India's foreign exchange reserves fell by $711 million to $681.61 billion in the week ended June 5, as a decline in foreign currency assets outweighed gains in gold reserves
Brickwork Ratings expects NBFC balance sheets to expand to ₹92.9 trillion by FY28, while warning of rising stress in unsecured and rural credit segments
The microfinance industry body expects stronger participation in the government's credit guarantee scheme after its validity was extended to August 31, 2026
While overall asset quality improved in April, a rise in early delinquencies and slower loan disbursals indicate lenders remain focused on portfolio discipline
State-owned entities are expected to lead fundraising under the RBI's concessional swap facility, with market participants estimating inflows of $15-20 billion
Draft framework would allow lenders to align deposit rates with liquidity costs under LCR norms, improving pricing efficiency and balance-sheet management
The NBFC self-regulatory organisation said the limited availability of certified recovery agents in smaller towns could affect the viability of small-ticket lending operations
The group plans to build a 35-location wealth management network, target affluent clients and list Godrej Capital by 2031 while expanding its lending business
Large-ticket deposits are gaining prominence as banks struggle to mobilise retail savings, increasing reliance on a small pool of high-value depositors
Indian banks' ROAs may have peaked at 1.4% in FY25, with declining net interest margins, rising costs and funding pressures expected to limit further profitability gains
Company reports steady earnings growth driven by higher income, while lending arm raises deposit rates and insurance units see mixed performance amid market volatility
RBI's new expected credit loss framework may lower CET-1 ratios and increase provisioning in early years, though banks are likely to absorb the impact over time
Bajaj Finance reported a 23 per cent rise in Q4 FY26 profit, supported by strong NII growth and lower provisions, with AUM crossing the Rs 5 trillion mark
Piramal Finance expects strong growth in AUM and profits by FY27, while planning stake sales in non-core businesses and expanding its rural lending and branch network
Piramal Finance reports sharp rise in Q4 profit driven by one-off gains, while core operating performance remains stable with steady asset quality and growth
Tata Capital's Q4 profit jumps 80.6% on higher income and lower credit costs, with strong AUM growth and improved asset quality boosting overall performance
Rupee rises after four sessions of losses, supported by ceasefire hopes, lower crude prices and FPI inflows, though elevated oil levels cap sharp appreciation
