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Subrata Panda

Subrata Panda

Subrata Panda

Tata Sons' listing hangs in balance after RBI diktat for upper-layer NBFCs

In its latest direction, the central bank has dropped a provision defining the "indirect receipt of public funds"

Tata Sons' listing hangs in balance after RBI diktat for upper-layer NBFCs
Updated On : 25 Jun 2026 | 11:56 PM IST

Banks wait & watch as dollar-bond investors seek richer returns

Premium rose steadily after HDFC secured tightest-ever spread for an Indian lender

Banks wait & watch as dollar-bond investors seek richer returns
Updated On : 25 Jun 2026 | 10:59 PM IST

Large commercial banks may opt to lend up to 9x against FCNR(B) deposits

Large banks may offer up to 9x leverage against FCNR(B) deposits, potentially helping NRIs earn double-digit returns under the RBI's swap scheme

Large commercial banks may opt to lend up to 9x against FCNR(B) deposits
Updated On : 25 Jun 2026 | 10:15 PM IST

Bharti Airtel added highest value among pvt firms in 5 years: Hurun report

The telecom major added ₹7.64 trn in value over 5 years, while TCS, Infosys and Wipro together lost ₹8.5 trn, according to the Burgundy Private Hurun India 500 report

Bharti Airtel added highest value among pvt firms in 5 years: Hurun report
Updated On : 24 Jun 2026 | 11:22 PM IST

RBI caps compensation for digital fraud victims at ₹25,000 under new norms

However, the central bank has deferred the implementation of the framework by six months, from July 1, 2026, to January 1, 2027

RBI caps compensation for digital fraud victims at ₹25,000 under new norms
Updated On : 24 Jun 2026 | 10:30 PM IST

Axis Bank raises $800 million through dual-tranche dollar bond sale

India's third-largest private-sector lender raised $500 million through perpetual AT1 notes and $300 million through five-year senior unsecured notes under its GMTN programme

Axis Bank raises $800 million through dual-tranche dollar bond sale
Updated On : 24 Jun 2026 | 11:26 AM IST

Banks raise ₹1 trillion through CDs in June as deposit growth lags

Certificate of deposit issuances crossed Rs 1 trillion in the fortnight ended June 15 as banks sought funding amid a widening gap between credit and deposit growth

Banks raise ₹1 trillion through CDs in June as deposit growth lags
Updated On : 23 Jun 2026 | 11:28 PM IST

Commercial banks can lend against FCNR(B) deposits, clarifies RBI

Central bank permits loans and standby letters of credit against FCNR(B) deposits under the swap facility, while leaving leverage decisions to lenders

Commercial banks can lend against FCNR(B) deposits, clarifies RBI
Updated On : 23 Jun 2026 | 8:13 PM IST

Bank credit outpaced non-bank funding to commercial sector: RBI data

Non-food bank credit rose 17.4 per cent year-on-year in May, outpacing growth in non-bank funding and lifting total credit to the commercial sector

Bank credit outpaced non-bank funding to commercial sector: RBI data
Updated On : 22 Jun 2026 | 11:00 PM IST

Banks must tap digital rails to deepen MSME credit access: RBI Governor

Sanjay Malhotra says financial institutions should leverage ULI, Account Aggregator and other digital platforms to build a more inclusive MSME credit ecosystem

Banks must tap digital rails to deepen MSME credit access: RBI Governor
Updated On : 22 Jun 2026 | 10:57 PM IST

Governor doesn't quite touch the heart of India's economic crisis

The film, centred on the RBI governor during the 1991 balance of payments crisis, fails to offer a 360-degree picture

Governor doesn't quite touch the heart of India's economic crisis
Updated On : 22 Jun 2026 | 10:36 PM IST

Inflows into FCNR(B) deposits down 39% in April 2026, shows RBI data

While FCNR(B) deposit inflows fell sharply from a year earlier, overall inflows into non-resident deposit schemes edged up, supported by growth in NRE deposits

Inflows into FCNR(B) deposits down 39% in April 2026, shows RBI data
Updated On : 22 Jun 2026 | 9:46 PM IST

RBI's M&A norms: HSBC India funds Waaree's ₹1,255 crore acquisition

The transaction marks one of the first acquisition financing deals executed by a private or foreign bank under the RBI's revised framework for bank-funded acquisitions

RBI's M&A norms: HSBC India funds Waaree's ₹1,255 crore acquisition
Updated On : 19 Jun 2026 | 11:59 PM IST

PNB, Bandhan, other banks raise interest rates on FCNR (B) deposits

Private-sector lender increases FCNR(B) deposit rates following RBI's forex swap facility and temporary removal of the interest rate ceiling on eligible deposits

PNB, Bandhan, other banks raise interest rates on FCNR (B) deposits
Updated On : 19 Jun 2026 | 10:11 PM IST

RBI move to remove FCNR(B) deposit rate cap opens room for further hikes

Banks, especially smaller lenders, may raise FCNR(B) deposit rates further after RBI temporarily removed the interest-rate ceiling on select maturities

RBI move to remove FCNR(B) deposit rate cap opens room for further hikes
Updated On : 18 Jun 2026 | 11:16 PM IST

HDFC Bank extends Keki Mistry's term as interim chairman by 3 months

RBI has approved the extension of Keki Mistry's tenure as interim part-time chairman of HDFC Bank until September 18, 2026, or until a regular chairman is appointed

HDFC Bank extends Keki Mistry's term as interim chairman by 3 months
Updated On : 18 Jun 2026 | 5:39 PM IST

Emirates NBD completes acquisition of 60% majority stake in RBL Bank

UAE-based lender completes ₹26,000 crore capital infusion into RBL Bank, marking the largest foreign direct investment in India's banking sector

Emirates NBD completes acquisition of 60% majority stake in RBL Bank
Updated On : 18 Jun 2026 | 5:00 PM IST

HDFC Bank raises $750 mn via 5-year bond issue from GIFT City unit

India's largest private-sector lender tapped offshore markets through its GIFT City IFSC unit, issuing senior unsecured bonds carrying a 5.067 per cent coupon

HDFC Bank raises $750 mn via 5-year bond issue from GIFT City unit
Updated On : 17 Jun 2026 | 11:53 PM IST

India's remittance inflows stay resilient despite West Asia conflict

Precautionary transfers boost flows; FCNR (B) deposits may offer near-term support

India's remittance inflows stay resilient despite West Asia conflict
Updated On : 17 Jun 2026 | 11:32 PM IST

India's digital fraud rate nearly double the global average: TransUnion

TransUnion says 7.1 per cent of digital transactions in India were suspected fraud attempts in 2025, with logistics, telecom and insurance sectors facing the highest risk

India's digital fraud rate nearly double the global average: TransUnion
Updated On : 16 Jun 2026 | 11:52 PM IST