The RBI has proposed widening participation in India’s term money market by allowing eligible NBFCs, mort ...More

The RBI has proposed widening participation in India’s term money market by allowing eligible NBFCs, mortgage lenders, companies and financial institutions to lend and borrow short-term funds. The move aims to deepen money markets, improve liquidity access and broaden participation, while imposing prudential exposure limits on eligible non-bank finance firms. ...Less

The Reserve Bank of India has firmly rejected requests for special exemptions from concentration norms fo ...More

The Reserve Bank of India has firmly rejected requests for special exemptions from concentration norms for government-owned NBFCs, emphasizing a principles-based regulatory approach. The central bank also denied calls to raise single counterparty limits for public sector enterprises. While allowing grandfathering of residual breaches and specific conditions for temporary limit breaches, the RBI has tightened rules to ensure regulatory clarity and stability. ...Less

The Reserve Bank of India is proposing new guidelines to boost participation and liquidity in the term mo ...More

The Reserve Bank of India is proposing new guidelines to boost participation and liquidity in the term money market, allowing entities to set their own lending limits with board approval. Additionally, the RBI has issued draft directions to consolidate existing rules for government securities trading in the secondary market. These moves aim to enhance clarity and streamline operations for all stakeholders. ...Less

Reserve Bank of India Governor Sanjay Malhotra stated that an interest rate hike is premature, as inflati ...More

Reserve Bank of India Governor Sanjay Malhotra stated that an interest rate hike is premature, as inflation hasn't broadly impacted consumer prices. The central bank remains in a 'wait-and-watch' mode, closely monitoring global uncertainties and the monsoon's progress. While acknowledging improved outlooks, risks persist, but India is well-prepared for challenges. The RBI has revised inflation forecasts upwards and growth forecasts downwards for the fiscal year. ...Less

With the Budget setting the policy direction and the RBI directions providing the regulatory foundation, ...More

With the Budget setting the policy direction and the RBI directions providing the regulatory foundation, TReDS is well positioned to move from a platform that has demonstrated value to one that can deliver MSME liquidity at scale. ...Less

Tata Sons faces renewed scrutiny after RBI tightened rules for upper-layer NBFCs, reinforcing pressure fo ...More

Tata Sons faces renewed scrutiny after RBI tightened rules for upper-layer NBFCs, reinforcing pressure for mandatory listings above Rs 1 lakh crore in assets. While the conglomerate exceeds the threshold, its de-registration request remains pending. The listing debate has also exposed divisions within Tata Trusts, with leadership opposing a listing while some trustees publicly support it, highlighting internal discord. ...Less

Indian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the princip ...More

Indian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attract dollars by absorbing currency hedging costs for banks, boosting FCNR(B) rates to 6-7.1%. The central bank also clarified rules for stand-by letters of credit and introduced a swap facility for external commercial borrowings, easing dollar hedging for businesses. ...Less

Investment options for senior citizens: Senior citizens seeking steady retirement income can choose betwe ...More

Investment options for senior citizens: Senior citizens seeking steady retirement income can choose between Senior Citizens Savings Scheme (SCSS), Fixed Deposits (FDs), and RBI Floating Rate Bonds. ...Less

The Reserve Bank of India is adopting a cautious "wait and watch" approach regarding global geopolitical ...More

The Reserve Bank of India is adopting a cautious "wait and watch" approach regarding global geopolitical shifts and monsoon progress. Governor Sanjay Malhotra stated that while inflation hasn't broadly impacted consumer prices, uncertainties persist. He highlighted that de-escalation in West Asia is positive, but risks remain. The RBI is monitoring crude prices and monsoon impact on growth, confident in India's preparedness for challenges. ...Less

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) dep ...More

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facility. The central bank clarified that this swap covers only the principal amount of eligible deposits, not interest. This move aims to boost foreign currency inflows by allowing banks to swap eligible FCNR(B) deposits, ECBs, and overseas borrowings with the RBI at a favorable rate. ...Less

The Reserve Bank of India (RBI) has proposed allowing All India Financial Institutions (AIFIs) and housin ...More

The Reserve Bank of India (RBI) has proposed allowing All India Financial Institutions (AIFIs) and housing finance companies (HFCs) to borrow in the term money market, while also increasing borrowing limits for standalone primary dealers to strengthen liquidity and market participation. ...Less

India is planning a high-frequency index to track its vast informal economy, covering millions of unincor ...More

