Finance News

Biz growth, drop in delinquencies help micro lenders turn the corner

India's microfinance sector recorded its first sequential portfolio expansion in seven quarters, while asset quality improved and disbursements reached a seven-quarter high

Corporate bond market revives with ₹27,000-crore issuances this week

Borrowers raised around ₹27,000 crore through corporate bonds this week as softer yields lowered costs, with another ₹13,000 crore scheduled next week

RBI's FCNR(B) scheme may help NRIs earn up to 27 per cent returns

Brokerages estimate leveraged FCNR(B) deposits could generate annual returns of up to 27 per cent for NRIs while helping banks attract $30-60 billion in fresh foreign currency inflows

Rupee surges 65 paise to 95.20 against US dollar during early trade

A weaker greenback and positive sentiment at the domestic equity markets provided further boost to the local unit, according to forex traders

Can foreign bond inflows strengthen the rupee and lower yields now?

Can foreign bond inflows strengthen the rupee and lower yields? Experts say yes, but only at the margin, with domestic and global factors playing a larger role

Why India is opening the door wider to foreign investors in govt securities

Govt has completely eliminated capital gains tax and withholding tax on interest income for FPIs investing in GSec, and has expanded specified securities under FAR

Can foreign bond inflows really move India's $1.5 trillion Gsec market?

A potential $20-25 billion foreign inflow sounds significant, but India's government bond market is much bigger. Here's where the money could matter, and where it may not

Scheme's validity extended: MFI credit lifeline may gain traction

The microfinance industry body expects stronger participation in the government's credit guarantee scheme after its validity was extended to August 31, 2026

DFS Secretary Lohiya named director on RBI, SBI central boards

The government has appointed Department of Financial Services Secretary Sanjay Lohiya to the central boards of the Reserve Bank of India and State Bank of India

India Inc's ECB, FCCB intent moderated to $3.76 billion in April

Indian companies proposed raising $3.76 billion through external commercial borrowings and foreign currency convertible bonds in April, down from $5.43 billion in March

Rupee declines 32 paise to 95.57 against US dollar in early trade

At the interbank foreign exchange market, the rupee opened at 95.55 against the US dollar before dropping further to 95.57

Bank loans to Reits and Invits to be based on asset cashflow record: RBI

Final norms effective from October 1, 2026, allow bank finance based on operating cash-flow history of underlying assets instead of a three-year track record for trusts

Early-stage stress resurfaces in microfinance amid cautious lending trends

While overall asset quality improved in April, a rise in early delinquencies and slower loan disbursals indicate lenders remain focused on portfolio discipline

RBI cancels registration certificates of 135 NBFCs, most in West Bengal

The majority of the NBFCs, whose certificates of registration were cancelled, had a registered office address in West Bengal, an RBI release showed

Govt to switch Rs 30,000 crore of bonds through auction on June 15

The switch auction will replace shorter-dated securities maturing between 2027 and 2030 with longer-dated bonds maturing between 2034 and 2039

RBI consolidates governance norms for risk, compliance and audit functions

Revised framework mandates independent control functions led by CRO, CCO and HIA, with fixed tenures and enhanced board oversight from January 2027

India's outward FDI commitments halve from April high, rise 35% on year

Guarantees, equity investments and loans declined from April levels, though total overseas commitments remained significantly higher than a year earlier

Govt extends microfinance guarantee scheme, raises loan cap to ₹1,000 cr

As of date, loans totalling ₹770 crore have been sanctioned under the scheme, the Finance Ministry said in a statement

RBI likely stepped in to support rupee, conducts swaps, say traders

The rupee was at 95.27, up modestly ‌on the day after hitting an intra-day low of 95.5625 in early trading

Rupee falls 15 paise to 95.56 against US dollar during early trade

According to traders, the Indian rupee is trading with a negative bias and remains under severe pressure due to renewed geopolitical tensions in West Asia