India's Credit Card Base Crosses 119 Million Mark
India's credit card market has expanded to 119 million active cards, with PSU banks gaining share in spends.
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India's credit card market has expanded to 119 million active cards, with PSU banks gaining share in spends.
The RBI has directed banks to proactively offer loan relief measures to borrowers affected by natural calamities from July 1, 2026.
The 594-km Ganga Expressway, India's longest expressway, was inaugurated in Uttar Pradesh, featuring a 3.5-km airstrip and 453 underpasses.
PM Modi flagged off two new Amrit Bharat Express trains — Banaras-Pune and Ayodhya-Mumbai — taking the total operational Amrit Bharat Express services to 64.
Virat Kohli became the first player in IPL history to reach 9,000 runs, achieving the milestone against Delhi Capitals in IPL 2026.
India defeated Australia 5-0 in the Thomas Cup 2026 group stage, showcasing dominance in badminton's premier men's team championship.
Kenyan runner Sabastian Sawe ran the marathon in 1:59:30 at the London Marathon, becoming the first human to officially break the 2-hour barrier in a race.
The RBI's Monetary Policy Committee kept the benchmark repo rate at 5.25% while maintaining a neutral stance, citing global uncertainties from the ongoing West Asia conflict.
The 8th Central Pay Commission scheduled meetings with government employee unions and associations from April 28-30, 2026 in New Delhi.
Axis Bank reported a slight dip in Q4 FY26 net profit due to trading losses and increased provisions, though asset quality showed improvement.
The RBI cancelled the banking license of Paytm Payments Bank Ltd (PPBL) for persistent regulatory violations, including non-compliance with KYC norms.
RBL Bank reported a 233% surge in Q4 FY26 profit to ₹230 crore while L&T Finance posted a 27% jump to ₹807 crore, reflecting strong banking sector performance.
SEBI celebrated its 38th foundation day with Chairman Tuhin Kanta Pandey announcing plans to simplify regulations and boost technology-led market oversight.
Former Chief Economic Adviser Ashok Lahiri is set to become the new NITI Aayog Vice-Chairman, replacing Suman Bery, with Gobardhan Das joining as member.
IndusInd Bank beat Q4 FY26 profit estimates, with fewer new bad loans emerging — a significant recovery after the bank's biggest-ever quarterly loss due to derivative misaccounting in the previous year.
Jio Financial Services (JFSL) and Germany's Allianz Group announced a joint venture to offer general and health insurance in India, with a separate binding agreement for life insurance also in the works.