India is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed MoSPI index could improve GDP estimates, guide RBI interest-rate decisions, strengthen inflation management, sharpen government policymaking and offer investors, businesses and economists an unprecedented real-time view of the country's largest employment engine. ...Less

The Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and sma ...More

The Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new platform allows direct trading at inter-bank rates, aiming to eliminate the higher mark-ups previously charged. This move seeks to bring transparency and fairness to forex transactions, ensuring smaller customers get deals comparable to larger corporations. The RBI will now monitor bank performance on this initiative quarterly. ...Less

The RBI has expanded customer protection rules for digital payment frauds to cover cases where people are ...More

The RBI has expanded customer protection rules for digital payment frauds to cover cases where people are tricked into sending money to scammers and introduced a compensation mechanism for small-value frauds. Eligible victims can receive up to 85% of their losses, subject to a cap of ₹25,000. The rules take effect from January 1, 2027. ...Less

Economists are increasingly pushing back expectations of a Reserve Bank of India (RBI) interest rate hike ...More

Economists are increasingly pushing back expectations of a Reserve Bank of India (RBI) interest rate hike, with many now seeing any tightening only in the second half of FY27 rather than in the near term. The shift in outlook is driven by easing inflation risks, supported by expected foreign currency inflows and a recent fall in crude oil prices after geopolitical developments. ...Less

The Indian rupee saw a slight recovery on Wednesday, closing at 94.66 against the dollar after touching a ...More

The Indian rupee saw a slight recovery on Wednesday, closing at 94.66 against the dollar after touching an intraday low. State-run banks intervened, likely for the RBI, to curb further depreciation. This weakness stemmed from a strengthening dollar index, fueled by expectations of a US Federal Reserve interest rate hike later this year, pushing the DXY to a 13-month high. ...Less

Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing d ...More

Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers relief on inflation and growth, uncertainties surrounding crude oil prices and the monsoon necessitate continued vigilance. The central bank is closely monitoring potential inflation spillover effects and external challenges, maintaining a wait-and-watch approach for future policy moves. ...Less

RBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entre ...More

RBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He noted strong credit growth in Kerala's MSME sector and detailed RBI's initiatives to bridge credit gaps, including enhanced collateral-free loans and the Trade Receivables Discounting System. Banks were urged to partner with MSMEs, with the upcoming Unified Lending Interface set to simplify credit access. ...Less

Reserve Bank Governor Sanjay Malhotra stated that a rate hike is premature, emphasizing the central bank' ...More

Reserve Bank Governor Sanjay Malhotra stated that a rate hike is premature, emphasizing the central bank's cautious, data-dependent approach. While acknowledging moderating risks from West Asia and falling crude prices, the RBI remains vigilant about potential inflation pressures and second-round effects. The focus is on monitoring fuel price impacts and monsoon progress before making definitive policy decisions. ...Less

Bank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas bor ...More

Bank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas borrowings, leveraging recent RBI measures. This strategic move, including $1 billion from FCNR(B) deposits and $1.5 billion via concessional swap facilities, is expected to reduce borrowing costs by 50-60 basis points. ...Less

The central bank's bond buyback saw a lukewarm market reception, attracting significantly less than the o ...More

The central bank's bond buyback saw a lukewarm market reception, attracting significantly less than the offered amount despite a liquidity deficit in the banking system. Banks held back, anticipating future inflows and preferring short-term papers. Meanwhile, the benchmark 10-year government bond yield dipped to its lowest since March, buoyed by falling oil prices and record overseas portfolio investments. ...Less

As per the latest RBI guidelines, if you have lodged a complaint for the fraudulent transaction within 5 ...More

As per the latest RBI guidelines, if you have lodged a complaint for the fraudulent transaction within 5 calendar days, you shall be compensated the lower of 85% of the net loss amount or Rs 25,000. These rules will come into effect from January 2027, and apply in cases of electronic banking transactions undertaken by customers on or after January 1, 2027. ...Less

Emphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay ...More

Emphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay Malhotra on Sunday described Micro, Small and Medium Enterprises (MSMEs) as India's "entrepreneurship nursery" and said the central bank will continue to extend strong support to the segment. ...Less

July bank holidays: Bank customers should note upcoming July 2026 closures across various Indian states. ...More

July bank holidays: Bank customers should note upcoming July 2026 closures across various Indian states. Important banking tasks should be planned around these specific dates to avoid inconvenience. Consulting the RBI holiday calendar is advised before visiting your local branch. ...Less

RBI Governor Sanjay Malhotra stated that discussions on interest rate hikes are premature, emphasizing th ...More

