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Non-Banking Financial Company

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Automotive, EVs & Mobility 03 Oct 2026, 04:20 AM IST

Jammu and Kashmir Notifies Six-Year Electric Vehicle Policy to Accelerate Clean Mobility

The Jammu and Kashmir government has notified its Electric Vehicle Policy 2026, setting out a six-year roadmap to expand clean, affordable and weather-resilient electric mobility across the Union Territory. The policy is designed to support wider EV adoption, strengthen charging infrastructure and align transport planning with fiscal and environmental priorities.

By RDU Global Wire5 min read

Banking, Fintech & Insurance16 Oct 2026, 12:35 AM IST

Scindia Sets Out Banking Expansion Push for Northeast at Agartala Conclave

Union Minister Jyotiraditya M. Scindia used the North East Bankers' Conclave 2.0 in Agartala to outline a broader push to deepen banking access across the region, including more branches and ATMs in underserved areas. The event also underscored the role of coordinated action between banks and government in turning financial inclusion into tangible economic opportunity for households and small businesses.

5 min readRead →

Global Markets & Equities15 Oct 2026, 03:41 PM IST

Perella Weinberg and Piper Sandler End Merger Talks, Halting a Potential $6 Billion Investment Banking Tie-Up

Perella Weinberg Partners and Piper Sandler have abandoned merger discussions, according to reports, ending talks over a potential combination that could have created a larger player in investment banking and advisory. The collapse of the negotiations sent Perella shares sharply lower and underscores how difficult it remains for mid-sized Wall Street firms to strike transformative deals in a volatile market.

6 min readRead →

Banking, Fintech & Insurance14 Oct 2026, 09:34 PM IST

HSBC taps Cantor’s Paras Jain to lead global TMT banking, sources say

HSBC has hired Paras Jain from Cantor Fitzgerald to lead its global technology, media and telecom investment banking franchise, with Jain expected to start in November, according to sources familiar with the matter. The move underscores HSBC’s push to concentrate resources on businesses where it believes it can win market share, particularly in Asia and the Middle East’s fast-growing tech sectors.

5 min readRead →

Banking, Fintech & Insurance14 Oct 2026, 07:53 AM IST

RBI Tightens Daily Cash Reserve Rule to 99% as It Moves to Drain Banking Surplus

The Reserve Bank of India will raise the minimum daily cash reserve maintenance requirement for banks to 99% from 90%, effective from the fortnight beginning October 16, 2026. The move is designed to reduce surplus liquidity in the banking system and leaves lenders with far less operational flexibility in managing reserve balances across the maintenance period.

6 min readRead →

Banking, Fintech & Insurance14 Oct 2026, 04:07 AM IST

Citi Profit Jumps 40% as Wealth, Services and Banking Gains Offset Trading Weakness

Citigroup reported a 40% year-on-year rise in third-quarter profit, powered by stronger investment banking, services and wealth revenue even as trading and credit card earnings softened. The results underscore progress in CEO Jane Fraser’s restructuring plan, though the bank still faces uneven performance across its businesses and a more volatile market backdrop.

5 min readRead →

Banking, Fintech & Insurance14 Oct 2026, 03:05 AM IST

HDFC Bank Proposes Rs 35.9 Crore Pay Package for Incoming CEO Anup Bagchi, Setting a New Benchmark for Indian Banking

HDFC Bank has proposed an annual compensation package of up to Rs 35.90 crore for incoming chief executive Anup Bagchi, with the total potentially rising to Rs 43.24 crore if performance-linked stock awards are fully realised. The package, subject to shareholder approval, would place Bagchi among the highest-paid bank leaders in India and underscores the lender’s push to reinforce growth, execution and investor confidence after a period of sector-wide margin pressure.

5 min readRead →

Banking, Fintech & Insurance16 Oct 2026, 12:35 AM IST

RBI Opens Account Aggregator Network to Interoperability, Easing Financial Data Sharing for Consumers

The Reserve Bank of India has moved to make the Account Aggregator framework interoperable, allowing customers to share financial data across platforms without being locked into a single provider. The change is designed to simplify consent-based information flows between banks, lenders and consumers, while preserving the central role of user authorization.

5 min readRead →

Global Markets & Equities15 Oct 2026, 09:30 PM IST

Wyoming Quietly Rises to the Top of America’s Financial Rankings

A sparsely populated Republican stronghold has emerged as an unlikely leader in America’s financial rankings, underscoring how tax policy, business formation, and resource wealth can outweigh population size. The state’s ascent highlights a broader shift in where capital, incorporations, and balance-sheet strength are concentrating across the United States.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 04:22 PM IST

Finance Ministry to Review Bank-Led Push on Financial Inclusion on Tuesday

The Finance Ministry will meet heads of banks on Tuesday to assess the progress of India’s flagship financial inclusion programmes, including Jan Dhan, Mudra, and key insurance schemes. The review is expected to focus on account penetration, credit access for small businesses, and the depth of social security coverage across the banking system.

6 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 02:19 PM IST

Cyberattacks Hit 20 Financial Institutions as CERT-In Flags API Weaknesses

Around 20 financial institutions were targeted in cyberattacks earlier this month, with attackers allegedly using stolen partner-bank credentials and weaknesses in payment APIs to divert funds. India’s CERT-In has since warned banks, NBFCs and fintech firms to suspend compromised interfaces, tighten transaction controls and strengthen customer verification.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 01:58 PM IST

Cyberattacks Hit 20 Financial Institutions as CERT-In Flags API Weaknesses

Around 20 financial institutions were hit by cyberattacks earlier this month after hackers allegedly used stolen partner-bank credentials and weaknesses in payment application programming interfaces to divert funds, according to the emerging account. India’s cyber agency, CERT-In, has since urged banks, NBFCs and fintech firms to suspend compromised interfaces, harden transaction controls and tighten customer verification.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 01:38 PM IST

Finance Ministry to Review Bank-Led Push on Financial Inclusion on Tuesday

The Finance Ministry will meet heads of banks on Tuesday to assess the pace and reach of India’s financial inclusion agenda, with a particular focus on flagship schemes such as Jan Dhan, Mudra, and key social security programmes. The review is expected to examine how effectively banks are expanding access to savings, credit, insurance, and entrepreneurship support across underserved segments.

6 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Non-Banking Financial Company:

Reserve Bank of India(1)New Delhi(1)Jammu and Kashmir Government(1)Jammu and Kashmir(1)India(1)Banking sector(1)