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$127 billion deposits raise new rupee risk as banks face future FX interest billsWith over $127 billion raised in overseas FX deposits since June, Indian banks are now confronting a risky situation regarding unhedged fut...
S&P assigns Bank of India 'BBB' rating on capital, funding strengthS&P Global Ratings assigned a BBB long-term rating to Bank of India. This rating reflects sufficient capitalisation, solid funding, and hea...
India bonds stuck in narrow range, focus on oil, RBI liquidity movesIndian bond traders are navigating uncertain waters as soaring oil prices weigh heavily on market sentiment. In response, the Reserve Bank ...
IFCI shares slide 7% after stellar 30% monthly surge amid NSE IPO buzzIFCI shares fell 7% after a sharp recent rally, after the stock rallied nearly 30% in a month amid Sebi’s approval of the NSE IPO. IFCI has...
In 2002, Kansas listed the North Cottonwood River for copper pollution. 12 years later, farm conservation helped lower copper from 14.1 to 3.5 µg/L and restore the riverNorth Cottonwood River restoration: Kansas listed the North Cottonwood River as impaired by copper pollution in 2002. Agricultural runoff w...
Bank of Maharashtra, Canara Bank eye dollar debt issuance this month, bankers sayCanara Bank and Bank of Maharashtra will raise $500 million each through dollar bonds. These lenders will issue three-year or five-year pap...
Rupee ends flat, hemmed in by RBI intervention, oil pangsThe Indian rupee remained steady on Monday, supported by central bank intervention. Rising oil prices and concerns over energy flows also i...
Global Market: China insurer recapitalisation may ease capital constraints and support stock investmentsChina’s planned $53.6 billion recapitalisation of state-owned insurers and banks could ease solvency pressures and strengthen insurers’ cap...
REC set to debut tokenised corporate bond sale next week: BankersIndia will launch tokenized corporate bonds next week using blockchain technology. State-run REC aims to raise five billion rupees through ...
OpenAI commits $1 billion to cyberdefense effort amid AI safety scrutinyOpenAI on Thursday, alongside the cybersecurity initiative, also unveiled Astra, a new AI model it described as its most capable yet but sa...
Russian Sberbank works towards expansion in IndiaThe expansion comes as India and Russia seek to widen economic ties. The two countries have set a target of $100 billion in annual trade by...
Rupee holds firm at 94.97 on RBI dollar salesThe Indian rupee remained above 95 against the dollar for a second day. Traders attribute this performance to aggressive dollar sales by th...
Iran defiant as Scott Bessent says US likely to announce bank sanctions this weekWashington plans to announce bank sanctions against Iran this week. Oil prices increased after direct attacks and tanker incidents. Iran wa...
RBI intervention, dollar flows push Indian rupee to two-month peakThe Indian rupee surged to a two-month peak against the U.S. dollar, buoyed by decisive central bank interventions and dollars flowing in f...
HDFC Bank next CEO: Check bankers in the running for top jobHDFC Bank has accelerated its search for a successor to CEO Sashidhar Jagdishan, who will not seek an extension, with an executive search f...
HDFC Bank CEO race: Who could be in the running to succeed Sashidhar Jagdishan?HDFC Bank is actively searching for a new chief executive officer. The bank expects to appoint an executive search firm soon. Several inter...
India bonds slump on Fed rate hike bets, benchmark trades at discountIndian government bonds faced a downturn on Monday as yields spiked significantly. Hawkish statements from the head of the U.S. Federal Res...