RBI Governor Sanjay Malhotra stated that discussions on interest rate hikes are premature, emphasizing that the central bank will monitor incoming economic data amidst global uncertainties. He highlighted the 'neutral' policy stance reflects this caution. While acknowledging reduced upside risks from easing oil prices, Malhotra stressed the need for continued observation of crude prices and monsoon progress for inflation management. ...Less

The Reserve Bank of India has opened the term money market to All India Financial Institutions and housin ...More

The Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them to borrow and lend. Prudential borrowing limits for primary dealers have also been significantly increased. These moves aim to deepen market participation and improve liquidity, ultimately strengthening monetary policy transmission by linking short-term and long-term interest rates. ...Less

The Reserve Bank of India is implementing stringent rules for banks and financial entities using Artifici ...More

The Reserve Bank of India is implementing stringent rules for banks and financial entities using Artificial Intelligence. A new draft framework mandates 'kill switches' for AI models, ensuring immediate shutdown if errors occur. Banks must also ensure human oversight, disclose AI use to customers, and manage risks associated with third-party AI providers. Board-level accountability for AI governance is a key focus, with a risk-based approach to model oversight. ...Less

Government pensioners will now have stronger protection against unexpected deductions from their accounts ...More

Government pensioners will now have stronger protection against unexpected deductions from their accounts. The Reserve Bank of India has mandated that banks must inform pensioners and obtain their consent before recovering any excess pension payments. This new directive ensures that individuals are aware and agree to any adjustments, preventing abrupt debits and requiring a written undertaking from pensioners for future recoveries. ...Less

RBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partne ...More

RBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partners, not just compliance. Speaking at International MSME Day, he stressed investing in technology, R&D, and innovation for entrepreneurs. Malhotra highlighted the need for financial institutions to leverage digital infrastructure like Account Aggregator and ULI for efficient, data-driven credit. ...Less

India's central bank has redefined systemically important NBFCs, setting a new asset threshold of ₹1 lakh ...More

India's central bank has redefined systemically important NBFCs, setting a new asset threshold of ₹1 lakh crore for upper-layer companies. This move, rejecting industry calls for a higher cap, could mandate a public listing for entities like Tata Sons. The Reserve Bank of India will annually identify these firms, impacting their regulatory oversight and potentially altering control structures for major business groups. ...Less

State Bank of India has successfully raised $300 million by issuing three-year senior unsecured floating- ...More

State Bank of India has successfully raised $300 million by issuing three-year senior unsecured floating-rate bonds in overseas markets. This move comes after the Reserve Bank of India introduced measures to reduce the cost of foreign-currency borrowings, offering a concessional forex swap facility. The issuance, managed through SBI's London branch, features a coupon tied to the Secured Overnight Financing Rate plus 100 basis points. ...Less

India's foreign exchange reserves saw a healthy uptick of $963 million, reaching $671.63 billion by June ...More

India's foreign exchange reserves saw a healthy uptick of $963 million, reaching $671.63 billion by June 19, 2026, as per RBI data. This robust buffer provides crucial economic stability, shielding the nation from external shocks and supporting the rupee. The central bank actively manages the forex market to maintain order, ensuring a stable financial environment for the country. ...Less

Foreign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-res ...More

Foreign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. This move aims to attract overseas funds, potentially increasing their contribution to bank deposits. While household savings remain key, this diversification offers supplementary support to overall deposit growth, especially as credit expansion outpaces traditional deposit mobilization. This could ease liquidity challenges for banks. ...Less

India's external debt reached $762.8 billion by March 2026, a rise of $26.3 billion year-on-year, pushing ...More

India's external debt reached $762.8 billion by March 2026, a rise of $26.3 billion year-on-year, pushing the debt-to-GDP ratio to 20.8%. The US dollar's strength significantly impacted this figure. While long-term debt saw a modest increase, short-term debt's share grew, raising concerns about its proportion to foreign exchange reserves. Despite these shifts, debt servicing as a percentage of current receipts declined. ...Less

Indian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly fundin ...More

Indian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly funding, according to Axis Bank CEO Amitabh Chaudhry. This move, enabled by a recent RBI policy, aims to attract overseas capital and support the rupee. The influx of funds is expected to be directed towards infrastructure, data centers, and real estate, easing pressure from a widening gap between loan and deposit growth. ...Less

The Reserve Bank of India has highlighted rising fuel prices and a dip in consumer confidence due to West ...More

