Finance News

FinMin asks Nabard to study impact of RRB amalgamation during FY28

Finance Ministry asks NABARD to study RRB mergers' impact as viability reforms, IPO plans and tech integration aim to boost sustainability, inclusion and rural credit growth

RBI dollar sales keep rupee shy of 92 on Friday, hit new closing low

RBI intervention via dollar sales prevented the rupee from breaching the 92 mark, even as it closed at a fresh low amid FPI outflows and dollar strength

India's foreign exchange reserves hit record high of $709 billion

Reserves rise to a fresh peak after 17 months, aided by higher gold prices and revaluation gains, even as the rupee remains under pressure amid FPI outflows

Supreme Court to examine tax treatment of delayed PF, ESI deposits

Top court agrees to hear plea on whether employees' PF and ESI contributions deposited late can still qualify for tax deduction if paid before I-T return filing

Fintech's long march from disruption to discipline in its next chapter

A decade of rapid growth gives way to partnerships, governance, and the contours of Fintech 2.0. Raghu Mohan weighs in

Eco Survey calls to link microfinance investor exits to social metrics

Economic Survey 2025-26 urges linking microfinance investor exits to social impact metrics, warning that return-driven growth risks over-lending, borrower stress, and financial instability

DBS Bank sees rupee weakening to 93-94, flags need for inflow measures

Foreign investors have withdrawn roughly $4 billion from local equities in January, with bankers noting that external commercial borrowing and net foreign direct investment inflows also remain subdued

RBI likely defers plan to mandate climate risk disclosures by banks

The Reserve Bank of India's (RBI) proposed norms, which had been under discussion with banks since 2022

RBI to keep interest rates steady at 5.25% through 2026: Reuters poll

The central bank has lowered benchmark borrowing costs by a cumulative 125 basis points since February 2025

Corporates return to loans; wholesale credit rises for private banks in Q3

Corporate borrowers are returning to bank loans as pricing gaps with bonds narrow, driving strong wholesale credit growth for private banks in Q3 FY26

RBI should include liquid papers in OMOs for better yield signalling: SBI

Despite a cumulative 125 basis point cut in the repo rate and record liquidity injections of about Rs 6.6 trillion during the current financial year, yields remained elevated

IBC transformed insolvency landscape, but challenges remain: DFS secretary

To facilitate an expeditious resolution process under IBC and to ensure proper implementation of IBC, six amendments have been carried out in the IBC since its inception in 2016

Festival demand, GST 2.0 lifted credit card spend in Apr-Dec FY26

Dec spends rebound to top Rs 2 trillion; 2025 added 7.72 million cards

Reserve Bank of India moves OMO dates forward as 10-year yield hits 6.72%

Yield at highest level since March 2025; central bank also announces ₹50K crore VRR

RBI outlines resolution framework for loans hit by natural calamities

The framework also factors in decisions of the State Level Bankers' Committee (SLBC) and District Consultative Committee (DCC)

RBI-ESMA agreement allows CCIL to reapply for latter's recognition

CCIL can re-apply for recognition; Esma in talks with Sebi, IFSCA for similar agreement

PFRDA launches NPS Swasthya Pension Scheme under regulatory sandbox

PFRDA has approved a pilot NPS Swasthya Pension Scheme under its regulatory sandbox to test health-linked benefits, allowing medical withdrawals and premature exits for treatment

Financial inclusion index should disclose all parameters: Sumita Kale

RBI's Financial Inclusion Index needs greater transparency, granular data and a shift towards usage, quality and household financial well-being, says Indicus Foundation CEO Sumita Kale in an interview

PFRDA sets up expert panel SAARG to modernise NPS investment framework

PFRDA has set up a high-level expert panel, SAARG, to review and modernise the NPS investment framework, focusing on asset allocation, risk governance and long-term returns

Forex reserves rise $14 billion in best week in 10 months: RBI data

At $701 billion, reserves at 13-week high; shy of all-time high of $705 billion