Home/Topics/Companies & Institutions/Banks

🏢Organization Dossier

Banks

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

50 Stories Indexed

Last Updated: Just Now

Verified Entity Intelligence

Banking, Fintech & Insurance 16 Oct 2026, 02:36 PM IST

Private Credit Loses Its Pricing Edge as New Funding Channels Open for Borrowers

Private credit is facing a sharper competitive squeeze as companies gain access to a broader mix of financing options, including bank-led acquisition funding. In the first half of 2026, a notable share of private credit deals reportedly priced below 18%, underscoring how the asset class is being forced to compete harder on terms rather than scarcity. For lenders, the shift is prompting a search for higher-return niches as the market matures.

By RDU Global Wire6 min read

Banking, Fintech & Insurance16 Oct 2026, 01:37 AM IST

Government Urges Banks to Build Sector-Wide Quantum Transition and AI Resilience Plans

The finance ministry has asked banks to prepare for post-quantum cyber risks and develop a common industry framework for transition, according to an official familiar with the matter. The move reflects growing concern that encrypted banking data could be harvested now and decrypted later as quantum computing advances, alongside the need for stronger AI resilience across the financial system.

6 min readRead →

Global Economy & Central Banks16 Oct 2026, 12:35 AM IST

Warren, Garcia Push Banks to Open Epstein Records in New Transparency Drive

Sen. Elizabeth Warren and Rep. Robert Garcia are leading new legislation aimed at compelling banks and certain executives to disclose records tied to Jeffrey Epstein. The proposal adds fresh political pressure on the financial sector, where questions about due diligence, compliance oversight and reputational risk have lingered for years.

5 min readRead →

National Governance & Policy15 Oct 2026, 04:42 PM IST

India Urges Banks to Build Sector-Wide Quantum Transition and AI Resilience Plan

India’s finance ministry has asked banks to begin preparing for a sector-wide transition to post-quantum security, while also developing an artificial intelligence resilience framework, according to an official familiar with the matter. The move reflects growing concern that encrypted financial data could be harvested now and decrypted later by future quantum computers, exposing banks, payment systems and customer records to delayed but severe cyber risk.

5 min readRead →

National Governance & Policy15 Oct 2026, 04:01 PM IST

Government Urges Banks to Build Quantum-Ready Defences and AI Resilience Framework

India’s finance ministry has asked banks to prepare for a sector-wide transition to post-quantum security while also developing an artificial intelligence resilience framework, according to an official familiar with the matter. The move reflects growing concern that encrypted financial data could be harvested now and decrypted later by future quantum computers, forcing lenders to align on common industry standards rather than fragmented internal fixes.

4 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 02:19 PM IST

Cyberattacks Hit 20 Financial Institutions as CERT-In Flags API Weaknesses

Around 20 financial institutions were targeted in cyberattacks earlier this month, with attackers allegedly using stolen partner-bank credentials and weaknesses in payment APIs to divert funds. India’s CERT-In has since warned banks, NBFCs and fintech firms to suspend compromised interfaces, tighten transaction controls and strengthen customer verification.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 12:15 PM IST

India’s Credit Card Spending Falls 2.8% in August as New Card Additions Slow

India’s credit card market showed signs of moderation in August, with spending slipping 2.8% month-on-month to ₹2.02 lakh crore from ₹2.08 lakh crore in July. The slowdown came alongside a 5.6% decline in new card additions, even as year-on-year spending still rose 5.9%, indicating that consumer demand remains resilient but is losing some momentum.

5 min readRead →

Automotive, EVs & Mobility09 Oct 2026, 09:19 AM IST

Private Credit Loses Its Pricing Edge as New Funding Channels Open for Companies

Private credit is facing a sharper squeeze as competition intensifies, regulatory changes reshape lending conditions, and banks re-enter acquisition financing with greater force. In the first half of 2026, a significant share of private credit deals were priced below 18%, underscoring how quickly the market has shifted in favor of borrowers with more financing options.