The Reserve Bank of India has highlighted rising fuel prices and a dip in consumer confidence due to West Asian conflict, despite a recent drop in crude oil costs. While inflation edged up in May, driven by broad-based price increases, the Indian economy remains resilient with sustained activity. However, manufacturing firms are experiencing higher input costs, impacting production. ...Less

Victims of digital payment fraud losing up to Rs 50,000 can now get up to Rs 25,000 compensation from ban ...More

Victims of digital payment fraud losing up to Rs 50,000 can now get up to Rs 25,000 compensation from banks, effective January 1, 2027. The RBI will fund 65% of this, with banks contributing the rest. Sole proprietors are now covered, and cross-border frauds are included. Reporting within five days to the cybercrime portal and bank is crucial for eligibility. ...Less

The Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and f ...More

The Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines, released on June 19, aim to enhance credit flow to priority sectors and improve access to financial services. A three-tier committee structure has been introduced to strengthen coordination between banks and government agencies, with Lead Banks now appointing dedicated managers to oversee scheme implementation across all districts. ...Less

The Reserve Bank of India's recent measures to boost dollar inflows are a temporary fix, economists warn. ...More

The Reserve Bank of India's recent measures to boost dollar inflows are a temporary fix, economists warn. While these steps aim to stabilize the rupee now, the country must strengthen its balance of payments over the next three to five years. Otherwise, as foreign currency borrowings and deposits mature, the reversed inflows could pressure the rupee again, requiring a robust BoP or larger reserves. ...Less

The Reserve Bank of India has boosted lending limits for top infrastructure finance firms, allowing them ...More

The Reserve Bank of India has boosted lending limits for top infrastructure finance firms, allowing them to extend up to 45% of their capital to connected borrowers, a significant increase from 35%. This move aims to support the crucial infrastructure sector. ...Less

Power Finance Corp successfully raised $300 million in international bonds, marking India's second such i ...More

Power Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special swap arrangement. The five-year bond was priced at 105 basis points above US treasuries, attracting a substantial order book. This move capitalizes on the RBI's 1.5% fixed-rate swap for external borrowings, with other major Indian banks also planning similar issuances. ...Less

The Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including ...More

The Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move closes a regulatory loophole allowing banks to offer lighter treatment to UPI-linked credit. Now, the nature of the credit, not the technology, dictates capital adequacy and provisioning, ensuring consistent regulation across all credit products. ...Less

The Reserve Bank of India engaged vigorously in the forex market in April, offloading a net amount of $8. ...More

The Reserve Bank of India engaged vigorously in the forex market in April, offloading a net amount of $8.94 billion to protect the rupee from plunging to record lows caused by the U.S.-Iran crisis and increasing oil costs. While gold stocks stayed stable, improving geopolitical conditions have bolstered the rupee's prospects, even as forex reserves fell to the lowest level in a year. ...Less

Any moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the down ...More

Any moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationalising the FTAs signed with 37 countries will boost exports and FDI, and thus growthRam Singh, Director, Delhi School of Economics ...Less

HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-tim ...More

HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time Chairman, following Atanu Chakraborty's abrupt resignation over ethical concerns. Kumar, known for his role in cleaning up public sector bank balance sheets, will serve a three-year term subject to RBI approval. The bank also announced Puneet Sharma as its new CFO. This news comes as HDFC Bank shares have seen mixed performance recently. ...Less

India's private banking sector faces pivotal moments with two major players at different junctures. HDFC ...More

India's private banking sector faces pivotal moments with two major players at different junctures. HDFC Bank awaits RBI's nod for its CEO, a crucial step for governance confidence and potential stock upside. Meanwhile, Kotak Mahindra Bank navigates uncertainty after its CEO's resignation, with a new leader set to redefine its strategy and market focus. These leadership developments are key catalysts for the sector. ...Less

Bandhan Bank has boosted fixed deposit interest rates by up to 20 basis points, with senior citizens now ...More

Bandhan Bank has boosted fixed deposit interest rates by up to 20 basis points, with senior citizens now earning a competitive 7.95% on select tenures. This move comes as other banks also adjust their deposit offerings, even with the RBI holding the repo rate steady. The bank aims to attract more retail deposits with these revised, attractive rates. ...Less

The Reserve Bank of India has unveiled draft rules allowing participants to take short positions in gover ...More

The Reserve Bank of India has unveiled draft rules allowing participants to take short positions in government securities, aiming to boost market liquidity and price discovery. A detailed framework for trading "when-issued" securities, bonds yet to be officially released, is also introduced. These measures, with specific limits for banks, primary dealers, and others, are open for public feedback until July 17. ...Less

