The Unified Lending Interface (ULI), India’s digital public infrastructure for frictionless credit delivery, has seen a sharp rise in adoption over the past year, showed the Reserve Bank of India’s (RBI) report on Trends and Progress of Banking in India 2024-25. As of 12 December, a total of 64 lenders have been onboarded to the…
While the number of bank frauds fell, the amount went up in 2025-26, showed the Reserve Bank of India’s (RBI) report on ‘Trends and Progress of Banking in India’ 2024-25. At the end of September, banks reported a total of 5,092 frauds, significantly lower than 18,386 frauds reported in the year-ago period. However, the value…
Funds raised by banks through private placements, qualified institutional placement and preferential allotment have decreased to their lowest over the last three financial years, the Reserve Bank of India’s report on trend and progress of banking in India 2024-25 showed. Up to November in the current financial year, funds raised by the public, private sector,…
Mumbai: The Reserve Bank of India (RBI) said on Monday that banks will continue to face competition from non-bank sources in lending to companies, while fast-changing technology could change how customers transact and pose cybersecurity risks. In its report on trends and progress of banking In India, the RBI said that notwithstanding a moderation in…
Saregama’s investment in Sanjay Leela Bhansali–promoted Bhansali Productions without acquiring film IP signals a structural shift in Indian cinema financing. How will this play out in the long term? Source link
IT’s acquisition spree comes on the back of slowing growth. TCS, Infosys, HCLTech, Wipro and Tech Mahindra reported revenues of $30.18 billion, $19.28 billion, $13.84 billion, $10.51 billion, and $6.26 billion respectively in the last fiscal. While TCS, Infosys, and HCLTech reported revenue growth of 3.8%, 3.9%, and 4.3%, respectively, Wipro and Tech Mahindra reported…
“Deals are certainly becoming larger and bolder, and we expect that to continue,” Maheshwari said, adding that clients will, however, remain selective in the assets that they acquire as familiarity, strategic and cultural fit and price discipline are critical elements. Factors such as profitable growth delivered by Indian companies, robust domestic consumption, expanding exports, digital…
The risk of putting together a theatrical outing remains quite high, according to experts, as the cost often doesn’t match monetization possibilities. Film producer, trade, and exhibition expert Girish Johar said with satellite television and OTT sales having dipped, films have to depend entirely on making the cut in cinemas, accounting for high ticket rates…
Which countries are offering this? Antigua & Barbuda, Bermuda, and Croatia were among the first countries to introduce such a visa in around 2021. A few years later, Japan, South Korea, Turkey in 2024 and Spain, Taiwan, Moldova, Bulgaria, Slovenia, Philippines joined the list. Source link
As the new year begins, banks across the country will observe a series of holidays and weekend closures between December 29, 2025, and January 4, 2026. While closures vary by region, the period includes regular weekend breaks, New Year’s Day, and several state-specific holidays. Customers are advised to plan their banking activities in advance to…