Bank of America names new Southeast Asia investment banking head, memo showsBank of America has appointed Dominic Tan as its new head of Southeast Asia investment banking, a role he will juggle alongside his existin...
25 Jun, 2026, 05.11 PM IST
Rupee bounces from day's low on RBI supportThe Indian rupee saw a slight recovery on Wednesday, closing at 94.66 against the dollar after touching an intraday low. State-run banks in...
25 Jun, 2026, 05.52 AM IST
RBI tightens rules on recovery of excess pension paymentsGovernment pensioners will now have stronger protection against unexpected deductions from their accounts. The Reserve Bank of India has ma...
25 Jun, 2026, 01.19 AM IST
RBI eases forex exposure rules, giving banks more room to tradeThe Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify calculations by merging onshore and...
25 Jun, 2026, 01.18 AM IST
RBI mandates kill switch for AI models at banks, introduces comprehensive model risk frameworkThe Reserve Bank of India is implementing stringent rules for banks and financial entities using Artificial Intelligence. A new draft frame...
25 Jun, 2026, 01.15 AM IST
Weak monsoon raises food inflation concerns, but rate hike seen unlikelyEconomists are split on how a weak monsoon will affect food prices, with some believing falling oil prices will offset any hikes. Others wa...
25 Jun, 2026, 01.02 AM IST
Bank of India eyes $3.5 billion foreign currency inflows on RBI's dollar pushBank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas borrowings, leveraging recent RBI mea...
24 Jun, 2026, 04.42 PM IST
RBI intervention steadies rupee, governor's rate comment pulls down hedging costsThe Indian rupee showed resilience on Wednesday, recovering from earlier dips, a relief attributed to possible central bank measures. Concu...
24 Jun, 2026, 01.27 PM IST
Korea's AI crackdown may trigger healthy correction, India could benefit: Rahul ChadhaSouth Korean regulatory actions are prompting a reassessment of AI semiconductor valuations, though experts see this as a healthy correctio...
24 Jun, 2026, 11.08 AM IST
Rs 1,100 crore a day nightmare: Why FIIs are ruthlessly selling bank stocksForeign investors are aggressively selling Indian bank stocks, offloading over ₹1,100 crore daily due to global economic pressures and port...
24 Jun, 2026, 09.24 AM IST
Banking liquidity slips into deficit on tax outflowsBanking system liquidity slipped into deficit for the first time in three months, falling to ₹19,971 crore on Monday from a surplus of ₹30,...
24 Jun, 2026, 12.21 AM IST
RBI clarifies FCNR(B) loan, SBLC eligibility under swap schemeIndian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...
23 Jun, 2026, 06.53 PM IST
Defence valuations 'obnoxious'; private banks look strong: Sandip Sabharwal's full market playbookInvestor Sandip Sabharwal cautions that while the defence rally is real, many stock prices have outpaced reality. He favors Bharat Electron...
23 Jun, 2026, 01.26 PM IST
RBI sold net $8.9 billion in April, gold holdings unchangedThe Reserve Bank of India engaged vigorously in the forex market in April, offloading a net amount of $8.94 billion to protect the rupee fr...
22 Jun, 2026, 08.14 PM IST
RBI overhauls Lead Bank Scheme after review, issues new guidelinesThe Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...
21 Jun, 2026, 09.58 PM IST
HDFC Bank shares in focus as RBI approves 3-month extension for Keki Mistry as interim chairmanHDFC Bank's interim chairman, Keki Mistry, has received a three-month extension from the RBI until September 18, 2026, easing concerns abou...
19 Jun, 2026, 08.51 AM 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