Anjali Kumari
Anjali Kumari
Anjali Kumari
Anjali Kumari
Page 4 - Anjali Kumari
Rupee gains for second day as crude prices fall below $100 per barrel
The rupee strengthened against the dollar for a second straight session as easing crude oil prices and optimism over US-Iran talks supported sentiment
 "Rupee gains for second day as crude prices fall below $100 per barrel")
RBI not to consider fresh applications for full-fledged money changers
RBI has stopped fresh approvals for full-fledged money changers and directed authorised persons to phase out franchisee arrangements within two years
 "RBI not to consider fresh applications for full-fledged money changers")
Indian Bank sees ₹4,000-6,000 crore ECL impact, plans QIP in Q3 FY27
Indian Bank plans a qualified institutional placement in Q3 FY27 to absorb the impact of RBI's expected credit loss framework coming into effect from April 2027
 "Indian Bank sees ₹4,000-6,000 crore ECL impact, plans QIP in Q3 FY27")
Banks expect MSME credit spurt from ECLGS 5.0 amid war shadow on growth
Indian banks relied heavily on MSMEs to drive credit growth in FY26, and were bracing for stress in the segment in FY27 due to the West Asia situation
 "Banks expect MSME credit spurt from ECLGS 5.0 amid war shadow on growth")
Rupee snaps five-day losing streak as bond yields soften 10 bps
The rupee strengthened sharply and government bond yields eased after crude oil prices fell on hopes of a possible easing in US-Iran tensions
 "Rupee snaps five-day losing streak as bond yields soften 10 bps")
RBI announces Rs 75,000 crore four-day VRR auction amid surplus liquidity
The Reserve Bank of India will conduct a four-day variable rate repo auction worth Rs 75,000 crore to manage evolving liquidity conditions in the banking system
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 hits fresh low amid surge in crude prices and West Asia tensions")
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
 "Rupee closes at new low of 95.09 vs US dollar amid crude price rise")
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
 "CCIL working on bond forward window; rollout likely this quarter")
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
 "Retail, agri credit growth pace to continue: Indian Bank MD & CEO")
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
 "Plan is to front-load ECL related provisions: Indian Overseas Bank MD & CEO")
Public-sector banks prepare to shore up capital before ECL shift
Move will also help lower govt shareholding
 "Public-sector banks prepare to shore up capital before ECL shift")
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
 "India's forex reserves fall $4.82 billion to $698 billion, shows RBI data")
Rupee hits fresh low past 95/$ 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
 "Rupee hits fresh low past 95/$ as oil surge pushes bond yields above 7%")
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
 "Central Bank of India Q4FY26 net profit falls 30% on one-time tax hit")
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
 "Rupee hits record closing low at 94.85 as crude surge pressures currency")
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
 "Indian Overseas Bank Q4 results: Profit rises 43% to ₹1,505 crore")
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
 "Rupee weakens, bond yields harden tracking rise in crude oil prices")
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
 "RBI to implement phased FX derivatives reporting norms from July 2027")