RBI's $56.8 billion forex drive: How diaspora deposits reshape India's currency risk and balance sheetIndia's special forex package has successfully garnered over fifty-six billion dollars in deposits, surpassing expectations. This increased...
17 Aug, 2026, 12.06 AM IST
ICICI Bank seeks to raise $1.45 billion loan from a BofA-led consortiumICICI Bank is aiming to secure an impressive loan of $1.45 billion, set to unfold over a four-year period. Bank of America is spearheading ...
15 Aug, 2026, 09.53 AM IST
FCNR, ECB measures to draw $90-95 bn capital inflows in FY27: ReportConcessional swap windows are expected to draw substantial capital inflows for India. These measures are projected to generate ninety to ni...
14 Aug, 2026, 05.38 PM IST
FCNR (B) FDs offering up to 7.50% interest rate to NRIs, OCIs: These banks offer 6.25% or higher on depositsFCNR (B) interest rate: Government backing for FCNR (B) deposits greatly boosts returns for investors. Presently, banks are providing entic...
14 Aug, 2026, 04.27 PM IST
Goldman Sachs taps investors for Nvidia’s $500 billion AI financing pushGoldman Sachs is negotiating with investors for Nvidia's massive AI financing initiative. U.S. insurers and money managers will likely form...
14 Aug, 2026, 09.37 AM IST
Hidden risks of FCNR (B) deposit investment and leverage: Why high interest rates may not tell the full storyFCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging st...
13 Aug, 2026, 04.16 PM IST
Jio Financial shares jump 3% as Bank of America set to acquire 50% stake in Jio Credit for Rs 18,268 croreJio Financial Services shares: Bank of America agreed to acquire up to 49.9% in its lending arm Jio Credit through a Rs 18,268 crore joint ...
13 Aug, 2026, 09.47 AM IST
New-age firms' listing gains fade fast; IT deal renewal in focusHappy Thursday! Some of the best-received new-age IPOs are now trading below their issue price, ET analysis shows. This and more in today’s...
13 Aug, 2026, 08.06 AM IST
Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore dealJio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% i...
12 Aug, 2026, 09.13 PM IST
AI in this decade is what digitsation was in the last: RBI governorBanks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public...
12 Aug, 2026, 07.43 PM IST
RBI Governor Malhotra outlines which Indian banks will win the AI eraRBI Governor Sanjay Malhotra said banks that succeed in the AI era will be those that understand the technology they deploy and maintain cl...
11 Aug, 2026, 07.32 PM IST
Stocks in news: Wipro, BSE, Vodafone Idea, Hyundai India and AirtelThe markets experienced fluctuations as they weighed the prospects of interest rates against concerns over oil prices and geopolitical issu...
11 Aug, 2026, 06.00 AM IST
RBI proposes leverage buffer for branches of global systemically important banksUnder the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum leverage ratio of 3.5 per cent, a...
08 Aug, 2026, 05.14 PM IST
Banks or NBFCs? DSP's Preethi R S explains where she sees the best opportunitiesDSP Mutual Fund’s Preethi R S remains constructive on India’s financial sector, favouring lenders with strong deposit franchises, disciplin...
08 Aug, 2026, 11.30 AM IST
RBI proposes a leverage ratio of 3.5% for ‘important’ global banksThe Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5...
08 Aug, 2026, 12.48 AM IST
19x leverage on FCNR(B) deposits and high returns may not work for NRIs based in Singapore in this caseFCNR (B) FD: For NRIs, the potential gains from FCNR(B) deposits may be undermined by Singapore's tax policies. Interest earnings from Indi...
07 Aug, 2026, 02.24 PM IST
FPIs, trading companies tap Sebi, centre for tax breatherInvestors from abroad are pressing regulators for a decrease in securities transaction taxes to alleviate the burden of double capital gain...
07 Aug, 2026, 06.22 AM IST