Global economic fragility persists despite a US-Iran truce, with risks of renewed inflation and supply di ...More

Global economic fragility persists despite a US-Iran truce, with risks of renewed inflation and supply disruptions if tensions re-escalate. However, India remains well-positioned due to strong fundamentals like steady growth and anchored inflation. While a weak monsoon poses a domestic challenge, the nation's external sector shows resilience, supported by robust foreign exchange reserves and consistent investment inflows. ...Less

A 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by foo ...More

A 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by food prices, according to research by Yuvika Singhal, an economist at QuantEco Research. India’s cumulative rainfall was 43% below normal as of June 22. ...Less

To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits r ...More

To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. In effect, the RBI will bear the entire hedging cost on deposits mobilised under the Foreign Currency Non-Resident (Bank), or FCNR(B), scheme. In line with the RBI's expectations, banks are passing on almost the entire benefit to depositors, making these deposits more attractive. ...Less

The MPC members had voted for a status quo in the June policy, citing resilient growth and the need to as ...More

The MPC members had voted for a status quo in the June policy, citing resilient growth and the need to assess inflation impact while stating that the MPC would closely monitor incoming data. The Reserve Bank of India has projected FY27 growth at 6.6% in the June policy, while the economy expanded at 7.7% in the January-March quarter, exceeding earlier estimates. ...Less

South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per a ...More

South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This move follows the RBI's new USD/INR forex swap facility, enabling banks to secure stable foreign currency while managing exchange risks. The attractive returns offer NRIs a chance to grow their savings securely, with the RBI facility available until September 2026. ...Less

Indian banks are poised for improved interest margins this quarter, thanks to the Reserve Bank of India's ...More

Indian banks are poised for improved interest margins this quarter, thanks to the Reserve Bank of India's liquidity-boosting measures. These initiatives are driving down the cost of short-term funding, with certificate of deposit rates already seeing significant drops. Experts anticipate further easing, suggesting banks can now secure funds more affordably, directly benefiting their profitability and allowing for cheaper refinancing of existing debts. ...Less

Indian companies are back in the double-digit growth lane! The Reserve Bank of India reports that listed ...More

Indian companies are back in the double-digit growth lane! The Reserve Bank of India reports that listed private non-financial firms saw sales jump 10.1% in FY26, a significant rebound. Manufacturing led the charge with 10.8% growth, driven by autos and food, while services also posted strong gains. However, input costs are rising for manufacturers. ...Less

The Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms ...More

The Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for financed receivables. This move aims to reduce credit risk, boost lender participation, and improve liquidity in the receivables financing ecosystem. The revised framework also streamlines onboarding, permits insurance cover, and strengthens the legal enforceability of TReDS transactions, fostering a more robust marketplace for working capital. ...Less

As India pursues its economic ambitions, the customs and logistics ecosystem will play a pivotal role in ...More

As India pursues its economic ambitions, the customs and logistics ecosystem will play a pivotal role in enhancing trade competitiveness and enabling seamless global commerce. ...Less

Indian government bonds saw an early rise on Monday, buoyed by strong foreign investment and stable oil p ...More

Indian government bonds saw an early rise on Monday, buoyed by strong foreign investment and stable oil prices, which helped offset geopolitical tensions. Despite recent U.S.-Iran strikes, a diplomatic resolution and a dip in crude oil prices eased inflation concerns. This positive sentiment, coupled with RBI incentives and tax cuts, has attracted significant foreign inflows into government bonds, boosting market confidence. ...Less

Kumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playin ...More

Kumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playing a key role in revitalising India's banking and financial system during a period of significant stress between 2017 and 2020. During his tenure, he strengthened governance, risk management and regulatory oversight across banks by institutionalising specialised monitoring of large exposures and introducing technology-driven risk assessment systems. ...Less

Indian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields am ...More

Indian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from India. Recent deals show widening spreads over US Treasuries, prompting issuers to reconsider timing. Banks and PSUs may now turn to loans or wait for calmer global bond markets. ...Less

Indian banks are bolstering cybersecurity with a four-pillar strategy against advanced AI threats. Focusi ...More

Indian banks are bolstering cybersecurity with a four-pillar strategy against advanced AI threats. Focusing on code and identity protection, AI-driven threat detection, micro-segmentation, and zero-trust architecture, lenders aim to counter AI models that can autonomously find software flaws. Plans submitted to the RBI emphasize greater control over critical software and enhanced protection of digital keys and identities, preparing for a new era of cyber risks. ...Less

