Latest Updates Around The World
Feeling ashamed because you don’t handle money well is more common than you might think. Whether you’re struggling to stick to your budget, falling into debt, or feeling like you’re falling behind others financially, these feelings can weigh heavily. But money mistakes don’t define your worth, and it’s never too late to turn things around. […]
Debt is a part of life for many people, but when does ‘too much’ cross the line? Understanding how debt affects your finances and life is the key to maintaining control. This article discusses how to evaluate your debt level, what the warning signs are if you’re taking on too much debt, and how to […]
Minutes from the Federal Reserve’s Dec. 9-10 FOMC meeting show most officials favor further rate cuts if inflation eases, though they remain divided on timing and size. | Photo credit: SARAH SILBIGER/Reuters Most Federal Reserve officials saw additional interest rate cuts as appropriate as long as inflation declines over time, though they remained divided on […]
Private sector lender RBL Bank said it has appointed Deepak Ruiya as interim Chief Financial Officer (CFO) with effect from Tuesday until the appointment of a new CFO. The bank has also appointed Jaideep Iyer, head of strategy, as its new executive director (ED) for three years, effective February 21, 2026, according to an exchange. […]
The central bank said it initiated the consolidation process of UCBs in 2004-05, including the merger of non-viable UCBs with their viable counterparts, the closure of non-viable UCBs and the suspension of the issuance of new licenses. | Photo credit: FRANCIS MASCARENHAS The number of urban cooperative banks (UCBs) fell by 15 to 1,457 in […]
close-up image of a man counting Indian currency istock photo for BL | Photo credit: iStockphoto Lending by non-banking finance companies (NBFCs) has increased over the years, underscoring their growing importance in financial intermediation, rising to 15 percent of gross domestic product (GDP) in March 2025, compared to 14 percent a year ago, according to […]
Saving money concept Man hand putting row and coin Writing Finance Saving money concept Man hand putting row and coin Writing Finance | Photo credit: SARINYAPINNGAM Small finance banks (SFBs) saw their asset quality and profitability deteriorate in 2024-25, while their credit-deposit ratio (CD) improved, according to the Reserve Bank of India’s trends and progress […]
ULI brings together financial services companies (FIPs) and multiple data providers through a standardized, protocol-driven architecture and an open application programming interface (API) framework. | Photo credit: PRASHANTH VISHWANATHAN A total of 64 lenders, including 41 banks and 23 non-banking finance companies (NBFCs), have been onboarded the Reserve Bank of India’s ULI (Unified Lending Interface) […]
The share of PSBs in the total advances of SCBs increased to 56.2 percent | Photo credit: istock.com The share of public sector banks (PSBs) in the consolidated balance sheet (total assets/liabilities) of Scheduled Commercial Banks (SCBs) fell from 55.2 per cent at end-March 2024 to 54.9 per cent at end-March 2025, according to RBI’s […]
Among major lenders, SBI and HDFC Bank reported marginal increases, while ICICI Bank recorded a sharp decline in headcount. | Photo credits: iStock Private sector banks reported a decline in total employees in FY25, while their state-owned peers saw a marginal increase, data released by the RBI on Monday showed. According to the data, the […]