6 min readRead →

Banking, Fintech & Insurance08 Oct 2026, 10:46 PM IST

India’s Credit Card Spending Slips 2.8% in August as New Card Growth Cools

India’s credit card market showed signs of moderation in August, with spending easing 2.8% month-on-month to ₹2.02 lakh crore from ₹2.08 lakh crore in July. Although outlays were still 5.9% higher than a year earlier, the slower pace of card additions suggests a cooling in incremental demand across consumer spending channels.

5 min readRead →

Banking, Fintech & Insurance08 Oct 2026, 07:18 PM IST

Private Credit Loses Its Pricing Edge as Banks Reclaim Deal Flow

Private credit is facing a sharper competitive squeeze as companies gain access to a broader set of funding options, including bank-led acquisition financing. In the first half of 2026, a significant share of private credit transactions priced below 18%, underscoring how the asset class is losing some of the yield premium that once defined it. For lenders, the shift is forcing a rethink of where returns can still justify risk.

5 min readRead →

National Governance & Policy08 Oct 2026, 07:18 PM IST

India Urges Banks to Build Sector-Wide Quantum Transition and AI Resilience Plan

India’s finance ministry has asked banks to prepare for a sector-wide transition to post-quantum security while also developing an artificial intelligence resilience framework, according to an official familiar with the matter. The move reflects growing concern over “harvest now, decrypt later” attacks, in which cyber adversaries collect encrypted financial data today in anticipation of future quantum computing capabilities.

5 min readRead →

Banking, Fintech & Insurance08 Oct 2026, 05:39 PM IST

India Credit Card Spending Slips 2.8% in August as New Card Growth Cools

India’s credit card market showed signs of moderation in August, with monthly spending falling 2.8% to ₹2.02 lakh crore from ₹2.08 lakh crore in July. New card additions also slowed, with banks issuing 1.19 million cards during the month, leaving the total outstanding base at 124.1 million.

5 min readRead →

National Governance & Policy08 Oct 2026, 05:49 AM IST

India Urges Banks to Build Quantum Transition Plan and AI Resilience Framework

India’s finance ministry has asked banks to prepare for a sector-wide shift toward post-quantum security and to develop an artificial intelligence resilience framework, according to an official familiar with the matter. The move reflects growing concern that encrypted financial data could be harvested now and decrypted later by future quantum computers, exposing banks, payment systems and customer records to long-tail cyber risk.

5 min readRead →

Automotive, EVs & Mobility07 Oct 2026, 09:29 PM IST

Private Credit Loses Its Pricing Edge as Banks Re-enter Acquisition Finance

Private credit is coming under pressure as competition intensifies, regulatory changes reshape lending behavior, and banks expand back into acquisition financing. In the first half of 2026, a significant share of private credit deals were priced below 18%, underscoring how quickly the market is normalizing for borrowers in India’s automotive, EV and mobility ecosystem.

5 min readRead →

Automotive, EVs & Mobility07 Oct 2026, 07:16 PM IST

Private Credit Loses Pricing Edge as New Funding Channels Open for Borrowers

Private credit is facing a sharper competitive squeeze as banks re-enter acquisition financing and regulatory changes broaden borrowers’ funding options. In the first half of 2026, a substantial share of private credit deals reportedly priced below 18%, underscoring how quickly the market’s return profile is being compressed.

5 min readRead →

National Governance & Policy07 Oct 2026, 05:40 PM IST

Finance Ministry Seeks Banks’ Views on AI Loan Collection Tools

India’s finance ministry has asked banks for feedback on their use of artificial intelligence in loan collection, signalling a closer review of how lenders are adopting the technology and protecting borrowers. The exercise is aimed at mapping current deployment, with most banks using AI for borrower engagement and repayment reminders, while only a limited number have moved to conversational AI for collections.

5 min readRead →

Banking, Fintech & Insurance07 Oct 2026, 04:57 PM IST

Cyber Fraud Victims Report Delays, Weak Bank Accountability After Rapid Complaints

A growing number of cyber fraud victims in India say banks are failing to act quickly enough after complaints, leaving unauthorised transactions unrecovered and customers trapped in prolonged disputes. A recent survey found that 13% of respondents experienced cybercrime in the past two to three years, with digital financial fraud accounting for 54% of those cases, underscoring the scale of the problem and the gap in frontline redress.

