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The rupee slipped amid muted global risk appetite and firm US yields, though RBI intervention helped cap losses, while forex reserves hit a new record of $725.7 billion
It has nearly ₹1 trn capacity to lend towards this segment; bank to file prospectus with Sebi by March for SBI MF IPO
A six-month pause would give market participants time to submit feedback, conduct impact assessments and engage in constructive consultations, according to the letter
RBI's easing of ECB rules-expanding eligibility, lifting limits and removing pricing caps-is expected to spur offshore fundraising, especially as refinancing demand rises
The RBI has postponed the implementation of the UTI framework for OTC derivatives to 1 January 2027, extending timelines for reporting and allowing markets more operational flexibility
The new norms are slated to kick in from April 1
The RBI has declared the notification for the recruitment of Assistant - Panel Year 2025 on its official website rbi.org.in. The deadline to apply online for RBI Assistant positions is Mar 8, 2026
The approval was granted under the latest RBI Master Directions for 2025-26
Sumit Madan talks about RBI's proposed guidelines on mis-selling and their likely impact on the company and the sector, the firm's business plans going forward, among other issues
Rising CD yields and lower perceived risk draw investors away from CPs as banks ramp up short-term borrowings amid deposit tightness
From a customer perspective, the stricter norms are welcome, industry executives said
India pilots CBDC-based digital food coupons in Gujarat, enabling beneficiaries to redeem ration entitlements through programmable e₹ instead of physical grain
All credit facilities to securities firms will have to be backed by collateral, while lending for trading on their own account or investments by brokers will be prohibited
With this approval, Bain Capital will be classified as a promoter of the Company and will jointly control Manappuram Finance along with the existing promoters
RBI allows NBFCs to factor in default loss guarantees from lending apps while computing ECL provisions, tightening uniformity without diluting prudential safeguards
Bank credit rises 14.6% year-on-year in fortnight ended January 31, while deposit growth remains firm at 12.5%, RBI data show
Draft norms cap bank exposure to 49% of REIT asset value and prohibit funding for land acquisition, even if part of a project
Shriram Finance says RBI has confirmed Japan's MUFG Bank does not require prior approval for proposed 20% stake acquisition
AU Small Finance Bank secures RBI approval to reappoint Sanjay Agarwal as MD & CEO for three years from April 19, 2026
Agarwal first became MD of AU Financiers on February 14, 2008, and subsequently MD & CEO of AU Small Finance Bank on April 19, 2017, when the institution transitioned into a bank