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Aathira Varier is a banking and insurance reporter who covers the Banking, Financial Services and Insurance (BFSI) sector, with previous experience of covering equity markets. An economics graduate, she uses contextualisation and practical application of theory to communicate technical aspects of her beat.
Aathira Varier is a banking and insurance reporter who covers the Banking, Financial Services and Insurance (BFSI) sector, with previous experience of covering equity markets. An economics graduate, she uses contextualisation and practical application of theory to communicate technical aspects of her beat.
The rupee depreciated 6.37 per cent against the dollar in Samvat 2082 amid FPI outflows and global uncertainty, while the benchmark 10-year bond yield rose 69 basis points
Rupee shines across Asia; Brent sinks most in a week since Covid
The rupee gained 0.60 per cent to close at 93.91 against the dollar on Friday, its highest level since April 22, supported by falling crude oil prices and foreign equity inflows
The Nifty rose 2.4% to 24,536.60, while the Sensex gained 2.6%, as falling crude prices and strong foreign investor inflows lifted financial and auto stocks despite record DII selling.
In the first half of FY27, APE rose 5.72 per cent YoY to ₹30,696 crore
The rupee closed at 94.47 against the dollar, its strongest level since October 21, while the benchmark 10-year bond yield eased to 7.17 per cent as crude oil prices declined
Average microfinance loan ticket size rose 17.5 per cent to ₹63,100 in Q2FY27, while disbursements grew 5.1 per cent despite a contraction in the industry's loan portfolio
Rupee gains 1.25% since October after RBI curbs speculative bets, but remains down over 5% against the dollar in 2026
The benchmark 10-year government bond yield fell nearly 11 basis points, its sharpest decline in seven months, while the rupee gained for a fourth session amid falling oil prices
Insurers say customer awareness will be crucial as Irdai's four-layer motor insurance framework takes effect on December 15, allowing policyholders greater flexibility in choosing covers.
General insurers reported higher flood-related claims and worsening combined ratios in Q2FY27, adding to underwriting losses even as property insurance premiums showed signs of stability
The rupee appreciated for the third consecutive session, supported by foreign fund inflows into domestic equities, but a rebound in crude oil prices and geopolitical tensions capped gains
RBI Deputy Governor Swaminathan J stressed sound underwriting, appropriate risk pricing, stable deposits and strong governance to ensure sustainable growth in banking
Consolidated revenue rose 16.7 per cent to ₹43,416 crore, while assets under management increased 26.5 per cent to ₹5.85 trillion as of September 30
The benchmark 10-year government bond yield fell nearly 10 basis points to 7.32 per cent as crude prices declined, while the rupee strengthened for the second straight session
Insurance regulator Irdai has reduced the share-transfer approval fee from ₹50 lakh to ₹10 lakh and clarified compliance requirements for insurer IPOs, ESOPs and amalgamations
The microfinance lender said unauthorised transactions were made from one of its bank accounts on November 1, and it has sought fund recovery and the freezing of beneficiary accounts
Rising ransomware attacks and data breaches have pushed up cyber insurance claims in the banking sector, but increased reinsurance capacity continues to keep premium rates soft.
Muthoot Finance's Q2 FY27 consolidated profit rose 36 per cent to ₹3,278 crore, driven by gold loan growth, while loan AUM increased 42 per cent to ₹2.09 trillion
RBI data shows bank advances against fixed deposits rose 53.3 per cent to Rs 2.17 trillion in September 2026, while overall bank credit expanded 19.4 per cent year-on-year