5 min readRead →

Banking, Fintech & Insurance06 Oct 2026, 05:26 PM IST

India’s Credit Card Spending Dips 2.8% in August as New Issuance Slows

Credit card spending in India fell 2.8% in August to ₹2.02 lakh crore from ₹2.08 lakh crore in July, signalling a moderation in consumer card usage even as year-on-year spending remained higher. Banks also added fewer new cards during the month, with fresh issuance easing 5.6% to 1.19 million, taking the total outstanding card count to 124.1 million.

5 min readRead →

Banking, Fintech & Insurance06 Oct 2026, 09:12 AM IST

India May Withdraw GST Exemption on Bank and Nominated Agency Gold Imports

India is considering withdrawing the GST exemption currently available to banks and nominated agencies on imports of gold, silver and other precious metals, according to people familiar with the policy review. The move would mark a significant shift in the tax treatment of bullion imports, as the government looks for ways to curb foreign exchange outflows and protect the country’s reserves.

5 min readRead →

Banking, Fintech & Insurance06 Oct 2026, 08:50 AM IST

Bank Deposit Rates Ease in August Even as Fresh Lending Costs Rise

Banks cut the weighted average rate on fresh rupee term deposits to 5.67% in August, while the average rate on new loans climbed to 8.61%, underscoring a widening divergence in pricing across the banking system. The trend points to softer competition for deposits and firmer lending yields, with personal loans showing the sharpest upward movement among loan categories.

5 min readRead →

National Governance & Policy06 Oct 2026, 04:30 AM IST

Finance Ministry Seeks Banks’ Views on AI Loan Collection Tools as Adoption Widens

The finance ministry has asked banks to share feedback on their use of artificial intelligence in loan collection, signalling a closer policy review of how lenders are deploying automation in recovery and borrower engagement. The exercise is aimed at assessing adoption levels, customer-protection safeguards and the extent to which conversational AI is being used in collections.

5 min readRead →

Banking, Fintech & Insurance05 Oct 2026, 05:58 PM IST

India Credit Card Spending Falls 2.8% in August as New Card Additions Slow

India’s credit card market showed signs of moderation in August, with spending slipping 2.8% month-on-month to ₹2.02 lakh crore from ₹2.08 lakh crore in July. New card issuances also eased, with banks adding 1.19 million cards during the month, down 5.6% from July, even as the total outstanding card base rose to 124.1 million.

5 min readRead →

Banking, Fintech & Insurance05 Oct 2026, 05:13 PM IST

Credit Card Spending Slips 2.8% in August as New Card Issuance Cools

India’s credit card market showed signs of moderation in August, with spending falling 2.8% month-on-month to ₹2.02 lakh crore from ₹2.08 lakh crore in July. The slowdown came alongside a softer pace of new card additions, which declined 5.6% from the previous month even as the overall card base rose to 124.1 million.

5 min readRead →

Macro Economy & Fiscal Policy05 Oct 2026, 12:37 PM IST

India May Withdraw GST Exemption on Banks and Nominated Agencies for Gold, Silver Imports

India is weighing the withdrawal of a goods and services tax exemption that currently benefits banks and nominated agencies handling imports of gold, silver and other precious metals, according to people familiar with the matter. The move would be aimed at discouraging bullion inflows that widen the trade deficit and put pressure on foreign exchange reserves.

5 min readRead →

Markets, IPOs & Wealth04 Oct 2026, 07:30 PM IST

Robinhood’s Stock Tokens Fuel a New Wave of Meme Trading

Robinhood’s temporary tokenized stock trading offering is accelerating a retail trading culture that increasingly blurs the line between equities and speculative crypto-style bets. The development has drawn scrutiny from listed companies and regulators alike, as traders swap memecoins and stock tokens in a market environment where price discovery may become more detached from underlying fundamentals.

6 min readRead →

Banking, Fintech & Insurance04 Oct 2026, 09:25 AM IST

India’s Credit Card Spending Slips 2.8% in August as New Card Additions Slow

Credit card spending in India fell 2.8% month-on-month in August to ₹2.02 lakh crore, down from ₹2.08 lakh crore in July, signalling a moderation in consumer card usage even as annual spending remained higher. Banks also added fewer new cards during the month, with issuances easing 5.6% from July to 1.19 million, taking the total outstanding credit card base to 124.1 million.

