Banks & institutions
Bank of America Profit Rises as Market Volatility Boosts Trading Revenue
By Cygnus | 14 Jan 2026
Bank of America posted a strong Q4 profit as market volatility lifted trading revenue. The bank also forecast 5%–7% growth in net interest income for 2026.
State Street to Acquire 23% Stake in Groww AMC for ₹580 Crore
By Axel Miller | 14 Jan 2026
State Street Global Advisors will acquire a 23% stake in Groww AMC for ₹580 crore through primary and secondary transactions, with voting rights capped at 4.99%.
CLARITY Act Heads to Senate Markup as Stablecoin Rewards Compromise Tries to Calm Bank Deposit Fears
By Axel Miller | 14 Jan 2026
The Senate Banking Committee will mark up the CLARITY Act on Jan 15, 2026 as lawmakers strike a stablecoin rewards compromise and redefine SEC–CFTC oversight.
BNP Paribas to Pursue Appeal in Sudan Genocide Case After U.S. Judge Certifies Verdict
By Cygnus | 08 Jan 2026
BNP Paribas appeals $20.75M Sudan genocide verdict after U.S. judge certification. Explore the impact of Swiss law on the eurozone’s biggest human rights case.
BNP Paribas in exclusive talks to acquire Mercedes-Benz’s car-leasing arm Athlon in €1 billion deal
By Axel Miller | 18 Dec 2025
BNP Paribas enters exclusive talks to acquire Mercedes-Benz’s Athlon leasing arm for €1 billion. The deal boosts Arval’s fleet to 2.3 million vehicles.
MUFG to bet big on India with $4 billion stake in Shriram Finance
By Cygnus | 17 Dec 2025
Japan’s MUFG to invest $4 billion for 20% stake in India’s Shriram Finance, marking a major push into Indian retail lending.
Indian banks push RBI to double lending cap for mergers as deal activity heats up
By Cygnus | 12 Dec 2025
Indian banks urge RBI to double M&A lending cap to 20% of Tier 1 capital, aiming to compete with foreign lenders in a $69 billion deal market.
HSBC to Pay $300 Million to Settle French Tax Investigation
By Axel Miller | 10 Dec 2025
HSBC agrees to pay approximately $300 million to settle a French criminal investigation into “cum-cum” dividend tax fraud. The deal resolves years of scrutiny by France’s PNF financial prosecutor.
JPMorgan Unveils $1.5 Trillion Strategy to Strengthen U.S. Strategic Industries
By Cygnus | 13 Oct 2025
JPMorgan Chase has announced a sweeping $1.5 trillion investment initiative aimed at bolstering industries vital to the United States’ national security and long-term economic resilience.
RBI keeps policy repo rate unchanged at 5.50% amidst tariff row with US
By Unnikrishnan | 06 Aug 2025
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Wednesday decided to keep the policy repo rate unchanged at 5.50 per cent voted
RBI directs banks to integrate DoT’s Financial Fraud Risk Indicator into their systems
By Unnikrishnan | 03 Jul 2025
Reserve Bank of India (RBI) has directed all financial intermediaries, including scheduled commercial banks, small finance banks, payments banks, and co-operative banks to integrate
RBI lets 30 countries open vostro accounts with Indian banks for rupee trade
08 Feb 2025
Reserve Bank of India (RBI) has permitted correspondent banks from 30 countries to open Special Rupee Vostro Accounts (SRVAs) with banks in India
RBI cuts repo rate by 25 bps to 6.25% as economy slows
07 Feb 2025
Reserve Bank of India (RBI) on Thursday announced a 0.25 basis point reduction in its policy repo rate, effective immediately, in a bid to pump liquidity into a slowing economy.
HSBC plans big retreat in US, Europe as focus shifts to Asia
01 Feb 2025
HSBC, one of the world’s largest banking and financial services groups, is planning to exit some merger and acquisition (M&A) financing and equities businesses in Europe
Go First Airways to be liquidated
21 Jan 2025
The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of budget airline Go First Airways
RBI allows rupee transactions by non-residents using rupee accounts in India
19 Jan 2025
Reserve Bank of India (RBI) has liberalised the extant Foreign Exchange Management Act (FEMA) 1999, facilitating rupee transactions between non-residents
RBI lets HDFC Bank buy up to 9.5% each in AU SFB. Kotak Mahindra and Capital Small Finance Bank
05 Jan 2025
The Reserve Bank of India (RBI) has approved HDFC Bank’s proposal to acquire a 9.5 per cent stake in AU Small Finance Bank, Kotak Mahindra Bank and Capital Small Finance Bank.
