Finance News

RBI curbs on rupee positions may force unwinding of arbitrage bets

The rupee has hit a string of all-time lows and is down about 4.2 per cent this month, its worst decline in over seven years, sliding to 94.84 versus the US dollar on Friday

RBI plans cross-border revamp, lighter rules for small payment firms

RBI's Payments Vision 2028 proposes reforms in cross-border payments and a lighter regulatory framework for small payment firms to boost innovation and efficiency

RBI open market operations help banks cut treasury losses in Q4FY26

RBI's bond purchases and switch operations are helping banks cushion treasury losses in Q4 despite rising yields driven by global volatility and the West Asia crisis

Bank credit growth slows to 13.8% in March 15 fortnight, deposits rise

Bank credit growth eased to 13.8 per cent in the March 15 fortnight, while deposit growth improved to 10.8 per cent, reflecting tax outflows and seasonal lending trends

India's forex reserves drop $11.41 billion to $698.346 billion: RBI data

The kitty had expanded to an all-time high of $728.494 billion during the week ended February 27 this year, before the onset of the West Asia conflict

Rupee tanks 86 paise to settle at fresh all-time low of 94.82 vs US dollar

A sharp decline in the domestic equity markets and sustained FII outflows put further pressure on the local unit, according to forex traders

BFSI firms use AI, but only a handful track its impact on revenue

AI adoption is widespread in BFSI firms to improve efficiency, but most companies lack mechanisms to track its revenue impact, limiting its role in driving measurable business outcomes

MFI guarantee scheme offers relief, but sector faces key challenges

Centre's credit-guarantee scheme offers temporary relief to microfinance institutions, but sustainable recovery will depend on improved lending practices, risk management, and sector discipline

RBI injects ₹65,322 crore in banking system via 6-day VRR auction

The RBI injected the funds at a cut-off rate of 5.26 per cent and a weighted average rate of 5.29 per cent

RBI to hold key interest rate unchanged until at least mid-2027: Poll

Most economists said the RBI is unlikely to deviate from the ​neutral stance it has maintained since June given the uncertainty around how long the conflict will ‌persist

West Asia conflict: Bankers suggest Covid-like moratorium for MSMEs

Flag cash-flow risks to RBI, Centre amid West Asia war

Bank holidays March 2026: Banks to remain closed for next 4 days, know why

Banking operations across India will be impacted this week as branches will remain closed on four days between March 26 and March 29, 2026. As per the holiday calendar issued by the RBI

RBI cancels Treasury bill auction amid high bids to boost liquidity

Central bank rejects all bids at weekly auction, aiming to avoid signalling higher yields and support liquidity ahead of financial year-end

RBI rejects all treasury bill bids as investors seek higher returns

The central bank did not accept any investor bids for 91-day, 182-day and 364-day T-bills. The RBI announced the auction of short-term government securities on February 21

Rupee gains on fall in crude and dollar index; bond yields harden

The rupee strengthened after three days of losses on easing crude and dollar index, while bond yields hardened on higher-than-expected SDL auction cut-offs

Digital personal loan value outpaces volume growth in Q3 FY26: FACE

Digital personal loan value rose sharply in Q3 FY26, outpacing growth in loan volumes, highlighting strong demand for higher-ticket credit

RBI's misselling proposals may reshape how retail game is played hereupon

RBI's draft norms on misselling aim to strengthen customer protection, but raise concerns over regulatory overreach and impact on banking sales models

RBI injects ₹55,837 crore in banking system through 3-day VRR auction

The RBI injected the funds at cut-off and weighted average rates of 5.26 per cent, the central bank said

Bond yields trim losses after Donald Trump's signal on Iran pause

Rupee hits fresh low, nears $94 a $

RBI in talks with central banks of four to five countries on CBDC

The move is expected to bring down the cost of remittances and reduce checks on cross-border transactions