RapidCanvas has raised $29m in Series B funding to expand its enterprise AI platform, as BharatPe launches an agentic assistant and investors continue to fund India’s AI and deep-tech startups. BharatPe has rolled out an agentic AI assistant for business…
Punjab National Bank’s second-quarter profit rose 12.8% as stronger net interest income and sharply lower provisions outweighed an increase in fresh bad-loan additions. Punjab National Bank reported a stronger second quarter, as higher core income and sharply lower provisions lifted…
The Supreme Court’s decision to uphold the reversal of Yes Bank’s AT1 bond write-off could pressure the lender’s capital ratios while setting a higher legal bar for future banking resolutions. Yes Bank’s shares came under pressure after India’s Supreme Court…
A new Android campaign impersonating India’s mParivahan and eChallan services uses hidden screen overlays and keylogging to target payment-app PINs. Indian Android users are being targeted by a new GhostBat remote-access Trojan campaign that uses fake mParivahan and eChallan messages…
PPF loans offer temporary access to funds while preserving the account’s compounding potential, but withdrawals permanently reduce the corpus. Here are the eligibility, limits and repayment rules. The Public Provident Fund remains a familiar long-term savings option for households seeking…
The Canadian fintech has launched Professional Services and Managed Services to help institutions develop, operate and scale capabilities including account switching, investment transfers and payroll switching. Flinks has expanded its enterprise offering with two services aimed at financial institutions and…
The partnership will give students, faculty and market professionals hands-on access to CAMS Lens, an AI-powered regulatory intelligence platform focused on India’s securities market. The National Institute of Securities Markets and Computer Age Management Services Limited have agreed to bring…
The court has reaffirmed that the Income Tax Department cannot reverse an accepted position on unchanged facts without statutory or legal justification, while stressing that tax must be imposed only under valid authority of law. The Bombay High Court has…
Late starters may still retire comfortably at 60, but they will need inflation-proof targets, escalating contributions and a careful shift from equity to safer assets as retirement nears. Starting retirement planning at 40 can feel daunting, but it does not…
Finance minister Nirmala Sitharaman says wider local-currency settlements could keep essential trade moving for countries struggling to secure dollars, while India seeks to rebalance existing trade pacts. India is stepping up its push to settle more cross-border trade in rupees,…
