The Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...

HDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...

Indian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...

Public sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...

The government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...

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 ...

Banks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...

EEPC India has urged the government to create a distinct rating system for MSMEs. This new approach would consider their size and operation...

In the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...

Indian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in J...

Central Bank of India is set to expand its services with new initiatives including launching credit cards and a wealth management business....

Muthoot Finance is gearing up to secure ₹2,000 crore next week through the issuance of floating-rate bonds, which will mature in three year...

Bank of Baroda plans a 10 percent expansion of its corporate lending by FY27. A Rs 50,000 crore pipeline is in place, with significant dema...

State Bank of India achieved a record profit exceeding ₹80,000 crore. Despite investor concerns over net interest income and margin, Chairm...

Jefferies said the leadership uncertainty at HDFC Bank has become a major overhang for the banking sector, dragging benchmark valuations de...

Mahindra & Mahindra reported a strong 42% jump in net profit for the fiscal fourth quarter. Growth was seen across its automotive, farm equ...

RBI's repo rate cuts in FY26 were only partially passed on to borrowers, with lending rates declining but not matching the full policy redu...