Finance News

RBI maintains status quo, sees FY27 growth at 6.9% with downside risks

Projects inflation to rise to 4.6% in FY27 from 2.1% in FY26, GDP growth to slow to 6.9% from 7.6%

Updated On: 08 Apr 2026 | 11:58 PM IST

CBDC transactions cross 150 million, value exceeds Rs 34,000 crore

CBDC transactions have crossed 150 million with value exceeding Rs 34,000 crore, as RBI works on programmability and gradual rollout of digital currency

Updated On: 08 Apr 2026 | 7:36 PM IST

Negative returns in long-duration funds: Stay invested if horizon extends

New investors may make a staggered entry with a horizon that matches these funds' portfolio maturity

Updated On: 07 Apr 2026 | 10:52 PM IST

RBI retains credit default swap cap at 5%, sets ₹3.3 trn limit for FY27

Central bank keeps CDS cap unchanged and raises FPI debt limits in line with expanding securities stock, while aligning VRR investments with general route norms

Updated On: 06 Apr 2026 | 8:32 PM IST

Formal credit deepens reach as informal borrowing drops to 1%: Survey

NCAER-MFIN survey shows sharp fall in informal borrowing and full digitalisation of loan disbursements, with most loans now used for income-generating activities

Updated On: 02 Apr 2026 | 8:40 PM IST

India's ultra-luxury audio market grows as sound becomes a status marker

From hidden speakers to bespoke acoustic engineering, India's luxury homes are investing heavily in high-end audio systems, where sound is no longer a device but an integral part of design, lifestyle

Updated On: 02 Apr 2026 | 6:13 PM IST

What are the best term insurance plans for working women?

Term insurance becomes crucial after 30 as premiums rise with age; locking in early ensures stable costs and financial protection for dependents, helping secure long-term goals and liabilities

Updated On: 02 Apr 2026 | 4:40 PM IST

IBC Bill passed; FM highlights land authorities can join CoC meetings

Parliament passes IBC Bill allowing land authorities in CoC meetings, with around 50,000 homebuyers expected to benefit from pending real estate cases

Updated On: 01 Apr 2026 | 7:43 PM IST

Correction in silver funds: Enter gradually with minimum five-year horizon

Existing investors who have become overweight after the bull run of the past year should book partial profits and rebalance

Updated On: 31 Mar 2026 | 10:13 PM IST

Irdai notifies Ind AS norms for insurers; allows one-year forbearance

Regulator allows one-year forbearance and extends parallel reporting to two years as insurers transition to Ind AS framework from April 2026

Updated On: 30 Mar 2026 | 8:15 PM IST

Banks' gold loan portfolio surges 128% in February, shows RBI data

Gold loans drive retail credit growth, with bank lending against jewellery doubling year-on-year in February, sharply outpacing overall retail loan expansion

Updated On: 30 Mar 2026 | 7:56 PM IST

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

Updated On: 28 Mar 2026 | 6:39 PM IST

Irdai asks insurance companies to keep branches open on March 31

Regulator directs insurers to maintain normal working hours on financial year-end to avoid inconvenience to policyholders

Updated On: 25 Mar 2026 | 9:16 PM IST

West Asia crisis needs close monitoring and proactive steps: RBI

RBI report calls for close monitoring of West Asia conflict and proactive steps to limit spillovers, citing India's oil dependence and rising global volatility

Updated On: 23 Mar 2026 | 10:59 PM IST

Gold loan industry body seeks six-month deferment of RBI's new norms

The new framework, which is scheduled to come into effect on April 1, 2026, aims to strengthen regulatory oversight and promote responsible lending practices in the gold loan segment

Updated On: 23 Mar 2026 | 7:39 PM IST

Mule networks remain difficult threat in loan frauds, scams: Report

Mule networks continue to drive frauds and scams, with operations turning transnational and causing heavy losses for Indian users, according to a Bureau report

Updated On: 23 Mar 2026 | 6:39 PM IST

RBI to conduct ₹1 trn overnight variable rate repo auction on Mar 23

The Reserve Bank of India on Friday said it will conduct an overnight variable rate repo (VRR) auction of Rs 1 lakh crore on March 23. 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. The central bank announced the auction based on the current and evolving liquidity conditions of the banking system, the release added. Currently, the liquidity in the banking system is estimated to be in surplus of around Rs 16,875.36 crore. Earlier today, the central bank infused Rs 25,101 crore transient liquidity in the banking system through a three-day VRR auction. On March 17, the central bank injected Rs 48,014 crore liquidity into the banking system via a seven-day VRR. Before this, the RBI has infused Rs 3.50 lakh crore of durable liquidity into the banking system through open market purchase (OMO) of government securities since January 2026.

Updated On: 20 Mar 2026 | 10:00 PM IST

FY27 funds won't be enough to meet targets under key programmes: Mospi

Mospi flags FY27 fund shortfall despite years of underspending and large surrenders, as a parliamentary panel highlights gaps in utilisation and fiscal planning

Updated On: 17 Mar 2026 | 11:00 PM IST

NFRA suggests stronger internal control operations for audit companies

Inspection reports on four major audit firms highlight gaps in internal controls, documentation and oversight of non-audit services, while urging stronger compliance and monitoring systems

Updated On: 16 Mar 2026 | 10:39 PM IST

SC to hear challenge against EPF rules governing international workers

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

Updated On: 12 Mar 2026 | 10:42 PM IST