CD rates may fall up to 100 bps as banks tap overseas deposits, loansInterest rates on short-term financial instruments like Certificates of Deposit are poised to decrease across India. This anticipated drop,...
11 Jun, 2026, 12.45 AM IST
Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...
10 Jun, 2026, 05.52 PM IST
FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
10 Jun, 2026, 09.31 AM IST
RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
09 Jun, 2026, 07.49 PM IST
GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
09 Jun, 2026, 05.35 PM IST
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
09 Jun, 2026, 11.39 AM IST
'Domestic cos got lower subsidies than Chinese peers, on par with North America'Indian firms receive far less government support than Chinese companies. An OECD report highlights this disparity between 2005 and 2024. In...
09 Jun, 2026, 10.50 AM IST
RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
09 Jun, 2026, 10.45 AM IST
RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
09 Jun, 2026, 12.31 AM IST
What will happen after July 1? Millions of SAVE borrowers must act before federal student loan rules change as repayment options disappearMillions of SAVE borrowers must act before federal student loan rules change as repayment options disappear. Nearly 7.5 million borrowers c...
08 Jun, 2026, 11.04 PM IST
RBI exempts bank swap deals from net unhedged FX exposure normBanks will benefit from new Reserve Bank of India rules. Swap deals for foreign currency funds will not count towards their overnight forei...
08 Jun, 2026, 10.05 PM IST
RBI may need to absorb at least half of hedging cost to spur ECBs by PSUsThe Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...
08 Jun, 2026, 12.50 AM IST
PSUs to get concessional forex swaps to boost external borrowingsThe Reserve Bank of India will introduce a special foreign exchange swap facility for public sector undertakings. This initiative aims to e...
06 Jun, 2026, 12.27 AM IST
RBI holds repo rate, but for how long will relief for home loan borrowers continue?The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger ...
05 Jun, 2026, 12.32 PM IST
Why has the average mortgage payment crossed $2,000, and how can you lower yours as mortgage rates remain stubbornly high in 2026?The average mortgage payment has surged past $2,000 for the first time, reaching $2,005 as high mortgage rates, rising home prices, and per...
05 Jun, 2026, 12.22 AM IST
Quote of the day by Paul Krugman: 'Debt is one person's liability, but another person's...' - financial lessons and insights on role of debt in the economy, flow of money and growth of wealth by Nobel Prize-winning economist and pioneer of New Trade TheoryQuote of the day by Paul Krugman: Nobel laureate Paul Krugman sheds light on debt, emphasizing it's a two-sided coin. While a borrower's li...
03 Jun, 2026, 10.14 PM IST
RBI reviews expected credit loss rules amid concerns over impact on SME credit costsThe Reserve Bank of India is taking a closer look at its credit loss regulations, which may result in higher borrowing costs for small and ...
02 Jun, 2026, 12.24 AM IST