5 min readRead →

Automotive, EVs & Mobility03 Oct 2026, 09:31 PM IST

Digital Lenders’ Personal-Loan Books Jump 28% as Account Counts Slip

India’s digital lending sector posted a sharp 28% rise in personal-loan portfolios over the past year, even as the number of outstanding loan accounts edged down to 5.64 crore. The data points to a clear shift toward larger ticket sizes, with new loan sanctions surging 50% and younger borrowers, along with customers with thin credit histories, driving much of the growth.

4 min readRead →

Banking, Fintech & Insurance03 Oct 2026, 08:15 AM IST

India Credit Card Spending Falls 2.8% in August as New Card Additions Slow

India’s credit card market showed signs of moderation in August, with spending slipping 2.8% month on month to ₹2.02 lakh crore from ₹2.08 lakh crore in July. Although spending remained 5.9% higher than a year earlier, the slowdown in fresh card issuance and softer monthly transaction growth point to a cooling pace in consumer credit expansion.

5 min readRead →

Enterprise Tech, Cloud & AI03 Oct 2026, 05:23 AM IST

Finance Ministry Seeks Banks’ Views on AI Loan Collection Tools as Adoption Remains Uneven

India’s finance ministry has asked banks to share details of their use of artificial intelligence in loan collection, signalling a closer review of how lenders are deploying automation and whether customer-protection safeguards are keeping pace. Early indications suggest most banks are using AI to support borrower engagement and repayment reminders, while only a limited number have moved to conversational AI for collections.

5 min readRead →

Markets, IPOs & WealthJust now (08:14 PM IST)

D-Street Posts Longest Weekly Slump in 25 Years as Yield Shock, Oil Surge Batter Sentiment

Indian equities endured a bruising selloff as surging US bond yields, persistent foreign outflows and firmer crude prices combined to pressure risk assets across the board. The Sensex and Nifty extended their losing streak to levels not seen since the Covid-era turmoil, while the rupee weakened and analysts warned that macro headwinds may keep volatility elevated even as selective stock opportunities emerge.

5 min readRead →

Banking, Fintech & InsuranceJust now (07:53 PM IST)

Razorpay Brings Apple Pay to India, Letting Shoppers Skip OTPs for Face ID and Touch ID Payments

Razorpay has enabled Apple Pay for online and in-store payments in India, opening a new authentication path for eligible users across digital commerce and retail. The move allows shoppers to complete transactions with Face ID or Touch ID instead of one-time passwords, a shift that could reshape checkout behavior for merchants ranging from quick-commerce platforms to airlines.

5 min readRead →

Enterprise Tech, Cloud & AIJust now (07:11 PM IST)

Finance Ministry Seeks Banks’ Views on AI in Loan Collections as Adoption Widens

India’s finance ministry has asked banks to share feedback on their use of artificial intelligence tools in loan collection, signalling a closer review of how quickly the technology is being adopted and how borrowers are being treated. The exercise is aimed at assessing both operational deployment and customer-protection safeguards, at a time when lenders are increasingly using AI for engagement and repayment tracking, but only a few have moved to conversational AI for collections.

5 min readRead →

Automotive, EVs & MobilityJust now (12:55 PM IST)

ISG Says Agentic Commerce Will Reshape Mobility, With Compliance Built In From the Start

ISG is positioning agentic commerce as the next major shift in digital buying, arguing that enterprises in automotive, EVs and mobility must treat compliance as a design principle rather than a post-launch fix. The firm’s message is especially relevant in India, where fast-moving digital commerce, regulated payments and mobility platforms are converging at scale.

5 min readRead →

India Sports & CricketJust now (10:11 AM IST)

Asian Games hockey: Indian women aim to break China’s grip in high-stakes clash

India’s women’s hockey team enters a defining Asian Games contest with a clear objective: end China’s recent dominance and strengthen its path toward the podium. The matchup carries tactical, psychological and qualification significance, with India seeking to convert improved structure and discipline into a statement result.

