Topic
Banking
Finance UK Targets Industrialized Crypto Fraud with Data-Led Enforcement
The UK is overhauling its approach to crypto-enabled fraud, which now accounts for 45% of all crime in the country costing £14 billion annually. A landmark seizure of 61,000 bitcoin worth £5 billion and an innovative public-private operation that froze $12 million in proceeds demonstrate a shift from reactive policing to intelligence-led, collaborative enforcement. For finance executives, the tightening regulatory environment and emphasis on public-private data-sharing signal rising compliance expectations and the need for investment in blockchain analytics.
Finance Credit Surges 17.7% as Deposit Slowdown Widens Funding Gap
Bank credit in India surged 17.7% year-on-year by May 31, 2026, the strongest since June 2024, while deposits declined by Rs 2.3 lakh crore since March 31, widening the funding gap to Rs 3.8 lakh crore. The credit-deposit ratio rose to 82.8%, squeezing bank liquidity and prompting adjustments in government securities holdings.
Finance Telangana Tenant Farmers Demand Loan Eligibility Cards
Tenant farmers in Telangana are urging the government to issue Loan Eligibility Cards to facilitate access to institutional credit and government schemes. The Tenant Farmers’ Recognition Struggle Committee highlights the challenges faced by tenant farmers, including high lease rates and lack of credit access.
Finance Understanding Form 16 for FY 2025-26: A Guide for Salaried Taxpayers
Form 16 is crucial for salaried taxpayers in India for filing income tax returns for FY 2025-26. It details salary and tax deductions, aiding accurate tax filing. Employees must obtain it from their employers, especially if they switched jobs.
Finance RBI Proposes Transparent Bulk Deposit Pricing Framework
The Reserve Bank of India (RBI) has proposed new rules to enhance transparency and flexibility in bulk deposit pricing. Banks will need to disclose interest rates upfront and consider withdrawal risks in pricing.
Finance Uncover Hidden Pension Savings: A Guide for Finance Executives
Many professionals may be saving for their pensions without realizing it due to automatic enrollment schemes. Finance executives should verify deductions on wage slips to ensure they are maximizing employer contributions, which can significantly impact long-term retirement savings.
Regulations & Compliance US Treasury urges banks to monitor migrant transactions
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Finance Understanding the True Cost of Truck Financing
Truck financing costs extend beyond monthly payments, encompassing total interest over the loan term. Understanding amortization and interest structure is crucial for accurate cost assessment.
Finance Govt extends RBI deputy governor Swaminathan J tenure for 2
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Finance HDFC Halts Government Fund Mobilization via Agents
HDFC Bank has announced that it will cease using agents to mobilize government funds starting July 1, 2026. This strategic shift aligns with the bank's expanded branch network and aims to mitigate regulatory scrutiny.
Business Citi CEO Jane Fraser Highlights India's Long-Term Growth Potential
Citi CEO Jane Fraser underscores India's long-term growth potential, urging focus beyond short-term challenges. She highlights investor interest in sectors like technology and infrastructure.
Finance RBI announces Rs 50,000 crore repo auction ahead of MPC meet
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Finance RBI MPC Meeting: Rate Decision Amid Inflation and Geopolitical Tensions
The Reserve Bank of India's MPC is expected to maintain the repo rate amid inflation concerns and geopolitical tensions. Economists predict potential rate hikes later in FY27.
Business Brajesh Kumar Singh Takes Helm as MD & CEO of Canara Bank
Brajesh Kumar Singh has been appointed as the Managing Director and CEO of Canara Bank, effective until April 2029. With over 30 years of experience, Singh aims to drive digital transformation and enhance customer experience.
Finance Business Credit Share Surges in FY26 Amid Rising Deposits
In FY26, business credit share in bank loans increased significantly, with private corporate sector loans growing by 15.5%. Deposit growth also accelerated to 11.5%, reflecting a shift towards term deposits.
Finance DFS Secretary Evaluates Public Sector Banks' Performance
The DFS Secretary, M. Nagaraju, conducted a comprehensive review of Public Sector Banks in New Delhi, assessing their performance across key financial and operational metrics. The meeting emphasized the importance of financial inclusion, digital banking, and MSME credit flow.
Finance RBI Balance Sheet Expands Amid Investment Surge
The Reserve Bank of India's balance sheet expanded by 20.6% to 91.97 lakh crore rupees, driven by domestic and foreign investments. This growth impacts trade finance and international business costs.
Finance Government Launches Portal for Unclaimed Financial Assets
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Finance June 2026 Bank Holidays: State-wise List in India
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Logistics BMO Credit Data Stagnates Amid Freight Market Growth
BMO's latest credit data reveals minimal improvement in the trucking sector's financial health, despite a stronger freight market. Key indicators such as gross impaired loans and provisions for credit losses have shown only slight changes.