Banks & institutions
US SEC seeks court nod to serve Gautam, Sagar Adani by email as India route stalls
By Axel Miller | 23 Jan 2026
The US SEC asked a Brooklyn court to allow email service to Gautam and Sagar Adani after India rejected summons requests twice, stalling a civil case tied to Adani Green.
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Supreme Court issues fresh notice to Anil Ambani, ADAG in PIL alleging ₹1.5 lakh crore fraud
By Axel Miller | 23 Jan 2026
The Supreme Court issued fresh notice to Anil Ambani and ADAG in a PIL alleging a ₹1.5 lakh crore banking fraud and sought sealed status reports from the CBI and ED.
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Trump Sues JPMorgan and CEO Jamie Dimon for $5 Billion Over Alleged Political ‘Debanking’
By Axel Miller | 23 Jan 2026
Trump filed a $5 billion lawsuit against JPMorgan and CEO Jamie Dimon in Florida, alleging politically motivated debanking after January 6. JPMorgan calls it without merit.
Bank of Baroda, IIFCL Sign MoU to Strengthen Infra Financing via Joint Lending and Loan Syndication
By Axel Miller | 21 Jan 2026
Bank of Baroda and IIFCL signed an MoU to expand joint lending and loan syndication for infrastructure projects as India accelerates green and long-tenure capex.
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.
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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
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Featured articles
Budget 2026-27 Seeks Fiscal Balance Amid Rupee Volatility and Industrial Stagnation
By Cygnus | 02 Feb 2026
India's Budget 2026-27 targets fiscal discipline with record capex as markets tumble, the rupee weakens and manufacturing struggles to regain momentum.
The Thirsty Cloud: Why 2026 Is the Year AI Bottlenecks Shift From Chips to Water
By Axel Miller | 28 Jan 2026
As AI server density surges in 2026, data centers face a new bottleneck deeper than chips — the massive water demand required for cooling next-generation infrastructure.
The New Airspace Economy: How Geopolitics Is Rewriting Aviation Costs in 2026
By Axel Miller | 22 Jan 2026
Airspace bans, sanctions and corridor risk are forcing airlines into costly detours in 2026, raising fuel burn, reducing aircraft utilisation and pushing airfares higher worldwide.
India’s Data Center Arms Race: The Battle for Power, Cooling, and AI Real Estate
By Cygnus | 22 Jan 2026
India’s data centre boom is turning into an AI arms race where power contracts, liquid cooling and fast commissioning decide the winners across Mumbai, Chennai and Hyderabad.
India’s Oil Balancing Act: Refiners Rebuild Middle East Supply Lines as Russia Flows Disrupt
By Axel Miller | 21 Jan 2026
India’s refiners are rebalancing crude sourcing as Russian imports fell to a two-year low in December 2025, lifting OPEC’s share and raising geopolitical risk concerns.
Arctic Fever: How ‘Greenland Tariff’ Politics Sparked a Global Flight to Safety
By Axel Miller | 20 Jan 2026
Greenland-linked tariff threats have injected fresh uncertainty into transatlantic trade, triggering a risk-off shift in markets and reshaping global supply chain planning.
The New Oil (Part 5): Friend-Shoring, Supply Chain Fragmentation and the Cost of Resilience
By Cygnus | 19 Jan 2026
Friend-shoring is reshaping lithium, rare earth and graphite supply chains, creating a resilience premium and new winners and losers in clean tech.
The New Oil (Part 4): Can Technology Break the Dependency?
By Cygnus | 16 Jan 2026
Can magnet recycling and rare-earth-free motors reduce global dependence on strategic minerals? Part 4 explores breakthroughs, limits and timelines.
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.