5 min readRead →

Macro Economy & Fiscal PolicyJust now (03:47 AM IST)

India’s GST Collections Rise 14.7% in September to Over ₹2.03 Lakh Crore

India’s gross Goods and Services Tax collections climbed 14.7% year-on-year to more than ₹2.03 lakh crore in September, underscoring resilient tax buoyancy despite a mixed macroeconomic backdrop. Domestic activity contributed about ₹1.38 lakh crore, while import-linked revenues jumped 26% to ₹65,525 crore, signalling firm consumption and trade-related flows.

5 min readRead →

India Sports & CricketJust now (01:21 AM IST)

Gill’s blend of elegance and endurance is redefining captaincy

Shubman Gill appears to have embraced the simplest route to batting greatness: stay in, absorb pressure and keep the innings alive. As India’s captain, he is increasingly combining aesthetic strokeplay with the responsibility of carrying the side through difficult phases, a balance that is shaping both his leadership and his reputation.

5 min readRead →

Banking, Fintech & InsuranceJust now (02:11 PM IST)

RBL Bank receives GST show-cause notice over alleged Rs 173 crore input tax credit claim

RBL Bank said it has received a show-cause notice from Maharashtra GST authorities proposing a demand of more than Rs 173.08 crore, including interest and penalty, over alleged wrongful availment of input tax credit in FY23. The lender said it will respond to the notice and does not expect a material financial impact, citing favourable orders in an identical matter.

5 min readRead →

Macro Economy & Fiscal PolicyJust now (01:29 PM IST)

India’s Second Half of FY27 Will Be Tougher as Global Risks, Higher Rates Bite: CEA Nageswaran

India’s economic momentum has held up through July and August, but the second half of FY27 is likely to be more difficult as global uncertainty, rising interest rates and firmer oil prices weigh on activity, Chief Economic Adviser V. Anantha Nageswaran said. He said recent high-frequency indicators still point to resilience, even as September has already shown signs of strain.

5 min readRead →

India Entertainment & CultureJust now (10:43 AM IST)

Anuradha Kapur’s 'Virasat' Recasts Elkunchwar’s Wada Trilogy as a Stark Warning on Memory and Modernity

At Delhi’s Sunder Nursery, Anuradha Kapur’s 'Virasat' revisits Mahesh Elkunchwar’s celebrated Wada trilogy with a production that is both intimate and unsparing. The staging turns a family’s inherited decay into a broader meditation on the cost of clinging to a dying past, while questioning the assumption that modernity automatically means progress.

5 min readRead →

Banking, Fintech & InsuranceJust now (10:02 AM IST)

Bank Credit Growth Hits Eight-Quarter High, Deepening Funding Strain as Deposits Lag

Bank lending accelerated to a sixteen-month high, with credit growth reaching its strongest pace in eight quarters, according to the report. But deposit growth failed to keep up, widening the credit-deposit gap and intensifying funding pressure across the banking system, even as finance-sector lending, especially to NBFCs, powered the expansion.

5 min readRead →

Banking, Fintech & InsuranceJust now (09:19 AM IST)

Bank Deposit Rates Ease in August Even as Fresh Lending Costs Rise

Banks in India cut the weighted average rate on fresh rupee term deposits to 5.67% in August, while the average rate on new loans climbed to 8.61%, underscoring a widening divergence in funding and lending conditions. The move reflects softer pricing on deposits across both public and private lenders, even as borrowing costs rose in segments such as personal loans.

5 min readRead →

Markets, IPOs & WealthJust now (03:28 AM IST)

Subramanian Swamy Seeks Ban on Cement Imports from Pakistan Over Security Risks

Bharatiya Janata Party leader Subramanian Swamy has called for a ban on cement imports from Pakistan, arguing that such trade could be used as a cover for smuggling contraband, weapons and ammunition into India. His remarks add a security dimension to a trade issue that sits at the intersection of border management, market access and national policy.

