Finance News

RRBs have achieved a historic consolidated net profit of Rs 7,720 crore in just the first nine months of FY 2025-26, driving gross NPAs down to a 13-year low of 5.4 per cent

The rules state that at least 2.5 per cent of each class of securities must be offered to the public at the time of listing, irrespective of the post-issue threshold

The value of the gold reserves declined by $1.612 billion to $130.017 billion during the week, the RBI said

Fintech funding rose slightly to $2.4 billion in CY25, but geopolitical tensions in West Asia may slow investment flows as venture capital investors turn cautious about deploying capital

EU regulator's demand to audit Indian central counterparties' books seen as extraterritorial

This is a short-term phenomenon; if the conflict prolongs it would have an adverse impact on remittances, sources said

Supreme Court issues notice on plea challenging EPF Scheme provisions requiring foreign nationals working in India to contribute to provident fund

RBI Governor Sanjay Malhotra calls for collaborative efforts to boost public confidence in digital payments as the central bank launches a rural awareness pilot

Fintech firm launches 'Agent Studio' built on Anthropic's Claude technology to deploy AI agents that manage tasks such as dispute resolution, cart recovery and cash-flow forecasting

RBI will purchase Rs 50,000 crore of government bonds through an open market operation auction on Friday as part of its liquidity infusion measures

Banks told the RBI the proposal could breach client confidentiality and conflict with data and reporting rules in other jurisdictions

The rupee strengthened and bond yields eased as crude oil prices fell sharply from recent highs, improving market sentiment and boosting demand for government securities

Additional payout raises total settlement to ₹645 crore after reconciliation of claims linked to a fraud involving a Haryana government account

Cyber fraudsters duped nearly 77,000 people in Odisha of about Rs 712 crore in the last 18 months, Chief Minister Mohan Charan Majhi told the state Assembly

RBI Deputy Governor Swaminathan J cautions that while digital lending and platform-based models expand financial access, weak credit underwriting could deepen borrower distress

The state-owned bank believes that engaging in such business could expose it to risks as it has a sizable loan portfolio in global markets, and also hurt its reputation

The currency was last up 0.15 per cent at 92.18, still close to its all-time low of 92.3475 hit in the previous session

RBI's MPC may face a tough growth-inflation trapeze

The rupee touched a fresh low as crude oil prices crossed $100/bbl and global volatility rose, while bond yields eased later after the RBI's OMO purchase helped stabilise sentiment

At a review meeting, the finance ministry directed public sector banks to minimise adjournments and speed up CIRP filings, aiming to accelerate NCLT admission and resolution timelines