Falling crude oil prices might boost growth beyond central bank forecasts, potentially easing rate hike n ...More

Falling crude oil prices might boost growth beyond central bank forecasts, potentially easing rate hike needs. However, supply chain disruptions and embedded input cost pressures require close monitoring. While financial conditions appear restrictive, strong foreign currency inflows from new deposit and borrowing schemes could influence future monetary policy, with the RBI balancing growth concerns against inflation projections. ...Less

Indian government bonds enjoyed a remarkable climb on Wednesday, highlighted by the 10-year yield experie ...More

Indian government bonds enjoyed a remarkable climb on Wednesday, highlighted by the 10-year yield experiencing its most significant drop in a month. Fueling this surge was a recent comment from Reserve Bank of India Governor Sanjay Malhotra, who mentioned that contemplating interest rate hikes is premature. Additionally, decreasing oil prices contributed to positive market sentiment, driving yields down to three-month lows. ...Less

Indian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing pote ...More

Indian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liquidity. Key concerns include a contraction in export credit, a proposed restriction on future exports for delayed payments and procedural hurdles in merchanting trade and the EDPMS system. ...Less

The Reserve Bank of India will conduct a Rs 1 lakh crore variable rate repo auction on June 19. This move ...More

The Reserve Bank of India will conduct a Rs 1 lakh crore variable rate repo auction on June 19. This move aims to manage liquidity in the banking system. The auction will help keep overnight money market rates stable. This follows recent liquidity infusions by the central bank. The RBI is actively managing funds to ensure smooth financial operations. ...Less

India Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, pot ...More

India Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and is also in talks with the Asian Development Bank for an additional $400 million. This move follows recent Reserve Bank of India measures designed to bolster dollar inflows and support the rupee. ...Less

Bank credit growth stayed steady at 17.7% for the fortnight ended June 15, unchanged from the previous pe ...More

Bank credit growth stayed steady at 17.7% for the fortnight ended June 15, unchanged from the previous period, while deposit growth eased slightly to 12%, RBI data showed. Both credit and deposit growth remain stronger than a year ago, when they stood at 9.6% and 10.4% respectively. ...Less

The Indian rupee showed resilience on Wednesday, recovering from earlier dips, a relief attributed to pos ...More

The Indian rupee showed resilience on Wednesday, recovering from earlier dips, a relief attributed to possible central bank measures. Concurrently, the Reserve Bank of India governor's remarks on interest rate hikes being 'premature' led to a notable decline in forward premiums. This shift, alongside a robust dollar, put pressure on Asian currencies and shaped overall market expectations, particularly with a US Federal Reserve rate hike on the horizon. ...Less

India's central bank likely sold dollars and ran buy-sell ⁠swaps ⁠on Wednesday, three traders said, aidin ...More

India's central bank likely sold dollars and ran buy-sell ⁠swaps ⁠on Wednesday, three traders said, aiding the rupee's recovery from ⁠the session's lows. ...Less

We begin this new series with Bala, a curious young learner, as he explores money concepts. His first les ...More

We begin this new series with Bala, a curious young learner, as he explores money concepts. His first lesson: understanding UPI and digital money. UPI (Unified Payments Interface) is an instant payment system that allows you to transfer money between any two bank accounts using a mobile app. It acts as a digital bridge between banks, making money transfers simple. ...Less

Confused by interest rate shifts? Dynamic bond funds offer a solution, allowing managers to adjust invest ...More

Confused by interest rate shifts? Dynamic bond funds offer a solution, allowing managers to adjust investments based on market outlook. While not foolproof, these funds could shine if the RBI begins rate cuts later this year, potentially rewarding debt mutual fund investors after muted performance. For those investing three to five years without wanting to predict rate movements, dynamic bond funds present an option. ...Less

The Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.2 ...More

The Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.25 per cent in coming meetings as the US-Iran peace agreement reduces geopolitical uncertainty, while it monitors food and fuel price pass-through before acting, BofA Securities said in a note on the June MPC minutes. ...Less

The Reserve Bank of India's latest measures to attract foreign currency deposits could help revive NRI in ...More

The Reserve Bank of India's latest measures to attract foreign currency deposits could help revive NRI inflows after growth stalled in FY26, while a parallel shift is underway within the deposit base as NRO accounts emerge as the fastest-growing segment, according to a Bank of Baroda research report. ...Less

HDFC Bank's interim chairman, Keki Mistry, has received a three-month extension from the RBI until Septem ...More