6 min readRead →

Banking, Fintech & InsuranceJust now (02:26 AM IST)

India’s Credit Card Spending Slips 2.8% in August as New Card Additions Slow

Credit card spending in India declined 2.8% month-on-month in August to ₹2.02 lakh crore, down from ₹2.08 lakh crore in July, even as year-on-year spending remained 5.9% higher. The moderation came alongside a slowdown in new card issuance, with banks adding 1.19 million cards during the month, 5.6% fewer than in July.

5 min readRead →

Macro Economy & Fiscal PolicyJust now (12:23 AM IST)

Employment in Registered Industries Crosses 2 Crore in FY25, Government Survey Shows

The estimated number of persons engaged in registered industries rose to 2.10 crore at the end of FY25 from 1.96 crore in FY24, according to a government survey, marking growth of more than 7 per cent. The increase underscores a broader expansion in formal industrial employment, even as policymakers continue to watch whether job creation can keep pace with India’s rapid labour force growth.

5 min readRead →

Banking, Fintech & InsuranceJust now (09:17 PM IST)

India’s Credit Card Spending Slips 2.8% in August as New Card Additions Slow

India’s credit card market showed signs of moderation in August, with spending falling 2.8% month-on-month to ₹2.02 lakh crore from ₹2.08 lakh crore in July. The slowdown came alongside a softer pace of new card issuance, as banks added 1.19 million cards during the month, down 5.6% from July, even as year-on-year spending still rose 5.9%.

5 min readRead →

Banking, Fintech & InsuranceJust now (06:53 PM IST)

India Credit Card Spending Slips 2.8% in August as New Card Additions Slow

India’s credit card market showed signs of moderation in August, with spending falling 2.8% month-on-month to ₹2.02 lakh crore from ₹2.08 lakh crore in July. The slowdown came alongside a softer pace of new card issuance, as banks added 1.19 million cards during the month, down 5.6% from July, even as the total outstanding card base rose to 124.1 million.

5 min readRead →

Automotive, EVs & MobilityJust now (01:21 PM IST)

Make in India Enters Deeper Manufacturing Phase as CII Flags Supply Chain, Technology Push

India’s manufacturing story is moving beyond simple capacity expansion toward a more demanding phase focused on domestic supply chains, technology development and stronger integration with global markets, the Confederation of Indian Industry said as Make in India marks 12 years. The shift is especially significant for automotive, EV and mobility manufacturing, where competitiveness will increasingly depend on local depth rather than assembly scale alone.

5 min readRead →

Enterprise Tech, Cloud & AIJust now (12:40 PM IST)

Finance Ministry Seeks Banks’ Input on AI Loan Collection Tools as Adoption Review Deepens

The finance ministry has asked banks to share feedback on their use of artificial intelligence in loan collection, signalling a closer review of how rapidly such tools are being adopted and how customer safeguards are being applied. Early indications suggest most lenders are using AI for borrower engagement and repayment nudges, while only a limited number have moved to conversational AI for collections.

5 min readRead →

Enterprise Tech, Cloud & AIJust now (04:41 AM IST)

Finance Ministry Seeks Banks’ Views on AI Loan Collection Tools as Adoption Remains Uneven

The finance ministry has asked banks to share feedback on their use of artificial intelligence in loan collection, signalling a closer review of how quickly the technology is being adopted and whether customer safeguards are keeping pace. While most lenders are using AI to support borrower engagement and repayment reminders, only a small number have moved to conversational AI for collections.

5 min readRead →

Banking, Fintech & InsuranceJust now (02:58 AM IST)

India’s Credit Card Spending Falls 2.8% in August as New Card Growth Slows

India’s credit card market showed signs of moderation in August, with spending slipping 2.8% month-on-month to ₹2.02 lakh crore from ₹2.08 lakh crore in July. New card additions also eased, suggesting a softer pace of expansion even as year-on-year spending remained higher.

4 min readRead →

🏢 About this Entity

Corporations, startups, regulatory bodies, central banks, ministries and judicial courts. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.

Co-Occurring Entities

Entities frequently referenced alongside Banks:

India(52)New Delhi(44)Finance Ministry(20)Unnamed Finance Ministry Official(12)Private credit lenders(10)Public Sector Banks(5)