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FUNDING FOR SMALL FINANCE BANKS
Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...13 Jun, 2026, 12.55 AM IST- PNB, Ujjivan raise FCNR deposit ratesPunjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits for Non-Resident Indians. This move ...12 Jun, 2026, 11.45 PM IST
- Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...12 Jun, 2026, 04.34 PM IST
- ESAF Small Finance Bank's total business crosses Rs 50,000 crESAF Small Finance Bank has achieved a significant milestone. Its total business has now surpassed Rs 50,000 crore. Deposits reached Rs 26,...12 Jun, 2026, 03.26 PM IST
- Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...12 Jun, 2026, 02.16 PM IST
- Quant Small Cap Fund raises stake in Adani Enterprises and 8 others, trims in Aurobindo Pharma and 4 moreQuant Small Cap Fund increased exposure to Adani Enterprises and eight other stocks in May while reducing holdings in Aurobindo Pharma and ...12 Jun, 2026, 01.55 PM IST
- IFAD moves to unlock finance for Northeast India’s agroecology enterprisesSeventeen agroecology businesses from five Northeast Indian states met in Guwahati. They shared ideas and discussed challenges. The event a...11 Jun, 2026, 09.44 PM IST
- FD interest rates up to 7.80%: These 2 banks have increased fixed deposit rates on select tenures; investors to earn moreHIghest FD interest rates: Unity Small Finance Bank and AU Small Finance Bank have revised their fixed deposit interest rates, offering enh...11 Jun, 2026, 05.52 PM IST
- India sees $3 billion debt fundraising rush as yields slump after RBI moves, bankers sayIndian companies are actively raising short-term debt. This surge follows central bank actions that significantly reduced borrowing costs. ...11 Jun, 2026, 05.49 PM IST
- Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...11 Jun, 2026, 09.55 AM IST
- 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
- Some lenders hike rates on FX deposits for non-resident IndiansIndian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...10 Jun, 2026, 02.28 PM IST
- Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...10 Jun, 2026, 02.27 PM IST
- India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...10 Jun, 2026, 01.26 PM IST
- RBI MPC Meeting 2026: Will FD interest rates increase as RBI holds repo rate?Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a h...05 Jun, 2026, 12.23 PM IST
- Best small cap mutual funds to invest in June 2026Small cap mutual funds experienced a negative average return of 5% in 2025. Despite market volatility and rich valuations, investors are sh...05 Jun, 2026, 09.33 AM IST
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