BANKING

ICICI Lombard General Insurance reported an accidental WhatsApp post of draft financial results. A company official shared unaudited figures for the quarter and nine months ending December 2025. The post was made on January 9 and deleted within an hour. The company has informed stock exchanges. Investors are cautioned against relying on this information.

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BANKING

Indian exporters received a significant boost with Rs 3,361.83 crore sanctioned under the Credit Guarantee Scheme for Exporters. This initiative aims to support businesses facing global trade headwinds. The scheme, operational since December 1, 2025, provides 100 per cent credit guarantee coverage. Banks have also reported record profits, indicating a strong financial sector.

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BANKING

PhonePe Payment Gateway has introduced 'PhonePe PG Bolt' for Visa and Mastercard card transactions. This new feature uses device tokenization for secure and fast in-app checkouts. Users can save their cards once on the PhonePe app. This allows for one-click payments across integrated merchants. The system removes the need for CVV entry on subsequent transactions.

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BANKING

NBFCs' share of aggregate gold loans fell by nearly 20 percentage points over the past five years to 50.3% as of March 2025, from 69.4% in 2020. In the same period, banks increased their share to 49.7% from 30.6%, data showed.

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BANKING

The Delhi High Court has directed the Reserve Bank of India to detail its enforcement actions regarding digital lending rules. This comes after a public interest litigation alleged several digital lending apps illegally accessed borrower data without consent. The court seeks to understand the RBI's steps to ensure compliance with its Digital Lending Guidelines, 2025.

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BANKING

India Infrastructure Finance Corp Ltd is actively exploring opportunities to broaden its investment horizons, delving into sectors such as aviation, electric mobility, and extraterrestrial infrastructure. This strategic expansion is designed to bolster sustainable initiatives and drive innovation.

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BANKING

The meeting will be chaired by financial services secretary M Nagaraju, with representatives from the General Insurance Council, the Association of Healthcare Providers (India) and senior executives from insurers and hospital chains.

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