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INDIA BANK CASH SURPLUS
Bank holiday tomorrow, October 29: Are banks closed for Karwa Chauth? Check city-wise detailsBanks in India will generally remain open on Thursday, October 29, for Karwa Chauth celebrations. Only bank branches in Shimla, Himachal Pr...
PVR INOX posts record Q2 earnings, plans to return 30% of annual surplus cash flowPVR INOX has approved a new capital allocation and dividend distribution policy to reward shareholders. The company aims to return about 30...
India jewellers hold off gold buying, betting prices will dropIndian jewellers are delaying gold purchases ahead of the festive season, betting that prices will fall further after dropping below $4,000...
India’s record bank cash surplus fades as RBI curbs rupee betsIndian banks have seen their excess funds drop significantly as the Reserve Bank of India maintains liquidity tightness. This monetary poli...
RBI Governor Sanjay Malhotra urges states to ensure quality spending, prudent borrowingAddressing the 36th conference of state finance secretaries at the Mint Road, Malhotra appealed the states to onboard onto the Unified Lend...
Resist temptation to defend ₹ at any cost: Raghuram Rajan cautions India against excessive use of forex reservesRaghuram Rajan said India should avoid aggressively defending the rupee amid the current depreciation spree, stressing that a weaker rupee ...
RBI steps up liquidity support as tighter cash conditions push up borrowing rates: ReportTightening liquidity in the banking system has pushed up short-term borrowing rates, prompting the Reserve Bank of India (RBI) to inject fu...
Sunteck Realty H1FY27 net profit rises 20%, pre-sales up 19%Sunteck Realty recorded a net profit of Rs 99 crore in the first half of FY27. Revenue increased 16% to Rs 512 crore, reflecting strong bus...
India appears better stocked for West Asia crisis, but oil shock threatensIn West Asia, tensions are affecting energy and fertilizer supplies, prompting adjustments by the Indian government. Freight costs have sur...
Banking liquidity surplus shrinks to Rs 541 crore as cash crunch increasesLiquidity surplus in the banking system was reported at ₹541 crore as of October 21. Banks have increased fund parking to meet their daily ...
Indian Bank raises deposit rates by 15 basis pointsIndian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk...
ICICI Bank to revise savings account select cash transaction charges from December 1, 2026: Which customers need to pay more nowICICI Bank plans to revise service charges for its savings account customers starting December 1, 2026. Customers will still enjoy three fr...
Why is the RBI pulling liquidity out of banks and injecting it back again?Reserve Bank of India has significantly reduced banking system liquidity from a peak surplus in a short time. Liquidity surged after banks ...
Systemic liquidity seen uneven as some banks continue market borrowingSeveral banks in India have been borrowing from the market despite substantial foreign currency non-resident deposits inflow. This situatio...
Sun Pharma to raise Rs 10,000 crore to part-finance Organon dealSun Pharmaceutical Industries plans to raise ₹10,000 crore through two tranches of rupee-denominated bonds. The funds will help refinance b...
RBI injects Rs 1 lakh crore as liquidity tightens before festive seasonOn Monday, the RBI announced a Rs 1-lakh-crore variable rate repo (VRR) auction for the first time since late July after the weighted avera...
Faster services imports threaten to erode cushion against India’s goods trade deficit: ReportIndia's services trade surplus has declined as imports grew faster than exports, leading to concerns about foreign exchange earnings. In Se...
India's current account deficit narrows to $5.2 billion in August as capital account surplus hits $50.6 billionIndia's current account deficit narrowed to $5.2 billion in August, compared to $6.1 billion a year earlier. The capital account surplus in...
India’s 10-year bond yield hits 3-year high as RBI’s liquidity measure weighs on demandIndian government bonds extended losses on Monday, pushing the benchmark 10-year yield to a three-year high as the RBI’s latest liquidity-t...
India 10-year bond yield tops 7.35% as RBI's liquidity clamp down hurtsOn Monday, Indian government bonds experienced a significant decline due to central bank measures affecting liquidity. The benchmark 6.94% ...