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Private sector banks

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

8 Stories Indexed
Last Updated: Just Now
Verified Entity Intelligence
Banking, Fintech & Insurance Just now (10:00 AM IST)

Indian banks move to align project finance lending norms to curb arbitrage

Indian banks are working on a common framework for project finance lending in a bid to reduce regulatory arbitrage, improve consistency in underwriting, and limit divergent audit findings across lenders. The discussions are expected to bring together state-run and private banks to agree on shared parameters for assessing and monitoring long-gestation projects.

By RDU Global Wire5 min read
Banking, Fintech & Insurance7h ago

RBI Bulletin Flags India's 7.8% Growth Resilience Amid West Asia Shock, Inflation Pressures and Banking Funding Debate

The Reserve Bank of India's September 2026 Bulletin presents an economy that remains notably resilient despite renewed geopolitical tensions in West Asia, rising energy prices and volatile global markets. Alongside reporting 7.8% growth in the first quarter of 2026-27, the Bulletin argues that a higher credit-deposit ratio alone is not a reliable sign of banking stress and points to strong foreign exchange reserves, FDI inflows and narrowing trade deficits as key buffers.

8 min readRead →
Startups & Venture Capital2h ago

IIT Madras, Unicorn India Ventures Close First Rs 450 Crore Deeptech Fund

IIT Madras, IIT Madras Research Park and Unicorn India Ventures have announced the first close of their deeptech-focused IITM Unicorn Frontier Fund I at Rs 450 crore, setting up one of India's most targeted early-stage technology vehicles. The fund has already deployed nearly Rs 55 crore across four startups and aims to back 25 companies in sectors ranging from defence tech and spacetech to semiconductors, robotics and healthtech.

5 min readRead →
World Politics & Diplomacy11h ago

Pope Leo XIV Hails Youth 'Energy and Commitment' as 700,000 Pack Paris Mass

Pope Leo XIV drew an estimated 700,000 worshippers to an open-air Mass in Paris, praising young Catholics for the "enthusiasm, energy and commitment" they bring to the Church. The event, staged on the Place de la Concorde during his four-day visit to France, blended religious pageantry with political symbolism, as senior French figures and presidential hopefuls looked on.

5 min readRead →
National Governance & Policy2h ago

Tamil Nadu orders Rs 50 daily food allowance for 24,264 Chennai sanitation workers

The Tamil Nadu government has ordered a daily food allowance of Rs 50 for 24,264 conservancy workers of the Greater Chennai Corporation, replacing the meals currently supplied to them. The move follows a worker survey in which about 92% said they preferred cash support over the existing food scheme, citing persistent complaints over meal quality and delivery.

4 min readRead →
National Governance & Policy5h ago

Telangana eyes tourism coupons to lure Hyderabad IT workers into weekend travel boom

The Telangana government is weighing a new "Tourism Coupons" initiative aimed at encouraging Hyderabad's large IT workforce to travel across the state on weekends, in a bid to expand domestic tourism and spotlight lesser-known destinations. The proposal comes alongside a much larger push to use AI, digital tools and private investment to position Telangana as a major tourism hub, with officials now targeting Rs 50,000 crore in tourism investments and 5 lakh jobs.

5 min readRead →

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Corporations, startups, regulatory bodies, central banks, ministries and judicial courts. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.

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