Finance News

Not having a policy is a policy: RBI to Parliamentary panel on crypto

RBI tells House panel it's not in favour of VDAs as currency

M&A funding norms to intensify competition for private credit: Moody's

Moody's says RBI's new acquisition financing norms will intensify competition from banks, reshaping India's fast-growing private credit market

Banks bet on Gulf, Singapore and Hong Kong to drive FCNR (B) flows

Banks expect the RBI's FCNR(B) deposit scheme to attract major inflows from the Gulf, Singapore and Hong Kong, with mobilisation expected to accelerate in August

India's private credit market doubles to $25 billion in 5 years: Moody's

However, the new RBI norms which allow banks to finance acquisitions will increase competition in a segment historically dominated by alternative capital

Rupee rises 26 paise to 94.90 against US dollar during early trade

At the interbank foreign exchange market, the rupee opened at 94.95, then touched 94.90 against the US dollar, registering a gain of 26 paise from its previous close

NBFC access to term money market likely to lift volumes by 40-60%

Treasury executives expect the RBI's proposal to allow NBFCs into the term money market to deepen liquidity, boost trading volumes and modestly reduce funding costs for top-rated borrowers

NPCI partners HSBC India, JP Morgan Payments for real-time forex settlement

The partnership will enable real-time foreign exchange rates for cross-border UPI payments, allowing users to view the exact rupee amount payable at the point of transaction

UPI volumes ease after record May; value falls to ₹28.92 trillion

Volumes decline 2% from May's record high, though both value and transaction count remain sharply higher than a year ago

Policybazaar parent PB Fintech to invest Rs 20 cr in payments business

Policybazaar parent will fund its payments arm to support business expansion and set up two DIFC-based subsidiaries for insurance advisory and reinsurance services

Rupee falls 19 paise to 94.75 against US dollar during early trade

Forex traders said whenever fresh foreign inflows enter the country, the central bank is likely to use the opportunity to rebuild its reserve position rather than allowing the rupee to strengthen too

GST at 9: Why easier return filing has not meant simpler compliance

Automation has transformed GST compliance, but businesses say the challenge has shifted from filing returns to managing reconciliations, vendor compliance, portal changes, and system-generated notices

GST's credit challenge: Why input tax credit remains the biggest challenge

As GST completes nine years, input tax credit remains a major challenge for businesses as supplier defaults, invoice mismatches and compliance rules delay credit and lock up working capital

RBI flags nascent stress in micro enterprises; retail loans need monitoring

Financial Stability Report says banks face funding pressure as deposits shift to costlier sources, while larger housing loans gain share and household debt continues to rise

US-Iran deal has shifted risk balance 'favourably': RBI's report

Fx volatility may rise if oil prices spike due to supply chain risks

Bank NPAs fell in March; may rise under baseline case: RBI report

RBI's Financial Stability Report shows bank NPAs fell to record lows in March, though stress tests indicate a modest rise under the baseline scenario by March 2028

Gold-loan surge driven by soaring prices: RBI's Financial Stability Report

RBI said gold loans have become the fastest-growing retail loan segment, with rising gold prices driving disbursements while improving lenders' collateral buffers

RBI revises Certificate of Registration surrender norms for NBFCs

NBFCs and HFCs seeking to surrender their Certificate of Registration must submit revised applications through the PRAVAAH portal under the updated regulatory framework

Household sector debt climbs to 45.5% of GDP in Sept 2025: RBI report

Household debt as a share of GDP has remained above its five-year average of 42.9 per cent since September 2023, the report said

Bank credit to NBFCs jumps 34% in May, lifts services sector lending growth

Bank lending to NBFCs surged 33.7 per cent year-on-year in May, helping drive services sector credit growth, while industry, retail and agriculture lending also remained strong

MFI credit grows after 7 quarters, borrower base continues to shrink: RBI

The RBI said borrower base shrank by 22.7 lakh in the latest quarter, indicating that while lending activity has started picking up, the sector is still witnessing consolidation in its customer base