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
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
RBI Sets Digital Rupee Wallet Rules: No Minimum Balance, ₹1 Lakh Limit The Reserve Bank of India (RBI) has outlined a clear operational structure for users of its newly launched Offline Digital Rupee (e₹) wallets. The central bank confirmed that wallets will carry no minimum balance requirement, while daily transactions are capped at ₹50,000 or 20 transfers, and wallet balances cannot exceed … Read more