Page 13 - Anjali Kumari

Rupee hits fresh low amid surge in crude prices and West Asia tensions

The rupee hits a record low as crude oil prices surge amid West Asia tensions, raising concerns over inflation, import costs, and widening current account deficit

Rupee closes at new low of 95.09 vs US dollar amid crude price rise

The currency depreciated nearly 0.2 per cent on Monday to settle at new closing low of 95.09 against the US dollar

CCIL working on bond forward window; rollout likely this quarter

CCIL's proposed platform aims to shift OTC bond forward trades to central clearing, enhancing transparency, risk management, and participation in a Rs 4 trillion market

Retail, agri credit growth pace to continue: Indian Bank MD & CEO

Indian Bank's CEO flags continued deposit pressure and cautious margin outlook even as credit growth and asset quality remain stable

Plan is to front-load ECL related provisions: Indian Overseas Bank MD & CEO

Indian Overseas Bank plans to front-load ECL provisions while sustaining credit growth, backed by strong retail, MSME, and agriculture lending momentum

Public-sector banks prepare to shore up capital before ECL shift

Move will also help lower govt shareholding

India's forex reserves fall $4.82 billion to $698 billion, shows RBI data

Decline in foreign currency assets and gold reserves pulls down India's forex reserves in the week ended April 24, according to RBI data

Rupee hits fresh low past 95/$ as oil surge pushes bond yields above 7%

Currency weakens amid crude oil surge and West Asia tensions; RBI forward book deficit and rising bond yields add to pressure on the rupee

Central Bank of India Q4FY26 net profit falls 30% on one-time tax hit

PSU lender reports sharp decline in quarterly profit due to deferred tax liability and weak treasury income, while core earnings and asset quality remain stable

Rupee hits record closing low at 94.85 as crude surge pressures currency

The rupee fell to a record closing low of 94.85 per dollar, pressured by rising crude prices, foreign outflows and a stronger US dollar

Indian Overseas Bank Q4 results: Profit rises 43% to ₹1,505 crore

Indian Overseas Bank reported a 43 per cent rise in Q4 FY26 profit, supported by higher NII and lower provisions, though margins moderated during the quarter

Rupee weakens, bond yields harden tracking rise in crude oil prices

Market participants said that state-owned banks bought dollars, likely on behalf of the Reserve Bank of India (RBI) - a move which avoided further depreciation

RBI eases risk-weight trigger for unrated big-ticket loans, tweaks norms

Threshold for 150% risk weight raised to ₹500 crore; draft norms' tougher proposals pared back

RBI to implement phased FX derivatives reporting norms from July 2027

Feedback highlighted operational challenges in capturing and reporting transactions undertaken by related entities across jurisdictions

India's forex reserves up $2.36 billion, led by foreign currency assets

India's foreign exchange reserves increased by $2.36 billion to $703 billion in the week ended April 17, driven by gains in foreign currency assets and gold

Gap between ATM withdrawals and cash in circulation widens, says SBI

Gap between per capita currency in circulation and ATM withdrawals widens sharply, reflecting precautionary cash holding even as digital payments surge to record highs

Bond yields ease after choppy trade, rupee remains under pressure

Government bond yields ended marginally lower after volatile trading, while the rupee stayed under pressure due to rising oil prices, global cues, and foreign outflows

IndusInd Bank posts ₹594 crore Q4 profit, sees growth aligning with market

Bank is likely to grow broadly in line with the market, both in assets and liabilities, says its MD & CEO

Rupee breaches 94 to the dollar to hit a three-week low on crude surge

Rupee hits a three-week low past 94/$ as rising crude oil prices and a stronger dollar amid West Asia tensions weigh on the currency despite RBI interventions

RBI net-bought $7.4 bn in Feb, highest since March 2025: Bulletin

During the reported month, the RBI bought $21.4 billion, while it sold $13.99 billion. The central bank had net bought $2.53 billion in January