Subrata Panda

Subrata Panda

India's digital fraud rate nearly double the global average: TransUnion

TransUnion says 7.1 per cent of digital transactions in India were suspected fraud attempts in 2025, with logistics, telecom and insurance sectors facing the highest risk

Updated On: 16 Jun 2026 | 12:27 PM IST

ECLGS 5.0 could raise debt levels of rated corporates by around 10%

Crisil Ratings says ECLGS 5.0 could add around 10% debt to rated companies as firms seek funding support to manage higher working capital needs amid the West Asia conflict

Updated On: 16 Jun 2026 | 11:51 AM IST

FCNR (B) inflows to help replace costly bulk deposits, aid bank margins

Expected inflows could help narrow the credit-deposit gap

Updated On: 14 Jun 2026 | 10:31 PM IST

RBI's FCNR(B) scheme may help NRIs earn up to 27 per cent returns

Brokerages estimate leveraged FCNR(B) deposits could generate annual returns of up to 27 per cent for NRIs while helping banks attract $30-60 billion in fresh foreign currency inflows

Updated On: 12 Jun 2026 | 5:24 PM IST

ICICI, Axis, BoB raise FCNR(B) deposit rates to 6% after RBI move

Lenders are raising FCNR(B) deposit rates following the RBI's special swap window, with some private banks offering rates above 6 per cent to attract NRI inflows

Updated On: 11 Jun 2026 | 11:37 PM IST

Bank credit growth at near two-year high of 17.65% in May 31 fortnight

Credit growth accelerated sharply in the fortnight ended May 31, while deposit mobilisation remained slower, widening the credit-deposit growth gap to 544 basis points

Updated On: 11 Jun 2026 | 11:33 PM IST

Axis Bank matches peers with 6% FCNR(B) rate under RBI's spl deposit scheme

Axis Bank has increased FCNR(B) deposit rates by up to 305 basis points, joining several lenders seeking to attract foreign currency inflows under the RBI's special swap facility

Updated On: 11 Jun 2026 | 12:54 PM IST

Dollar draw: Domestic banks raise their FCNR (B) deposit rates sharply

Major lenders have increased FCNR(B) deposit rates after the RBI offered to absorb hedging costs, a move aimed at attracting foreign currency inflows from NRIs

Updated On: 11 Jun 2026 | 10:19 AM IST

RBI asks banks to assess AI risk gaps, draw action plan by June-end

RBI has directed banks to assess cyber risks from advanced AI models such as Claude Mythos and submit mitigation plans by June-end

Updated On: 10 Jun 2026 | 12:05 AM IST

FCNR (B) returns: Rate differential may cloud inflows despite RBI support

Bankers expect FCNR(B) inflows of $20-45 billion as RBI absorbs hedging costs, though a much narrower India-US interest-rate differential may limit leverage-driven participation

Updated On: 09 Jun 2026 | 11:55 PM IST

HDFC Bank raises MCLR by up to 10 bps despite RBI holding repo rate steady

The country's largest private-sector lender increased lending benchmarks across tenors, with the sharpest rise in the two-year MCLR despite an unchanged policy rate

Updated On: 09 Jun 2026 | 10:28 PM IST

RBI launches FCNR(B) swap facility, allows banks flexibility on rates

The forex swap window, open until October 2026, will enable banks to mobilise fresh FCNR(B) deposits while the RBI bears the hedging cost on eligible inflows

Updated On: 08 Jun 2026 | 9:24 PM IST

PSU external borrowings may top $15 bn on RBI's concessional swap window

State-owned enterprises are expected to accelerate overseas fundraising to tap a funding-cost advantage of about 3 per cent under RBI's new forex swap facility

Updated On: 07 Jun 2026 | 11:32 PM IST

RBI swap support: Hedge-cost relief likely to lift FCNR(B) rates by 200 bps

RBI to bear hedging costs on FCNR(B) deposits till Sept 2026, aiming to boost NRI inflows and support the rupee amid weak capital flows

Updated On: 05 Jun 2026 | 11:15 PM IST

Differential deposit rates beyond RBI norms not acceptable: Sanjay Malhotra

RBI Governor Sanjay Malhotra says banks must remain transparent on deposit rates and cannot offer differential rates beyond categories permitted by the regulator

Updated On: 05 Jun 2026 | 5:42 PM IST

We may roll out 9 free trade agreements in next 10 months: Piyush Goyal

Commerce Minister Piyush Goyal said nine recently signed free trade agreements are expected to become operational within 10 months, with several more trade pacts in the pipeline

Updated On: 04 Jun 2026 | 11:09 PM IST

Sebi warns ICICI Bank over FPI fund repatriation under VRR framework

Market regulator Sebi has warned ICICI Bank for allowing an FPI to repatriate funds before completion of the committed retention period under the Voluntary Retention Route

Updated On: 04 Jun 2026 | 9:36 PM IST

India shouldn't let headwinds cloud its growth potential: Citi's Fraser

Citi Chair and CEO Jane Fraser says India remains the world's fastest-growing major economy and should stay focused on its long-term growth trajectory

Updated On: 04 Jun 2026 | 7:48 PM IST

US-India trade deal 99% complete, final talks under way: US envoy Gor

US Ambassador Sergio Gor said negotiators are working through the final technical and legal issues as both sides push to conclude the long-pending trade agreement

Updated On: 04 Jun 2026 | 12:08 AM IST

Banking resilience now hinges on adapting to new risks: DG Swaminathan

The RBI deputy governor said banks must prepare for emerging risks ranging from cyber threats and AI to geopolitical shocks and climate-related disruptions

Updated On: 03 Jun 2026 | 10:54 PM IST