Savings Effect

Indian banks may need another $15 billion in next 20 months

WhiteOak Capital MF launches its first fund of funds focused on small-cap equities

IRDAI proposes changes to motor insurance, including more customer choice, digital buying and safeguards around dealer-linked sales.

🚨📉 Bajaj Finance shares fall 5% as company plans to seek approval for capital raise

NSE Listing: Ashish Kumar Chauhan on ringing the bell for the fifth time

Rupee weakens to 95.83 against dollar: Factors shaping the currency today

Cyclone 'Arnab' threat: Odisha, Andhra likely to witness heavy rains as Bay of Bengal system nears coast

💰 In The Loop: Money is set to get tighter. From rising rates and market risks to the NSE IPO, UPI fees, AI and India’s growing power needs — the latest In The Loop brings together the key stories shaping markets and business.

Despite a flat 0.84% debut, NSE shares quickly gained momentum, shifting investor focus to its long-term valuation and growth prospects.

Bank unions are planning a three-day strike from September 28 over demands including a five-day work week and withdrawal of the PLI scheme. Today's BS Editorial calls for negotiations that take into account the interests of employees, customers and banks.

Traders and business associations across India have announced a “No UPI Day” on October 2 to protest the 0.4% MDR on UPI transactions above ₹2,000 from October 15. They plan to cover UPI scanners, QR codes, sound boxes and other related devices with black cloth as a mark of protest on October 2, which is also observed as Gandhi Jayanti across the country.

NPCI clarified that the GST on new UPI rates won't impact over 96% of small merchants, as transactions under ₹2,000 and monthly volumes up to ₹1 lakh are exempt from MDR