Bank of Baroda has successfully accepted bids totaling seven hundred million dollars for its debt offering, achieving narrower spreads than...

Bank of America is set to invest a substantial $1.9 billion into Jio Financial's Jio Credit, marking a significant show of confidence in In...

Indian banking system deposits have reached a record high after recent significant growth. This surge is primarily supported by dollar infl...

FCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging st...

Muthoot Fincorp filed draft papers with Sebi for a Rs 3,000 crore IPO. The company aims to strengthen its capital base and fund business gr...

In a significant move, Muthoot Fincorp has engaged lead managers to facilitate its upcoming ₹3,000-crore initial public offering. The draft...

The Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floatin...

Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accoun...

The Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal be...

State Bank of India is set to re-enter the dollar bond market, marking its first appearance in nearly a year. The nation's leading financia...

The State Bank of India is set to tap into the dollar debt market, aiming to raise a minimum of $500 million by issuing five-year bonds. Ma...

Banks have disbursed merely seventeen percent of the credit guarantee scheme funds. Loan sanctions remain slow as banks show caution with s...

The US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hi...

Government will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...

Housing and Urban Development Corporation Ltd expects its loan book to exceed two lakh crore rupees. The company plans to borrow seventy-fi...

The Kochi-based microfinance company received sanction letters from overseas investors in January and it has time till September to draw do...

Indian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...