RBI Governor Sanjay Malhotra said flows have been stronger than expected, with FCNR(B) deposits and overseas borrowing already bringing in $56.85 billion
The rupee gained as the dollar weakened after the US Treasury said it would double buyback operations for longer-dated Treasury bonds
RBI MPC members flagged the possibility of a rate hike as headline inflation is projected to peak at 5.9 per cent in the third quarter of the current financial year
Commercial vehicle loans recorded PAR 31-90 of 4.1 per cent in June 2026, while auto loans remained the best-performing vehicle finance asset class
Indian HNW women are increasingly eyeing private equity and venture capital, but limited knowledge, lack of trusted advice and time constraints remain key barriers to alternative investing
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
Public sector banks also seek higher lending limits for renewable energy projects and inclusion of electric vehicle financing under the priority sector lending framework
The department is working with taxpayers and other stakeholders to reduce ambiguity and improve consistency as cross-border transactions and business structures become more complex
The transaction is subject to regulatory approvals, including a CCI nod, and comes as the Bengaluru-based fintech prepares for a potential initial public offering
The bank, through its IFSC Banking Unit at GIFT City, issued the bonds having a tenure of three years and a fixed coupon of 5.625 per cent
At the interbank foreign exchange, the rupee opened at 95.72 before slipping to 95.73, up 1 paisa from its previous close
Robust currency demand amid rising digital payments muddles projection
Lender says EOW status report found loans to five borrower groups were repaid with interest; CBI probe concerns erstwhile promoter Sameer Gehlaut and related entities
President Droupadi Murmu has given her assent to the Taxation and Other Laws (Amendment) Act, 2026, and another law to amend the Payment and Settlement Systems Act of 2007.
At the interbank foreign exchange, the rupee opened at 95.68, down 7 paise from its previous close
The estimates are being reworked after the central bank Friday decided to end a program attracting dollars from overseas Indians a month earlier than planned, having garnered more than $50 billion
The RBI's proposal to restrict flexible repayment loans by nonbanks could curb risks of bad-debt evergreening, but may also hurt self-employed workers and small businesses that rely on such credit
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 MCA will study third-party litigation funding for PUFE transactions as funds worth over Rs 4.38 lakh crore remain locked in avoidance proceedings under the insolvency regime
Deliberations at PSB Confluence to act as template for panel