Explore the latest updates, insights, and trends from the world of Banking & Finance.
This section covers breaking news on:
Monetary policies, interest rate changes, and RBI announcements
Bank mergers, quarterly results, and financial performance reports
Stock market updates, mutual funds, and investment strategies
Digital banking innovations and fintech developments shaping India’s financial future
Times.Mitra’s Banking & Finance category helps readers stay informed about key developments influencing the economy, markets, and personal finance decisions — all in one place
Bajaj Housing Finance Shares Crash 9% Bajaj Housing Finance witnessed a sharp sell-off on December 2, 2025, with its shares plunging nearly 9% to hit a new 52-week low. The trigger was a large block deal executed by its promoter, Bajaj Finance, which offloaded around 19.5 crore shares — equal to 2.35% of the company’s … Read more
SBI to Modernize Core Banking Systems 📅 Published: November 14, 2025 | Source: Times.Mitra.in India’s largest public sector lender, the State Bank of India (SBI), has announced a sweeping plan to modernize its core banking systems within two years, targeting full implementation by the end of fiscal year 2028. Speaking at the Singapore FinTech Festival … Read more
State Bank of India (SBI), India’s largest lender, has officially approved selling a 6.3% stake in its flagship asset management arm, SBI Funds Management Limited (SBIFML), via an Initial Public Offering (IPO). The move, announced on November 6, 2025, represents a significant milestone in India’s financial markets, positioning SBI to unlock further value from its … Read more
SBI Foundation & ICRISAT Launch SMART-CROP In a landmark move to boost sustainable farming in India’s semi-arid regions, the SBI Foundation, in collaboration with ICRISAT, University of Agricultural Sciences (UAS) Raichur, and Agribridge, has launched the SMART-CROP Project — Sustainable Monitoring and Real-Time Tracking for Crop Resilience and Optimal Practices. This three-year initiative aims to … Read more
A Landmark in India’s Banking Recovery The Indian banking sector marked a major milestone as a Canara Bank-led consortium successfully sold Karanja Terminal and Logistics Pvt Ltd (KTPL)’s ₹520 crore debt to Prudent Asset Reconstruction Company (ARC). Conducted via a transparent Swiss challenge auction, this transaction achieved over 86% recovery, one of the highest ever … Read more
Axis Bank & Hitachi Payment Launch India’s First Digital Banking Point: ‘Express Banking’ In a pioneering leap toward the future of digital finance, Axis Bank, one of India’s leading private sector banks, has joined hands with Hitachi Payment Services to unveil ‘Express Banking’, the first-ever Digital Banking Point in India. This initiative redefines the traditional banking model by seamlessly merging physical … Read more
Paytm & NPCI Launch UPI Services for NRIs: A Game-Changer in Global Digital Payments In a groundbreaking move set to redefine the landscape of digital payments, Paytm, in collaboration with the National Payments Corporation of India (NPCI), has launched Unified Payments Interface (UPI) services for Non-Resident Indians (NRIs). This initiative enables NRIs to link their … Read more
NPCI AI-Powered ‘UPI Help’ to Simplify UPI Transaction Tracking The National Payments Corporation of India (NPCI) has launched an innovative new AI-powered assistant called ‘UPI Help’ to enhance the Unified Payments Interface (UPI) user experience by simplifying grievance redressal, transaction tracking, and mandate management. This smart assistant aims to make digital payments smoother, quicker, and more transparent … Read more
Bank of Maharashtra Declares ₹488 Crore Reliance Communications Loan as Fraud: Details and Implications Bank of Maharashtra has officially classified its ₹488 crore loan exposure to Reliance Communications Limited (RCOM) as fraudulent, adding to the growing list of banks that have tagged RCOM’s loans as fraud amid ongoing investigations. This development underscores serious concerns over … Read more
SoftBank Invests $22.5B in OpenAI AI Expansion SoftBank Group Corp., Japan’s technology and investment giant, has approved an additional $22.5 billion investment in OpenAI, marking a significant step in the company’s aggressive expansion in artificial intelligence. This investment, part of a larger $30 billion commitment, comes with the condition that OpenAI completes a corporate restructuring. … Read more