HDFC Bank's interim chairman, Keki Mistry, has received a three-month extension from the RBI until September 18, 2026, easing concerns about leadership. This development follows speculation about former RBI Deputy Governor Rajeshwar Rao being considered for the permanent role. Mistry took over after Atanu Chakraborty's abrupt resignation. ...Less

The Indian rupee defied regional weakness on Wednesday, supported by likely Reserve Bank of India interve ...More

The Indian rupee defied regional weakness on Wednesday, supported by likely Reserve Bank of India intervention against a strengthening dollar. While Asian peers faltered, the rupee held steady as traders braced for potential US Federal Reserve rate hikes. Concerns over inflation and oil prices are being closely monitored by the RBI, which intervenes to ensure market stability rather than targeting a specific rupee level. ...Less

The Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify c ...More

The Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify calculations by merging onshore and offshore positions and allow inclusion of overseas earnings. Crucially, banks can now exclude certain long-term foreign currency investments, potentially boosting trading capacity. Forex risk capital will be based on actual net open positions, with gold treated separately. ...Less

Tata Chemicals shares surged on Thursday, driven by the RBI's new guidelines for upper-layer NBFCs, spark ...More

Tata Chemicals shares surged on Thursday, driven by the RBI's new guidelines for upper-layer NBFCs, sparking hopes for a Tata Sons listing. Analysts suggest this could unlock significant value for Tata Chemicals, which holds a stake in the unlisted entity. The potential listing of Tata Sons, valued in the unlisted market, could boost Tata Chemicals' market capitalization substantially, marking a shift from its current book value reflection. ...Less

The Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions f ...More

The Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repayments. Effective January, new directions aim to streamline credit support for agriculture and allied activities. Banks must waive collateral for loans up to Rs 2 lakh, with exceptions for voluntary gold/silver pledges. For loans exceeding Rs 2 lakh, banks will set collateral based on their policy. ...Less

July 2026 ushers in significant financial shifts for Indians. Expect revised credit card benefits, increa ...More

July 2026 ushers in significant financial shifts for Indians. Expect revised credit card benefits, increased passport fees, and stricter railway penalties. Aadhaar email updates become free for a period, while new RBI rules aim to curb financial product mis-selling. Car prices are also set to rise, and taxpayers face approaching ITR deadlines. These changes will impact household budgets and require careful financial planning. ...Less

Axis Bank successfully raised $800 million through a dual tranche dollar bond, tapping into the Reserve B ...More

Axis Bank successfully raised $800 million through a dual tranche dollar bond, tapping into the Reserve Bank of India's concessional swap facility. The bank secured $500 million via an Additional Tier 1 perpetual issue and $300 million from a five-year senior bond. Both issuances attracted significant investor interest, closing within initial price guidance and highlighting the bank's strong position in international markets. ...Less

Analysts at Nomura and Jefferies, however, maintain 'Buy' ratings, with Nomura highlighting Anup Kumar Sa ...More

Analysts at Nomura and Jefferies, however, maintain 'Buy' ratings, with Nomura highlighting Anup Kumar Saha as a strong internal candidate. Despite the leadership change, analysts believe the bank's strategic direction will remain consistent. ...Less

HDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's ...More

HDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external borrowings. This move aims to attract foreign currency, with other major banks and public sector units expected to follow suit. The bond issuance saw strong investor demand, particularly from Asia. ...Less

Despite muted index returns and significant FII outflows, the Indian equity market's underlying economy s ...More

Despite muted index returns and significant FII outflows, the Indian equity market's underlying economy shows resilience with healthy earnings growth. Axis AMC's Shreyash Devalkar highlights AI-driven FII exits and suggests large caps offer valuation comfort but limited growth. He favors mid and small caps for structural growth themes, though valuations are elevated. SIPs remain the preferred investment strategy amidst ongoing macro uncertainties. ...Less

HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-tim ...More

HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The bank's board approved his appointment as an Additional (Independent) Director for four years, effective June 30, 2026. Kumar's three-year term as Chairman awaits RBI approval, with shareholder consent also needed for his director role. This move concludes the bank's extensive search for a permanent leader. ...Less

BofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdraw ...More

BofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as surplus banking liquidity is seen climbing to pandemic-era levels of about 8 trillion rupees ($85 billion). DBS Bank Ltd. expects the central bank to deploy a stronger tool in August by requiring banks to keep a larger proportion of deposits with the RBI. ...Less

For the first time in years, the math is actually working for non-resident Indians to invest dollar savin ...More

