days in THESE cities

2 min read . 07:22 AM IST

SBI report reveals bank credit growth fell sharply from 19.5% to 9.8% in May 2025.

Bank credit growth falls from 19.5% to 9.8% in May 2025, says SBI report

1 min read . 31 May 2025

Bank holiday today: Banks will be open on Saturday, May 31.

Bank holiday today: Are banks open or closed on Saturday, May 31? Check here

1 min read . 31 May 2025

IndusInd Bank has flagged discrepancies worth about ₹1,530 crore in its derivatives account balances. REUTERS/Anushree Fadnavis/File Photo (REUTERS)

ICAI to review financial statements of fraud-hit IndusInd Bank

2 min read . 29 May 2025

The RBI MPC meeting is underway, and the outcome is due on April 9. REUTERS/Francis Mascarenhas//File Photo (REUTERS)

RBI's balance sheet increases 8.2% to ₹76.25 lakh crore in FY25

5 min read . 29 May 2025

Bank holiday today: Banks closed in Shimla for Maharana Pratap Jayanti on May 29, 2025.

Bank holiday today: Are banks open or closed on Thursday, May 29?

1 min read . 29 May 2025

Typically, the loan amount gets sanctioned and then the student applies for the requisite visas. (HT)

Lenders concerned about education loans as US tightens curbs on student visas

3 min read . 29 May 2025

RBIH started with the aim of bringing innovation to the financial sector.

How RBI is shaping the future of lending from Bengaluru’s HSR Layout

10 min read . 28 May 2025

Life Insurance Corporation of India had previously guided that it would foray into health insurance by acquiring stake in an existing health insurance company in FY25. (Mint)

LIC to decide on health insurer stake buy soon

3 min read . 27 May 2025

The UPI platform processed a record 186 billion transactions worth ₹261 trillion in FY25.

What's behind govt role in India's new payments regulator

6 min read . 27 May 2025

Yes Bank had faced a sharp deterioration in its financial position in early 2020, prompting the RBI to supersede its board in March that year.

Yes Bank-SMBC deal could lead to greater foreign investment in Indian banks

2 min read . 27 May 2025

Bank holidays in June 2025: Banks will be closed for 12 days in the month. On days when banks are closed, you can continue to use net banking, mobile banking apps, UPI and ATMs for transactions and cash withdrawal. (Representative photo: Pexels)

June 2025: Banks will be closed on THESE 12 days; check full schedule here

2 min read . 30 May 2025

The seal of the Federal Reserve Board of Governors. Photo: Samuel Corum/Bloomberg

How big banks can profit from bond market angst

3 min read . 26 May 2025

Bank holiday today: Banks in Agartala will be closed on May 26.

Bank holiday today: Are banks open or closed on Monday, May 26? Check here

1 min read . 26 May 2025

Bank holidays next week: Banks will be closed for two days in some parts of the country.

Bank holidays next week: Banks to be closed for 2 days in THESE cities

1 min read . 25 May 2025

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