RBI sells USD 14.9 bn during Jan-May to check excess volatility in rupeeIn an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...
03 Aug, 2026, 06.35 PM IST
Assam flood toll reaches 80, over 2 lakh people affectedAssam floods have claimed eighty lives, affecting over two lakh people in eight districts. The state government announced a six-month loan ...
31 Jul, 2026, 11.48 AM IST
Farmer denied Central govt subsidy on dairy loan: Federal Bank ordered to pay Rs 1.7 lakh; court says bank failed to give NABARD the claim details for nearly seven yearsFarmer denied Central govt subsidy: A Kerala consumer commission has ordered Federal Bank to pay Rs 1.76 lakh to a dairy farmer from Kannur...
29 Jul, 2026, 04.47 PM IST
Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
29 Jul, 2026, 08.21 AM IST
Himachal Pradesh State Cooperative Bank to suspend digital banking services from July 17-22 for core banking system upgradeHimachal Pradesh State Cooperative Bank will suspend services from July 17 to July 22. This temporary closure is for migrating to the Finac...
16 Jul, 2026, 11.01 AM IST
HDFC Bank gets RBI nod to appoint Rajiv Kumar as part-time chairmanHDFC Bank received RBI approval for Rajiv Kumar's appointment as part-time chairman. His three-year term as chairman will begin on July 15,...
15 Jul, 2026, 05.35 PM IST
FCI calls media reports of Rs 1,160 crore ethanol rice diversion 'factually incorrect'The Food Corporation of India has denied reports of a large-scale rice diversion for ethanol. Investigations are focused on a small quantit...
14 Jul, 2026, 10.29 AM IST
Sow seeds for smart farming as the next revolution might not be just about higher yieldsIndia is strengthening agricultural climate resilience using data and technology. Digital public goods like DiCRA aid vulnerability assessm...
09 Jul, 2026, 11.25 AM IST
Enrol under PM Fasal Bima Yojana by July 31: Maharashtra agriculture minister to farmersMaharashtra Agriculture Minister Dattatray Bharane has urged farmers to enroll in the Pradhan Mantri Fasal Bima Yojana by July 31. This rev...
04 Jul, 2026, 06.30 PM IST
NABARD plans credit boost for agriculture through revised unit cost frameworkThe revisions reflect current market prices and technological advancements, promoting realistic project financing and encouraging sustainab...
04 Jul, 2026, 10.24 AM IST
On Bond Street, falling yields spur a Rs 17,000-crore fundraiseIndian institutions secured over ₹17,000 crore via bond sales as falling benchmark yields made borrowing cheaper. Nabard notably raised ₹8,...
04 Jul, 2026, 10.11 AM IST
RBI's concessional swap facility to boost financial institutions' overseas borrowing: S&PThe Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financi...
02 Jul, 2026, 01.32 PM IST
HDFC Bank shares in focus as lender appoints ex-finance secretary Rajiv Kumar as part-time chairmanHDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time Chairman, following Atanu Chakra...
30 Jun, 2026, 08.54 AM IST
HDFC Bank appoints former financial services secretary Rajiv Kumar as new Non-Executive ChairmanHDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The ba...
29 Jun, 2026, 09.59 PM IST
Indian issuers hold dollar bond plans amid demand for higher yieldsIndian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from...
27 Jun, 2026, 02.37 PM IST
RBI draft allows AIFIs, HFCs to borrow from call moneyThe Reserve Bank of India (RBI) has proposed allowing All India Financial Institutions (AIFIs) and housing finance companies (HFCs) to borr...
25 Jun, 2026, 07.29 PM IST
Jharkhand: Bhagaiya silk, Kuchai silk, Munda jewellery, bamboo craft get GI tagJharkhand's traditional crafts have achieved a significant milestone for the artisans and weavers of Jharkhand. Bhagaiya silk, Kuchai silk,...
14 Jun, 2026, 12.14 PM IST