Manojit Saha

India must embrace AI to remain competitive, while leveraging overseas acquisition opportunities and strengthening its investment proposition to attract global capital, says Citi's Viswas Raghavan

Citi's Vis Raghavan says India must become an AI-native nation, while highlighting strong pipelines for IPOs, M&As and cross-border deals amid growing global uncertainties.

The Technical Consultative Committee for Financial Markets, headed by Deputy Governor Rohit Jain, will meet at least once a quarter to discuss policy, operational and market infrastructure issues

The committee will engage market participants on policy, liquidity, resilience, infrastructure and operational issues across money, government securities, forex and derivative markets

Axis Bank MD and CEO Amitabh Chaudhry says the current credit-growth cycle is more broad-based, with stronger bank capital, improved underwriting and better risk management

Currency in circulation rose 13.5% YoY to ₹43.46 trillion in October, while reserve money grew 10.3%, supported by FCNR(B) inflows and RBI liquidity measures

South Indian Bank MD & CEO Mahesh Pai plans to enter the credit card business within six months, boost retail lending, expand branches and target 15-16% credit growth over the next two years.

Special window for PSU oil companies from Monday; Forex dealers will not permit users to rebook any foreign exchange derivatives

RBI changes the policy stance to "calibrated tightening" from neutral

RBI Governor Sanjay Malhotra says profit or surplus is incidental to the central bank's operations, stressing overall economic benefits amid questions over swap costs.

India's inflation-targeting framework has anchored price expectations, but economists see scope to refine its mandate

Ghate says flexible inflation targeting has established a credible nominal anchor, while stronger monetary-fiscal coordination remains important for managing inflation

"Core inflation helps in assessing the persistence of inflationary pressures and the likelihood of second order effects"

Commercial banks mobilised $133 billion in FCNR(B) deposits after the RBI opened its concessional swap window in June, prompting the scheme to close a month early

With global central banks raising rates, RBI may need to drain excess banking liquidity and align overnight rates with the repo rate before embarking on a fresh tightening cycle

The state-run lender plans to launch wealth management services in early 2027 and is adding 50,000-60,000 credit cards every month as it seeks new growth avenues

Gautam Aggarwal explains the opportunity for credit cards in the country, elucidates his strategy on services, and addresses his thoughts on a potential linkage to home grown payments network UPI

Suresh Sethi, who took charge as Visa's group country manager for India & South Asia in April this year, addresses the growth challenge for cards amid the growing dominance of UPI

Doraiswamy spoke about LIC's plans to maintain its VNB margin at 24-25% and target double-digit growth, its investment strategy and distribution network

HDFC Life CEO Vibha Padalkar expects growth to return to early teens, with bancassurance, term insurance and non-par products driving expansion