Disbursement subject to telco raising funds from private banks
The Firebase notices come amid a broader regulatory push to curb digital-payment fraud. The RBI's fraud-prevention measures broadly cover three areas
HDFC Bank's latest $1.75 billion fundraise through the twin dollar bond issuance takes the bank's total fundraising through dollar bonds over the past two months to $2.5 billion
Banks have already mobilised $52.3 billion under RBI's concessional swap window, helping deposit growth and LDRs, but analysts expect NIM dilution of 3-15 basis points
The bank added about ₹24,000 crore to its institutional asset book in the past 12 months, reflecting client activity, capital investment, trade flows and financing demand
India's largest private sector lender seeks to tap three- and five-year bonds in its second dollar issuance in two months, as banks capitalise on RBI's concessional swap window
RBI Deputy Governor Swaminathan J says growing reliance on technology and third-party providers exposes smaller banks to cyber, digital fraud and operational risks
So far in 2026, Indian lenders have raised a record of over $10 billion through US dollar bonds, with more issuances expected as the RBI's concessional swap window remains open
Share of fresh businesses entering formal credit system fell to 42 per cent in FY26 from 52 per cent in FY23 even as outstanding commercial credit grew 14 per cent
Banks are raising interest rates, using website countdown timers, fast-tracking deposit commitments and tapping overseas bond markets as the RBI deadline approaches
Robust currency demand amid rising digital payments muddles projection
The latest issue takes the lender's dollar debt fundraising to $2.05 billion in about a month as Indian banks accelerate overseas borrowing ahead of the RBI swap window's early closure
Cost is unlikely to have constrained RBI's decision to close the swap window early; reserves could rise to $800 billion over five years, the report said
The lender raised the rate on FCNR(B) deposits above $1 million for a three-to-five-year tenor as banks step up mobilisation after the RBI shortened its swap window
Despite early closure, experts expect total inflow of $60-70 bn by Aug-end
The current account deficit widened to $6.2 billion in June from a $1.2 billion surplus in June 2025, as the merchandise trade deficit increased to $30.2 billion from $19.2 billion
Q1 current account deficit at $3.1 billion; $6.2 billion in June
Brokerages expect the RBI's proposed lending rate framework to improve transparency and speed up transmission, while restrictions on spread changes could limit lenders' pricing flexibility
BofA will initially acquire 26.5 per cent of Jio Credit, with its holding rising to 49.9 per cent upon exercising warrants, subject to regulatory and statutory approvals
Tata Sons' stock market listing remains uncertain as the RBI continues to examine its request for NBFC de-registration, despite its upper-layer classificatio