Banks seek RBI nod to let NRIs break & rebook existing depositsTo incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. ...
19 Jun, 2026, 12.20 AM IST
RBI clears three-month extension for HDFC Bank interim chairman Keki MistryThe Reserve Bank of India has granted a three-month extension for Keki Mistry as interim Part-time Chairman of HDFC Bank. This allows the b...
18 Jun, 2026, 05.35 PM IST
HDFC Bank extends Keki Mistry's interim chairman tenure by three monthsHDFC Bank announced a three-month extension for Keki Mistry as interim part-time chairman. The Reserve Bank of India approved this extensio...
18 Jun, 2026, 05.05 PM IST
HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
18 Jun, 2026, 06.16 AM IST
Fed begins Warsh era with rate hold, sees hike possible later in 2026The Federal Reserve maintained interest rates but signaled a potential hike later this year due to inflation concerns. New projections show...
18 Jun, 2026, 05.27 AM IST
FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIsFollowing RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...
17 Jun, 2026, 01.28 PM IST
HDFC Bank board to review findings on Atanu Chakraborty's exit on June 18HDFC Bank's board meets June 18 to review legal findings on Atanu Chakraborty's concerns. Preliminary reports suggest no governance issues....
17 Jun, 2026, 12.57 AM IST
Private banks remain in focus as credit growth strengthens; selectivity key amid valuation concerns: Dnyanada VaidyaPrivate sector banks are attracting investors with robust credit growth and stable asset quality. Experts anticipate a rate cycle shift, bo...
16 Jun, 2026, 11.37 AM IST
Bulls return to banks on RBI's FCNR(B) initiativeTraders are piling into bullish derivative bets on banks, reversing bearish positions, as RBI's foreign currency borrowing measures boost l...
15 Jun, 2026, 05.41 AM IST
RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...
13 Jun, 2026, 02.22 PM IST
Tata Sons board meets to approve FY26 accountsThe Board of Tata Sons convened to approve annual accounts and dividend for FY26. Key figures including Group Chairman N Chandrasekaran and...
12 Jun, 2026, 08.16 PM IST
RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD depositsBanks are aggressively increasing interest rates on NRI dollar deposits. This move follows a special RBI dispensation to boost foreign curr...
12 Jun, 2026, 12.29 PM IST
RBI allows banks to lend directly to REITs & InvITs, caps applyThe Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...
11 Jun, 2026, 01.02 AM IST
Some lenders hike rates on FX deposits for non-resident IndiansIndian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...
10 Jun, 2026, 02.28 PM IST
Former SBI Capital Markets chief Arun Mehta named Edelweiss ARC CEOEdelweiss Asset Reconstruction Company is thrilled to announce Arun Mehta's appointment as CEO, following an extensive search process by Ko...
10 Jun, 2026, 09.52 AM IST
Bank stocks rally as RBI steps lift mood, trigger short coveringOn Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...
10 Jun, 2026, 07.14 AM IST
India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
08 Jun, 2026, 06.13 PM IST