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RUPEE LENDING
New Development Bank plans $7.5 billion funding to deepen rupee lendingThe New Development Bank is set to invest $7.5 billion in India, focusing on local currency financing aimed at strengthening emerging econo...
Fintech startup Navi said to hire banks for $315 million IPONavi Ltd. is preparing for an Indian IPO targeting up to $315 million, with JM Financial, Kotak Mahindra Capital, Goldman Sachs and JPMorga...
BofA to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unitBank of America is making headlines with its planned acquisition of a substantial 26.5 percent interest in Jio Credit. This deal, involving...
AI in this decade is what digitsation was in the last: RBI governorBanks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public...
From coffee to cars: Inside the Tata empire as its chairman steps downN Chandrasekaran will leave Tata Sons as chairman after failing to secure board approval for his reappointment, amid tensions with Tata Tru...
These 6 banking stocks have an upside potential of up to 25% in 1 year, according to analystsThis is worth noting: Despite sustained periods of FPI selling, banking stocks have not corrected to the extent one might have expected, es...
Muthoot Microfin awaits RBI response before raising ECBThe Kochi-based microfinance company received sanction letters from overseas investors in January and it has time till September to draw do...
RBI's FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billionThe Reserve Bank of India's deposit scheme has attracted significant foreign currency inflows. This scheme is expected to mobilize up to on...
Jefferies' Chris Wood sells HDFC Bank, PB Fintech shares to buy 2 new stocksJefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech's PolicyBazaar in favor o...
Billionaire Anil Agarwal’s Vedanta unit seeks mega $1.4 billion loan after business splitVedanta Aluminium Metal Ltd. is raising 135 billion rupees from three major banks. Axis Bank, HDFC Bank, and ICICI Bank are providing the s...
The next RBI policy: Likely more of the sameThe RBI's decision to keep the repo rate unchanged and retain a neutral stance signals policy continuity over pre-emptive action. With infl...
RBI MPC: Home loan borrowers can breathe a sigh of relief, but how long their good days will last?RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This deci...
These 7 banking stocks have an upside potential of up to 25% in 1 year, according to analystsLet us assume FPI buying continues. That last month was not a one-off, but the start of a trend. If so, then sooner or later this money wil...
Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...
Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facilityBanks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...
Korea’s leverage trap has an echo in IndiaIndian brokers are lending large sums to retail investors, creating systemic risk. Retail investors are borrowing heavily to buy stocks at ...
Axis, Kotak Mahindra raise charges for overseas card transactionsAxis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank's revised terms...
Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
Hailing youth, Uddhav Thackeray says this is just startUddhav Thackeray proclaimed that the youth have authored a remarkable chapter by compelling a minister to step down. He anticipates that th...
Foreign banks show strongest rate transmission in current RBI easing cycle: BulletinForeign banks showed strongest policy easing transmission during the rate-cut cycle. They lowered lending rates more sharply than other ban...