Banking and Finance
UPI transactions on Diwali 2026 rise 32% to 916.9 million
UPI recorded 916.9 million transactions worth ₹90,029 crore on Diwali 2026, up 32% in volume from last year, as its international reach expanded to 11 countries.
Banking and Finance
The latest banking and finance stories, updated through the day.
Q2 Results 10th Nov Oct Live: Kalyan Jewellers, MRF, Cochin Shipyard, Avanti Feeds, Titagarh Rail Systems, MMTC to announce Q2 results
Q2 Results Today, 10th November 2026 Live Updates: Find all the latest Q2 results 2026 updates of Alfred Herbert India, ARSS Infrastructure Projects, Avanti Feeds, Balmer Lawrie Investments, Century Business Media, Chambal Breweries & Distilleries, Cochin Shipyard, Covance Softsol, Deccan Polypacks,…
SFBs request RBI ease up on the prescription relating to loan portfolio composition
SFBs urge RBI to relax loan-portfolio rules, proposing lower 50% share of up-to-₹25 lakh loans or higher ₹50 lakh cap.
RBI extends supersession of Abhyudaya Co-operative Bank Board for one more year
The Reserve Bank of India has extended the supersession of the Board of Directors of Abhyudaya Co-operative Bank. This extension will be effective until November 24, 2025, continuing a period of oversight. The RBI aims to address governance standards that raised material concerns regarding the bank'…
Tier-2 districts lead in crypto deal value; fin/tech hubs top in tax payers
Tier-2 districts lead in crypto deal value; Bengaluru tops unique deductees as FY25–26 tax receipts from VDA rise and authorities curb shady uses.
Bank of Baroda ups MCLR by 5 to 20 bps
Bank of Baroda (BoB) has decided to up its marginal cost of funds-based lending rate (MCLR) by 5 to 20 basis points (bps) with effect from November 12. The public sector bank has increased the MCLR the most (20 bps) in two tenors — three months (from 8.30 per cent to 8.50 per cent) and six months (f…
RBI said to query bank valuations of some bond derivative trades
RBI directs banks to value bond-forward trades using Level 3 inputs, impacting valuations, capital, and dividend decisions amid broader pricing transparency efforts.