RBI Says Digital Banking Cannot Be Made Mandatory

By BPN News Desk November 30, 2025

Business Finance

The Reserve Bank of India has clarified that banks cannot force customers to adopt digital banking in order to access other essential services. The clarification comes under the updated digital banking framework, which emphasises customer consent and financial inclusion. Consent Required Before

Business Finance

RBI Supports Lifting of Acquisition Financing Curbs

By BPN News Desk November 7, 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra has stated that the recent removal of restrictions on bank financing for corporate acquisitions will boost the real economy. The move follows regulatory changes permitting banks to provide funding for acquisitions, subject to safeguards such as limiting financing to 70% of deal value and placing debt-to-equity caps. […]

Business Finance

India Eyes Creation of Large World-Class Banks – Nirmala Sitharaman

By BPN News Desk November 7, 2025

India’s Finance Minister Nirmala Sitharaman has affirmed that the country needs significantly larger, globally competitive banks to support its economic ambitions. She stated that discussions are already underway with the Reserve Bank of India (RBI) and existing lenders to explore how this goal might be achieved. Possible Paths to Bigger Banks At the 12th SBI […]

Business Finance

Axis Bank Shares Rise Despite Profit Drop

By BPN News Desk October 16, 2025

Axis Bank reported a 26 % year-on-year drop in net profit for Q2 FY26, down to ₹5,090 crore. The decline was driven by a sharp rise in provisions, including a one-time ₹1,231 crore standard asset provision linked to discontinued crop loans. Core performance shows resilience Despite the earnings hit, the bank’s core business held steady. […]

International

Bangladesh Financial System Faces Deep Crisis

By BPN News Desk September 25, 2025

Bangladesh is grappling with a severe financial crisis as loan defaults surge across banks and non-bank institutions. According to central bank data, defaulted loans had reached about Tk 6 lakh crore by June 2025. Analysts warn that when hidden defaults—those under court proceedings, write-offs, or stay orders—are fully accounted for, the total could approach Tk […]