Finance News

The auction will take place between 9:30 am and 10:00 am on March 23, and the reversal of these funds will take place on March 24, as per the central bank's release

Scheme aims to ease liquidity constraints, boost credit flow to small borrowers, and support microfinance institutions with graded guarantee cover and lending norms

Reserves decline driven by fall in foreign currency assets, while gold holdings rise marginally; analysts expect pressure to persist amid geopolitical tensions and outflows

Central bank penalises HSBC for non-compliance with norms on unclaimed deposits, including failure to maintain database and assign reference numbers

India's corporate bond market has seen subdued activity amid global uncertainty and rising yields, with issuers deferring borrowings and FY26 issuances trailing last year's levels

RBI board reviews global and domestic economic scenario, as rising oil prices, rupee pressure and geopolitical tensions pose challenges for monetary policy outlook

India's credit culture is evolving rapidly, with 183 million people monitoring their CIBIL scores in 2025. Gen Z is leading the shift towards proactive financial awareness and ownership

At the interbank foreign exchange, the local unit opened at 92.92 against the greenback and soon breached the 93-mark for the first time

RBI's swift support for HDFC Bank after chairman's exit aims to calm depositor and investor sentiment, reflecting a rare but not unprecedented regulatory intervention

ICAI is coordinating with NFRA to identify overlapping cases and avoid duplication of investigations, aiming to improve regulatory efficiency and oversight

First-time credit monitoring in India rises 27%, with user base reaching 183 million, driven by Gen Z, women and non-metro consumers, says CIBIL report

For the past few years, both countries have focused on local currencies to settle bilateral trade and reduce reliance on the US Dollar

Currency weakens on importer demand and thin dollar liquidity, with trade deficit concerns and Fed policy outlook weighing on sentiment

Study finds weak tax pass-through in food and household goods, while consumer durables such as cars and air conditioners show clearer price declines

Move follows RBI approval and revised norms, allowing banks to fund NBFC subsidiaries; Axis Finance may list after becoming upper-layer NBFC

Central bank to hold three-day VRR auction on Friday as surplus liquidity falls below ₹1 trillion amid advance tax and GST outflows

Overseas investment declines year-on-year and sequentially, with moderation in equity commitments and mixed trends in loans and guarantees

Axis Bank, which has invested ₹2,375 crore in Axis Finance over the ​past decade, plans to complete the infusion by March 2027 ‌through a cash consideration in one or more tranches

According to the latest data, BHIM currently holds a 0.86 per cent share of UPI transactions

Foreign investors pulled out Rs 1.37 trillion from equities in FY26, while debt saw modest inflows supported by attractive yields and expectations of global index inclusion