IPO-bound Zetwerk anticipates a rise in operating income to Rs 15,900 crore in FY26, driven by strategic exits from non-core segments and r...

India's textile exports are set for a boost following the end of the West Asia conflict. European orders are expected to rise, improving pr...

Banks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...

RBI’s FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRI...

Agricultural and rural credit demand is projected to remain strong through 2026-27, driven by rising input costs, expanded Kisan Credit Car...

In an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...

Aggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...

The push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...

Bank of Baroda and Canara Bank have raised their lending rates. These changes are effective from June 12, 2026. Loans linked to these rates...

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

Following the revision, the bank's MCLR, which is the lender's internal benchmark for pricing loans, stands in the range of 8.05% to 8.65%,...

Canara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is pursuing legal avenues for the remaining amount. Th...

A promoter entity of Ajanta Pharma sold shares worth over Rs 1,024 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya B...

Aviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic ...

RBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...

HDFC Bank has increased its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 10 basis points, effective June 8, 2026. The revised...

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...