Eight public sector banks add 13,223 employees in FY26; SBI leads hiring spreeEight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. St...
11 Jun, 2026, 05.40 PM IST
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
11 Jun, 2026, 08.35 AM IST
100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
08 Jun, 2026, 03.29 PM IST
RBI's reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on holdThe RBI's recent announcements are expected to attract substantial foreign capital, potentially strengthening the rupee. Analysts anticipat...
06 Jun, 2026, 01.28 PM IST
FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...
05 Jun, 2026, 01.11 AM IST
RBI clears Myntra's FEMA violations after penalty payment; ED closes investigationThe Reserve Bank of India has closed an Enforcement Directorate investigation into Myntra Designs Private Limited. This action follows the ...
04 Jun, 2026, 05.45 PM IST
India tightens checks on overseas flows as currency pressure mounts, sources sayIndia's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple ...
03 Jun, 2026, 02.05 PM IST
Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...
03 Jun, 2026, 12.09 PM IST
Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
02 Jun, 2026, 06.05 AM IST
RBI sees services exports, remittances cushioning current account in FY27India's current account balance will see strong support in 2026-27. Robust growth in software and business services exports will be a key f...
31 May, 2026, 06.11 PM IST
India's services exports rise by 12.7 pc in April despite West Asia crisis: RBIThe data showed that exports grew by 12.7 per cent to USD 37.021 billion in April, registering the highest growth in the calendar year.
29 May, 2026, 09.04 PM IST
Resilient Indian economy may face West Asia headwinds; El Nino impact likely on agri output: RBIAs energy prices surge and supply chain disruptions persist, India's economic landscape is indeed testing its resilience; yet, robust finan...
29 May, 2026, 08.13 PM IST
RBI books ₹1.69 lakh crore forex gains amid record dollar salesThe Reserve Bank of India earned ₹1.69 lakh crore from foreign exchange transactions in FY26, up 52% from the previous year, as it sold a r...
29 May, 2026, 06.46 PM IST
RBI flags US-Iran war's impact on rupee, lists measures to manage forexThe Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...
29 May, 2026, 02.07 PM IST
India steers boat through a risky channel between war clouds and El NinoIndia faces a challenging global economic outlook for 2026-27. Geopolitical tensions and volatile oil prices are key concerns. However, Ind...
29 May, 2026, 12.47 PM IST
RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...
29 May, 2026, 12.22 PM IST
Reserve Bank's FY26 income gets Rs 1.69 lakh crore forex boostThe Reserve Bank of India saw a significant 52% surge in foreign exchange transaction gains, reaching 1.69 trillion rupees for the fiscal y...
29 May, 2026, 11.37 AM IST