The Reserve Bank of India's 2024 norms for the voluntary conversion of Small Finance Banks (SFBs) into universal banks, particularly the subjective 'diversified loan portfolio' criterion, are proving to be a significant hurdle, with Ujjivan SFB and Jana SFB having their applications returned.
The Reserve Bank of India (RBI) on Tuesday came out with a draft framework on declaration of dividend by banks, as it proposed capping dividend payout to shareholders at 75 per cent of their net profit-- also called profit after tax (PAT).
Uttam Ghosh mourns the victims of the cable bridge tragedy on the Machchhu river in Gujarat's Morbi on Sunday evening in which more then 135 people lost their lives.
A Lenovo study reveals that Indian enterprises are planning to increase their investments in Artificial Intelligence (AI) at a higher rate than other countries in the Asia-Pacific region.
Retail inflation stood at 2.75 per cent in January under the new series of All India Consumer Price Index (CPI), with 2024 as the base year, released on Thursday.
The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.
Indian banks are urging the Reserve Bank of India (RBI) to reconsider its new $100 million cap on net open foreign-exchange positions, warning that the directive could lead to significant mark-to-market (MTM) losses and force an accelerated unwinding of trades, potentially impacting FY26 earnings.
'Multi-asset funds have cornered 30 per cent of hybrid fund inflows in 2025, reflecting a growing preference for diversified portfolios that combine equity, debt and commodities.'
India has resumed issuing tourist visas to Chinese nationals through its missions and consulates worldwide, marking a step towards rebuilding ties after the resolution of the eastern Ladakh military stand-off.
Maharashtra's Sarvesh Anil Kushare and Tamil Nadu's Vithya Ramraj secured victories in high jump and 400m hurdles respectively at the Indian Athletics Series in Ranchi. Sarun Payasingh also won the men's long jump event.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
The Indian government has extended the Reserve Bank of India's (RBI) mandate to maintain retail inflation at 4 per cent, with a tolerance band of 2 per cent on either side, for another five years until March 2031.
The Indian rupee weakened against the US dollar due to rising crude oil prices, geopolitical tensions in the Middle East, and foreign fund outflows.
Uttam Ghosh offers his take on Russia's Invasion of Ukraine.
Net foreign direct investment (FDI) remained negative in November 2025 for the third consecutive month, mainly due to high repatriation, the Reserve Bank of India (RBI) said in its January bulletin.
Uttam Ghosh offers his take on the upheavals in the sub-continent this past week.
The Supreme Court allowed a pregnant woman and her child into India on humanitarian grounds after they were pushed into Bangladesh.
The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.
Uttam Ghosh offers his take on Bihar's latest political drama.
India is the second-most-preferred destination among chief executive officers planning international investments - up from the fifth spot last year, according to PwC's 29th Annual Global CEO Survey released on Tuesday. The United States is their first choice.
Uttam Ghosh's take on the Congress presidential election.
Business confidence in India Inc rose to a five-quarter high in December quarter of FY26, amid further reform expectations and steady domestic demand, a survey by industry body Confederation of Indian Industry (CII) showed. The CII Business Confidence Index (BCI) rose for the third consecutive quarter to 66.5 in the December quarter from 66 in the preceding September quarter.
Six banks that reported their quarterly business updates for the October-December (Q3FY26) quarter on Friday recorded double-digit growth in their loan books compared with a year ago. Deposits also posted healthy growth during the period.
Uttam Ghosh offers his take on Russia's terrifying nuclear threats.
Uttam Ghosh offers his take on how Uttar Pradesh voted
Uttam Ghosh's take on the Big Ministerial Shuffle.
Uttam Ghosh offers his take on the plight of stranded Indian students in Ukraine.
The life insurance industry recorded nearly 40 per cent year-on-year (Y-o-Y) growth in new business premiums (NBP), aided by the rationalisation of goods and services tax (GST) on individual life insurance premiums, which has made policies more affordable for consumers.
Uttam Ghosh offers his take on BJP leader Nitin Gadkari's recent comment that 'Democracy runs on two wheels -- the ruling dispensation and the Opposition'.
Uttam Ghosh offers his take on the Aam Aadmi Party's victory in the Punjab election and Arvind Kejriwal's aspirations to go National.
Uttam Ghosh wonders whether Meta will be a kinder, gentler and non toxic version of Facebook and its progeny WhatsApp.
The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating expenses in the October-December quarter (Q3FY26) due to the statutory impact of the new labour Codes.
Uttam Ghosh offers his take on Gautam Adani's hostile takeover attempt of Radhika and Prannoy Roy's NDTV.
The Supreme Court has agreed to hear a Public Interest Litigation (PIL) in March seeking action against political parties that promise or distribute 'irrational freebies' before elections. The PIL argues that such practices unduly influence voters and undermine the fairness of the electoral process.
Uttam Ghosh offers his take on the brutal political violence in Mamata Banerjee's Bengal.
Uttam Ghosh offers his take on the current upheaval in the Shiv Sena.
Uttam Ghosh offers his take on the Enforcement Directorate being deployed to intimidate the ruling regime's political opponents.
Uttam Ghosh offers his take on issues that raise the MEA's hackles.
Uttam Ghosh offers his take on Kapil Sibal's revelation that he quit the Congress, a party of which has been a member of for 30 years, last week.
