EV insurance surge 670% in FY26
If there was ever a lingering doubt that India’s electric vehicle (EV) transition is going full throttle, the latest financial…
Section
Category: Fintech & Banking
Banking, RBI, UPI, payments and fintech news.
FIRs against MobiKwik for blocking Investor Funds
The Indian fintech sector has hit another compliance and legal speed bump. In May 2026, the Varthur police in Bengaluru…
NRIs withdrew $2B from Indian bank deposits in March
Amidst the escalating West Asia crisis and geopolitical conflict involving Iran, non-resident Indians (NRIs) executed massive net withdrawals from their…
LIC post ₹23,420 crore profit in Q4 FY26
The Life Insurance Corporation of India (LIC) has posted an impressive performance for the final quarter of the financial year…
RBI pay record ₹2.87 lakh cr dividend to Govt
Central Board of Directors of the Reserve Bank of India (RBI), chaired by Governor Sanjay Malhotra, has officially approved a…
JPMorgan to hire more AI specialists, less bankers
In a definitive signal that the artificial intelligence talent war has firmly overtaken Wall Street, JPMorgan Chase & Co. CEO…
RBI caps digital EMIs at half income
Reserve Bank of India (RBI) has instituted a hard regulatory ceiling on unsecured digital lending, mandating that a household’s total…
ICICI Bank report ₹23 cr gold loan scam
ICICI Bank has reportedly uncovered a sophisticated gold loan fraud amounting to ₹23.4 crore across several of its branches in…
Apple in talks with banks to start payment service in India by mid-2026
Apple is in active discussions with major Indian financial institutions to finally launch Apple Pay in India.
Kalshi fines MrBeast’s editor in insider trading
On Wednesday, February 25, 2026, the prediction market platform Kalshi announced its first major disciplinary actions for insider trading, involving…