Finance News

Govt bond yields rally by 9 bps after RBI announces liquidity measures

RBI announced ₹2 trillion of OMO purchases and a three-year $10 billion USD/INR buy-sell swap, triggering the sharpest bond market rally since April 2

RBI postpones Phase 2 of cheque clearing rollout until further notice

RBI has deferred Phase 2 of continuous cheque clearing to give banks more time, and modified presentation hours to 9 am-3 pm and confirmation hours to 9 am-7 pm

PFC withdraws planned bond issuance for third time in FY26 as bids spike

PFC had earlier withdrawn a ₹3,000-crore, three-year bond issuance, and ₹3500 crore, 15-year bond issuance on November 25 and December 10 respectively due to elevated corporate bond yields

AIF lift beckons: Domestic institutions can unlock next level of growth

AIF lift beckons Domestic institutions key to unlocking next level of growth for the industry and, thereby, the economy

Sudden I-T 'NUDGE' unsettles taxpayers ahead of December 31 deadline

CBDT is reaching out via SMS and email under its NUDGE campaign, urging identified taxpayers to review potentially ineligible deductions for AY 2025-26 and revise returns by December 31, 2025

Gold most stable asset during geopolitical tensions, says RBI staff study

An RBI staff study says gold remains the most stable asset during geopolitical stress, while crude oil is the most sensitive to shocks; silver and US Treasuries show intermediate reactions

RBI to infuse ₹3 trn liquidity via OMOs, buy-sell swap after rupee defence

The Reserve Bank of India will inject nearly Rs 3 trillion through open market operations and a USD/INR buy-sell swap to offset liquidity drained by forex intervention and seasonal factors

Bankers seek RBI action as dollar glut, NDF pressure roil rupee forwards

The rupee remains Asia's worst-performing currency this year, hit by weak investment flows, steep U.S. tariffs and the lack of a US trade deal

RBI net-sold $12 bn in October, highest monthly sale in 10 months

RBI net sold $11.8 billion in October and supplied dollars to cap rupee weakness near 88.80/$, even as its net short forward position rose to $63.6 billion, the bulletin showed

Economic activity remained upbeat in Nov with demand remaining robust: RBI

High-frequency indicators for November show economic activity remained resilient with robust demand, even as RBI flagged global uncertainties and moderated growth momentum ahead

Rupee falls on NDF dollar demand after Friday rebound, ends at 89.65

The rupee slipped to 89.72 per dollar on Monday on strong dollar buying in the NDF market, before trimming losses to close at 89.65 as dealers flagged a shift in RBI's approach

Paying in dollars soon? What rupee near 90 a dollar changes for your budget

For planning, the split matters. Near-term levels determine the cost of payments due now. Longer-term expectations do not help if your fee deadline is in the next few weeks

Home loan book set to cross ₹10 trn in FY26 on strong demand: SBI chief

At 14 per cent growth rate, SBI is well on the path to achieve a milestone of Rs 10 trillion home portfolio next financial year, he said

FM Sitharaman, MoS chair Finance, Corporate Affairs 'chintan shivir'

Senior officers from the Ministry of Finance and the Ministry of Corporate Affairs, and associated departments also attended the event

SBI to revisit construction finance policy for housing projects: Chairman

At present, the bank has almost negligible presence in construction finance for housing projects, but it is slowly building a book on commercial real estate, especially office space

Rupee sees strongest day in 3 years, strengthens to 89.29 per dollar

RBI intervened to curb speculative bets, say dealers

SFIO questions IndusInd Bank executives on accounting discrepancies

The MCA ordered an SFIO probe into IndusInd after statutory auditors and forensic reports flagged major accounting lapses

At $4.4 bn, Shriram Finance to get India's largest financial-sector FDI

Japan's MUFG Bank can nominate two non-independent directors

Benign inflation outlook calls for lower real interest rates: RBI Guv

MPC minutes: Data suggests some slack persists in economy, said Deputy Guv Gupta

MUFG deal: Shriram Finance likely to benefit from lower cost of funds

Some experts also said that with a significantly strengthened capital base, the lender may consider a move towards becoming a universal bank