RBI keeps repo rate steady, cuts cash reserve ratio to 4%
06 Dec 2024
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Friday (6 December 2024) decided to keep the policy repo rate
RBL Bank ends credit card partnership with Bajaj Finance
02 Dec 2024
RBL Bank has ended its credit card partnership with Bajaj Finance Limited (BFL), calling an end to issue of these co-branded credit cards.
Finance minister wants banks to tame lending rates
19 Nov 2024
Public sector banks in India have overcome the challenges posed by rising non-performing assets and declining profitability, but at a great cost to the borrower, finance minister Nirmala Sitharaman has said.
New central scheme to facilitate guarantee-free loans for higher education
10 Nov 2024
The union cabinet has approved a new scheme under which the Department of Higher Education will facilitate education loans to over 2.2 million students
Supreme Court orders liquidation of Jet Airways as debt resolution fails
08 Nov 2024
The Supreme Court on Thursday ordered the liquidation of Jet Airways in view of the failure to implement the debt resolution plan under some
StanChart India sells Rs4,100-cr personal loan portfolio to Kotak Mahindra Bank
20 Oct 2024
Standard Chartered Bank, India (StanChart) is selling around Rs4,100 crore ($490 million) of outstanding personal loans to Kotak Mahindra Bank Ltd (KMBL).
RBI keeps policy repo rate unchanged at 6.5% with focus on inflation
10 Oct 2024
The Monetary Policy Committee (MPC) of the Reserve Bank of India, at its meeting on Wednesday, decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.
Sabadell shareholders accuse BBVA of worsening its bid with modified offer
04 Oct 2024
Shareholders of Spanish bank Banco Sabadell have accused its larger peer BBVA of “worsening” the takeover offer by announcing a modification to the original bid offer, undervaluing the bank further.
Latest articles
Featured articles
India’s Gig Economy Reset: The End of ‘10-Minute Delivery’ Hype?
By Cygnus | 14 Jan 2026
India’s quick-commerce sector is shifting away from “10-minute delivery” hype amid worker safety concerns and rising regulation. Here’s what changes—and what doesn’t.
AI Is Becoming the New Electricity Crisis: Why the Real Bottleneck Is Megawatts
By Axel Miller | 14 Jan 2026
AI is turning into an electricity crisis as data centres scale from chips to megawatts. Grid bottlenecks, copper demand and cooling limits are now the real AI constraints.
The New Oil: Can Technology End the Rare Earth Dependency?
By Cygnus | 14 Jan 2026
Magnet recycling and rare-earth-free motors are emerging as technology escape routes from critical mineral dependency. But timelines are slower than the hype suggests.
The New Oil: Inside the Processing Gap — Why Mining Alone Won’t Fix the Critical Minerals Crisis
By Cygnus | 13 Jan 2026
Mining isn’t the real bottleneck in critical minerals. The 2026 processing gap — refining, separation and chemical conversion — is the chokepoint reshaping global supply chains, industrial policy and geopolitics.
The Battle for the Skies: Air India’s Widebody Bet vs IndiGo’s XLR Gambit
By Cygnus | 12 Jan 2026
Air India vs IndiGo fleet strategy 2026: Air India expands with new Boeing 787-9 widebodies while IndiGo uses A321XLR efficiency and IndiGoStretch to reshape long-haul economics.
The Custom Dreamliner: Air India Reclaims Its Skies with First Post-Privatisation 787-9
By Axel Miller | 12 Jan 2026
Air India’s comeback under Tata enters a new phase as its first post-privatisation custom Dreamliner strengthens the fleet renewal push for premium long-haul travel.
The New Oil: How the 2026 lithium and graphite bottleneck could stall global EV growth
By Cygnus | 12 Jan 2026
Lithium and graphite are emerging as the key EV bottlenecks in 2026 as South America expands mining while China dominates processing and battery-grade conversion.
The New Oil: How the 2026 Rare Earth Shock Is Reshaping the Global Economy
By Cygnus | 09 Jan 2026
Japan launches a 6,000m deep-sea mission as China restricts rare earth exports. Discover how the 2026 “New Oil” crisis is redefining global high-tech trade.
ISRO’s PSLV-C62 Launch Signals India’s Next Phase in Earth Observation and Orbital Innovation
By Axel Miller | 08 Jan 2026
ISRO’s PSLV-C62 mission, launching January 12, 2026, combines EOS-N1 Earth observation with private-sector technology demonstrations, signalling India’s evolving space strategy.
