The Reserve Bank of India has introduced regulations to ensure transparency and fairness in minimum balance charges, with some banks like SBI already removing penalties to simplify account maintenance for customers. For millions of savings account holders in India, the…
The Reserve Bank of India cautions banks against lowering loan prices excessively in a high-liquidity environment, aiming to avert future asset quality issues amid intensified competition and interconnected risks with NBFCs. The Reserve Bank of India has warned banks against…
Data from Kotak Mahindra Bank reveals a sharp rise in young Indian homebuyers aged 25 to 30, signalling a shift in ownership perceptions and an earlier market entry driven by changing priorities, higher education, and income growth. Gen Z is…
Pakistan-based Panther Tyres Limited is leveraging cost-saving initiatives and new markets to stabilise profits and boost exports, despite recent fluctuating earnings and regional tensions. Panther Tyres Limited, a Pakistan-based maker of tyres and tubes, has built its business around a…
India is set to expedite long-delayed auto sector incentives involving Chinese investment, signalling a cautious easing of diplomatic tensions and boosting integration of Chinese technology into its manufacturing ecosystem. India is preparing to move ahead with a set of long-delayed…
Mahindra Finance’s accelerated push into artificial intelligence is transforming loan origination and servicing, with automated systems now managing 70% of new loan volumes and dramatically reducing borrower delays. Mahindra Finance says its push into artificial intelligence and digital lending is…
India Post’s popular Monthly Income Scheme permits multiple accounts for depositors, but total investment limits remain unchanged, reshaping saver strategies for low-risk, steady-income options. India Post’s Monthly Income Scheme continues to draw savers who want a low-risk place for lump…
Juniper Research warns that the rise of AI-enabled scams will significantly increase fraudulent transactions in digital banking, prompting a shift towards real-time, intelligence-led risk management strategies. Fraud in digital banking and money transfers is set to become far more difficult…
India shifts from import dependence to a robust, export-oriented defence sector, with record production and increased private sector participation, signalling a new era of strategic autonomy. India’s defence industry has moved from heavy dependence on imports to a far more…
Investor enthusiasm for AI is boosting Indian shares, with Tanla Platforms pioneering blockchain-enabled messaging and AI-driven fraud detection to capitalise on growing enterprise automation demand. Investor enthusiasm for artificial intelligence has helped lift global markets, and the excitement is increasingly…
