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Anjali Kumari

Anjali Kumari

Anjali Kumari

Anjali Kumari

Anjali Kumari

Bank of India hikes interest rates on select medium and long-term deposits

Bank of India has revised interest rates on select fixed deposits below ₹3 crore across medium and long-term tenures, with the revised rates taking effect from May 18

Bank of India hikes interest rates on select medium and long-term deposits
Updated On : 18 May 2026 | 11:48 AM IST

Rupee hitting 100 per dollar in the next six months? Not soon, say experts

Market participants said that any sharp depreciation towards the 100/$ level may prompt policy responses from the government and the RBI, similar to measures introduced during the 2013 currency crisis

Rupee hitting 100 per dollar in the next six months? Not soon, say experts
Updated On : 17 May 2026 | 11:32 PM IST

Don't think India wants to move towards stringent capital controls: Kotecha

India is in a far healthier position from an economic perspective than it was during the taper tantrum period

Don't think India wants to move towards stringent capital controls: Kotecha
Updated On : 17 May 2026 | 10:56 PM IST

At a fresh low: Rupee slips past 96 on stronger US dollar index

SBI report says another ₹2 depreciation wipe out oil co's gain; Bond yields harden after fuel price hike

At a fresh low: Rupee slips past 96 on stronger US dollar index
Updated On : 16 May 2026 | 12:18 AM IST

BoB's floating provision of ₹1,500 cr 'a balance sheet-boosting measure'

Bank of Baroda expects strong loan growth in FY27, supported by retail and MSME demand despite geopolitical uncertainties

BoB's floating provision of ₹1,500 cr 'a balance sheet-boosting measure'
Updated On : 15 May 2026 | 10:13 PM IST

RBI announces seven-day VRR auction worth ₹1 trillion next week

The Reserve Bank of India will conduct a seven-day variable rate repo auction worth Rs 1 trillion to manage evolving liquidity conditions in the banking system

RBI announces seven-day VRR auction worth ₹1 trillion next week
Updated On : 15 May 2026 | 7:49 PM IST

India's foreign exchange reserves rise by $6.29 bn on higher gold reserves

India's foreign exchange reserves increased to $696.99 billion in the week ended May 8, led by a sharp rise in gold reserves, according to RBI data

India's foreign exchange reserves rise by $6.29 bn on higher gold reserves
Updated On : 15 May 2026 | 7:36 PM IST

Regulators, officials keep close watch on heightened geopolitical frictions

Says, it will keep a close watch on the emerging situation

Regulators, officials keep close watch on heightened geopolitical frictions
Updated On : 14 May 2026 | 11:46 PM IST

Rupee nears 96/$ amid aggressive importer dollar demand, before rebound

The rupee hit a fresh low amid importer dollar demand and inflation concerns, before reports of possible tax cuts for foreign bond investors triggered a brief recovery

Rupee nears 96/$ amid aggressive importer dollar demand, before rebound
Updated On : 14 May 2026 | 11:29 PM IST

Rupee weakens to record closing low, approaches 96 against the dollar

Persistent importer demand, elevated crude oil prices and West Asia tensions pushed the rupee to a record closing low despite RBI intervention

Rupee weakens to record closing low, approaches 96 against the dollar
Updated On : 13 May 2026 | 10:39 PM IST

RBI announces switch auction for Rs 30,000 crore government bonds

RBI said the switch operation will help the government spread redemption liabilities and reduce rollover risks by replacing short-term securities with longer-tenor bonds

RBI announces switch auction for Rs 30,000 crore government bonds
Updated On : 13 May 2026 | 8:46 PM IST

PFC Q4 results: Profit rises 24% to ₹6,315 crore aided by lower expenses

CEO concerned over lower group exposure norms post elevation to upper layer

PFC Q4 results: Profit rises 24% to ₹6,315 crore aided by lower expenses
Updated On : 13 May 2026 | 7:50 PM IST

'Total ECL-related provisioning requirement around ₹10,000 crore'

We expect to extend an additional Rs 18,000 crore- Rs. 20,000 crore of credit under the scheme. We have already identified eligible accounts, and the rollout will begin within the week, he said

'Total ECL-related provisioning requirement around ₹10,000 crore'
Updated On : 13 May 2026 | 6:26 PM IST

RBI's 3-day VRR auction receives muted demand amid surplus liquidity

Banks bid far below the notified amount at the RBI's short-term repo auction as surplus liquidity reduced the need for additional funds

RBI's 3-day VRR auction receives muted demand amid surplus liquidity
Updated On : 12 May 2026 | 11:09 PM IST

Rupee hits fresh low of 95.75 per dollar amid crude oil, FPI pressure

Worst-performing Asian currency in 2026, second-worst since Iran war

Rupee hits fresh low of 95.75 per dollar amid crude oil, FPI pressure
Updated On : 12 May 2026 | 10:58 PM IST

Rupee weakens to fresh low of 95.31 per dollar amid West Asia conflict

The rupee weakened sharply as rising Middle East tensions lifted crude oil prices, strengthened the dollar and intensified pressure on India's external balances

Rupee weakens to fresh low of 95.31 per dollar amid West Asia conflict
Updated On : 11 May 2026 | 11:30 PM IST

FY27 CAD likely to widen amid West Asia headwinds, say economists

Economists broadly agree that this financial year is shaping up to be tougher than the last for the external account

FY27 CAD likely to widen amid West Asia headwinds, say economists
Updated On : 11 May 2026 | 10:49 PM IST

RBI to conduct three-day VRR auction on Tuesday, aims to infuse ₹50K crore

The Reserve Bank of India will conduct a Rs 50,000 crore VRR auction after overnight call rates moved above the policy repo rate amid evolving liquidity conditions

RBI to conduct three-day VRR auction on Tuesday, aims to infuse ₹50K crore
Updated On : 11 May 2026 | 10:22 PM IST

Canara Bank's Q4FY26 results: PAT declines 9.9% due to bond losses

State-owned lender sees sharp fall in treasury gains amid hardening bond yields; asset quality and retail loan growth remain strong

Canara Bank's Q4FY26 results: PAT declines 9.9% due to bond losses
Updated On : 11 May 2026 | 6:57 PM IST

India's forex reserves fall $7.79 billion amid decline in gold reserves

India's foreign exchange reserves declined to $690 billion in the week ended May 1, led by a fall in gold reserves and foreign currency assets, RBI data showed

India's forex reserves fall $7.79 billion amid decline in gold reserves
Updated On : 08 May 2026 | 9:22 PM IST