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India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
Adani Energy Solutions vs Power Grid Corp: Which stock is Jefferies betting on?Jefferies remains bullish on both Adani Energy Solutions and Power Grid Corp but sees significantly stronger growth in AESL, driven by tran...
Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
RBI proposes tighter disclosure norms for deposit rates, links bulk deposit pricing to liquidity rulesThe Reserve Bank of India is proposing new rules for bank deposit interest rates. Banks will need to publish their rates daily. They can al...
Paying beyond disclosed rates to attract deposits not acceptable: RBI Guv Sanjay MalhotraReserve Bank Governor Sanjay Malhotra stated that paying interest rates higher than disclosed is unacceptable to the central bank. While ac...
RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
Differential deposit rates permitted but must be transparent, says RBI Governor amid HDFC Bank rowThe Reserve Bank of India permits banks to offer different interest rates on deposits. These rates must be transparent and follow specific ...
Titan Company shares gain 2%. Why JPMorgan, others see up to 28% upside after analyst call?Titan shares are seeing gains as brokerages maintain a positive outlook. The company has outlined ambitious growth plans for the coming yea...
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...
US economy remains strong, India must accelerate reforms and AI adoption: Ajay SrivastavaMarket veteran Ajay Srivastava highlights the U.S. economy's robust performance, contrasting it with Indian investors' perceptions. He emph...
Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
Fertiliser firms seek more green ammonia as Iran war disrupts suppliesIndia's government is reviewing green ammonia demand from fertiliser companies. This comes as companies seek more long-term supply contract...
Shot of hike as painkiller: India’s economic storm calls for decisive MPC actionIndia's economy faces a perfect storm. The rupee is at historic lows, subsidies are soaring, and fiscal deficit risks are rising. Capital o...
HDFC Bank shares fall 5% in two sessions; lender responds to recent Rs 45 crore differential payment reportHDFC Bank shares dropped for a second day following a report of an internal investigation into Rs 45 crore in payments disguised as marketi...
HDFC Bank denies allegations of disguising interest payoutHDFC Bank stands resolutely against accusations of misconduct as an investigative report alleges that it masked differential interest payme...
HDFC Bank shares fall 2% on reports of internal probe over Rs 45 cr interest paymentsHDFC Bank shares fell after a report revealed an internal investigation into Rs 45 crore payments to Maharashtra State Road Development Cor...
HDFC Bank 'strongly' rejects Rs 45 cr payment route wrongdoingHDFC Bank has strongly denied media reports alleging wrongdoing. The bank stated its internal oversight, audit, and control systems are rob...