LIC ICICI Bank Stake Gets RBI Approval for 9.99%
RBI has allowed LIC to acquire an aggregate holding of up to 9.99% in ICICI Bank within one year, but…
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Category: Fintech & Banking
Banking, RBI, UPI, payments and fintech news.
Axis Bank and Scapia Launch Zero-Forex Travel Card
Axis Bank and Scapia launched a no-fee travel card with zero forex markup, dual Mastercard-RuPay access and conditional airport perks.
FATF Hawala Report Flags Digital Laundering Risks Now
FATF says underground banking is professionalising and using encrypted messaging, fintech rails, virtual assets and AI alongside legitimate channels.
CCI Fee-Fixing Order Reshapes Debenture Trustees Today
India’s competition regulator found coordinated benchmark pricing among debenture trustees and ordered a cease-and-desist without a monetary penalty.
FCNR Deposit Rates Fall After RBI’s $136 Billion Rush
FCNR deposit rates fell after the RBI closed its special swap window early following $136.377 billion in provisional foreign-currency inflows.
RBL Bank EMTN Plan: What the Board Will Consider
RBL Bank’s board will consider an EMTN framework for possible overseas debt issues. Here are the confirmed facts, unknown terms…
Nextgen Finance Funding: ₹215 Crore MSME Expansion
Nextgen Finance raised ₹215 crore in equity led by Beams Fintech Fund to expand technology-led secured lending for underserved Indian…
Gold Loan Growth: Why Bank Credit Hit ₹5.52 Lakh Crore
Bank gold loans reached ₹5.52 lakh crore in July 2026. Here is why growth remains exceptional and how RBI's new…
ICICI Bank Stake Purchase: ₹1,470 Crore Deal Explained
ICICI Bank bought about 2% more of ICICI Prudential Life for ₹1,470 crore, lifting its holding to roughly 52.8% through…
Zerodha Merchant Banking Approval: What Comes Next
SEBI has cleared Zerodha Corporate Advisors’ merchant-banking application, but formal registration and remaining regulatory steps are still pending.