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India. ...Less

Money market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advance ...More

Money market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidity fall. Economists expect liquidity to improve in the second quarter due to RBI measures. The RBI is currently providing temporary liquidity support through Variable Rate Repo operations. ...Less

India's banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, a ...More

India's banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, and stable asset quality, according to ICICI Securities' Pankaj Pandey. NBFCs also stand to gain from a softer interest rate environment. While IT acquisitions may take time for significant returns, power financiers and transmission infrastructure present strong long-term investment opportunities. HDFC Bank's governance overhang is lifting, boosting its outlook. ...Less

The Chicago White Sox unleashed a historic 10-run third inning, powered by three-run homers from Miguel V ...More

The Chicago White Sox unleashed a historic 10-run third inning, powered by three-run homers from Miguel Vargas and Jacob Gonzalez, en route to a dominant 22-1 victory over the Kansas City Royals. The offensive explosion saw multiple players deliver key hits, including Tristan Peters' grand slam and six RBIs. David Sandlin pitched effectively, securing the win for the Sox in their commanding performance. ...Less

Goldman Sachs has boosted India's FY27 growth outlook to 6.5%, citing lower oil prices and easing supply ...More

Goldman Sachs has boosted India's FY27 growth outlook to 6.5%, citing lower oil prices and easing supply issues. The investment bank also anticipates a dip in inflation to 4.9%. Despite initial consumption resilience during Middle East tensions, a slight softening in investment was noted. Goldman Sachs projects a 50 basis point repo rate hike by the RBI in 2026, while acknowledging weather-related risks to rural demand. ...Less

Facing vehicle repossession in India? Understand your rights: lenders can't seize your vehicle after just ...More

Facing vehicle repossession in India? Understand your rights: lenders can't seize your vehicle after just one or two missed EMIs without due process. Recovery agents must not use force or intimidation. You're entitled to notices and can reclaim your vehicle before sale if you regularize your loan. Any surplus from a sale after clearing dues belongs to you. Know the rules to protect your asset. ...Less

Banking system liquidity slipped into deficit for the first time in three months, falling to ₹19,971 cror ...More

Banking system liquidity slipped into deficit for the first time in three months, falling to ₹19,971 crore on Monday from a surplus of ₹30,685 crore a day earlier, mainly due to advance tax outflows. ...Less

The Congress party has accused the Modi government of artificially inflating rural wage growth figures. A ...More

The Congress party has accused the Modi government of artificially inflating rural wage growth figures. According to Congress general secretary Jairam Ramesh, a methodological change in data collection, including new regions with higher wages, has created a fabricated "rural wages boom." He claims this masks the reality of stagnant real wages, which he argues is the core issue behind India's economic slowdown. ...Less

The RBI is steering clear of offshore settlement for government securities, preferring foreign investors ...More

The RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic NDS-OM platform. Despite recent tax incentives, the RBI aims to consolidate liquidity locally for better price discovery and ease of trading, ensuring a unified market. ...Less

The rupee extended its gains to close at 94.53 against the US dollar, supported by RBI measures to boost ...More

The rupee extended its gains to close at 94.53 against the US dollar, supported by RBI measures to boost foreign currency inflows, softer crude prices and expectations of stronger FCNR-B deposit inflows. The currency touched a six-week high before trimming intraday gains. ...Less

...More

...Less

Indian stock markets witnessed a significant surge today, with Sensex and Nifty climbing up to 1%. This p ...More

Indian stock markets witnessed a significant surge today, with Sensex and Nifty climbing up to 1%. This positive momentum was fueled by the RBI Governor's indication that further rate hikes are premature, coupled with a rebound in global equities. Key sectors like IT and private banking saw substantial gains, while a dip in oil prices and hopes for an India-US trade deal also bolstered investor confidence. ...Less

India’s credit card market crossed 120 million active cards in May, driven by strong new additions even a ...More

India’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, according to RBI data. Net card additions rose 34% year-on-year to 1.02 million, while total spending increased only 6.3% to ₹2.02 lakh crore. ...Less

Goldman Sachs is advising investors to buy India's 30-year government bonds, anticipating a yield drop. T ...More

Goldman Sachs is advising investors to buy India's 30-year government bonds, anticipating a yield drop. This optimism stems from two key factors: the benchmark bond's inclusion in the Fully Accessible Route, expected to boost foreign investment, and the growing trend of household savings shifting towards long-term financial products. Analysts foresee potential inflows and a significant yield decrease, making these bonds an attractive proposition. ...Less