Private bank attrition eases in FY26 amid digitisation-led workforce cuts
Private sector banks like ICICI Bank, Axis Bank, and Kotak Mahindra Bank are seeing fewer employees leaving their jobs (this is called attrition). 🔍 Why is attrition decreasing? Banks are using more technology and digital systems Work is becoming more efficient Because of this, banks don’t need as many employees as before So instead of […]
RBI policy transmission lowers fresh loan rates faster in FY26
The Reserve Bank of India (RBI) adopted an accommodative monetary policy stance during late FY25 and FY26, along with multiple rate cuts. This resulted in a broad-based reduction in lending rates across various sectors, according to a report by CareEdge Ratings. The report highlights that the impact of these rate cuts was more noticeable in […]
Primus, HDFC Capital to set up Rs 2,000 crore senior living platform
Primus Senior Living and HDFC Capital are coming together to launch a large investment initiative worth ₹2,000 crore to develop senior living housing projects in India. Detailed Explanation: Who is involved?Primus Senior Living (a company that builds and manages homes for elderly people) and HDFC Capital (the real estate investment arm of HDFC Group). What […]
Banking system liquidity falls to over 3-week low as credit growth picks up
Banking system liquidity dropped to its lowest level in over three weeks due to a rise in credit demand, according to recent data from the Reserve Bank of India (RBI). The net liquidity surplus stood at ₹2,884 crore on Wednesday, the lowest since June 29, when the system had a deficit of ₹13,077 crore, as […]
Large Indian banks revive dollar bond plans after period of lull
A number of Indian banks are getting ready to raise funds through dollar bonds ahead of the Reserve Bank of India’s (RBI) concessional swap window closing in December, aiming to benefit from reduced hedging expenses. Lenders such as HDFC Bank, ICICI Bank, Federal Bank, Punjab National Bank (PNB), State Bank of India (SBI), Bank of […]
NEET Protest Explained: Latest Updates, & Student Concerns

NEET Protest Explained: Latest Updates, Why Students Are Raising Concerns & What Students Should Know The National Eligibility cum Entrance Test (NEET) is one of India’s most competitive entrance examinations for students aspiring to pursue MBBS, BDS, AYUSH and other medical courses. Every year, millions of students appear for the examination, making it one of […]
Ethanol E85 Fuel in India: Benefits, Price, Mileage, Compatible Cars & FAQs

India’s automotive and energy sectors are undergoing a significant transformation. As fuel prices continue to fluctuate and environmental concerns become more important, cleaner and more sustainable fuel alternatives are receiving increased attention. One of the latest developments attracting public interest is E85 fuel. If you’ve recently heard about E85 in the news or on social […]
Indian Overseas Bank to resume dividend payments after 12 years; board approval
Indian Overseas Bank (IOB) has resumed paying dividends after a gap of 12 years, showing a strong turnaround in its financial health. The bank had earlier faced high bad loans, with net NPA peaking at 7.41%, which led the RBI to place it under the Prompt Corrective Action (PCA) framework. However, with improved asset quality, […]
Outward LRS remittances rise 3.6% to $2.39 billion in May 2026
Outward remittances under the Liberalised Remittance Scheme (LRS) for resident individuals grew 3.6 per cent year-on-year (Y-o-Y) to $2.39 billion in May 2026, driven by a surge in overseas investments, according to Reserve Bank of India (RBI) data. The data showed that deposit-related remittances more than doubled to $118.12 million in May, compared with […]
Rupee falls 11 paise to 96.36 against US dollar during early trade
The rupee slipped by 11 paise to 96.36 against the US dollar in early trading on Wednesday, weighed down by rising crude oil prices and increased geopolitical tensions. Demand for the US dollar also strengthened as investors shifted toward safe-haven assets. Forex traders noted that concerns over the safety of oil shipments passing through the […]