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...

India and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...

Hudco aims to secure one billion dollars in foreign debt. This will be achieved through the Reserve Bank of India's concessional forex swap...

Banks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...

In a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...

Avaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public m...

Indian banks face significant exposure due to energy import reliance. Higher fuel costs will strain consumers and businesses, increasing cr...

The Reserve Bank of India is proactively assessing potential borrower stress due to the US-Iran conflict, engaging with local credit rating...

The rupee ended fiscal 2026 as the worst performer in Asia against the US losing close to 10% of its value in a year marked by record exits...

India has increased import duties on gold and silver to 15 percent. This move aims to reduce imports and protect foreign exchange reserves....

India's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...

Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hike...

NRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...

Studying abroad involves more than just academic merit; it's a significant financial investment. Indian students often underestimate hidden...

In recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...

Petronet LNG is seeking a ₹120 billion ($1.4 billion) loan to fund a petrochemical plant in Dahej and an LNG terminal in Gopalpur. SBI Capi...

“In the first year. we have done five green projects just under billion dollars in each of our member countries.”