Finance News

Nabfid withdraws 3-year bond sale as bid yields exceed expectations

NaBFID withdrew its maiden three-year bond issue after investors sought higher yields amid hardening G-sec rates and geopolitical tensions that dampened market sentiment and pricing

MPC minutes: Members stay growth-supportive amid benign inflation outlook

The MPC unanimously decided to keep the policy repo rate unchanged during its February meeting

Rupee, govt bonds weaken on muted global risk sentiment; FX hits record

The rupee slipped amid muted global risk appetite and firm US yields, though RBI intervention helped cap losses, while forex reserves hit a new record of $725.7 billion

DFS secy urges banks to lower cost of borrowing for small-ticket biz loans

DFS Secretary M Nagaraju asked banks to lower borrowing costs for small-ticket business loans and expand credit, stressing PSBs' strong capital position and upcoming digital lending portals

RBI net sold $10 bn in December, slightly higher than November: Bulletin

RBI net sold $10 billion in December, with short dollar positions in the forward market easing to $62.35 billion, even as the rupee's REER slipped to 94.76, the monthly bulletin showed

Net FDI stays negative for fourth month as repatriations rise sharply

Net FDI remained in negative territory for the fourth consecutive month in December as repatriations rose sharply, even as gross inflows strengthened across key sectors and source countries

LRS outward remittances fall 4.1% in Apr-Dec FY26 on lower travel spend

Outward remittances under RBI's LRS fell 4.12% YoY in Apr-Dec FY26 to $21.36 bn as travel and education spends moderated, though remittances for investments and property purchases surged

ICICI launches Swasthya Pension Scheme blending retirement and healthcare

ICICI Prudential Pension Fund has introduced the Swasthya Pension Scheme under PFRDA's sandbox to support retirement savings while enabling healthcare-linked withdrawals and digital access

NRI deposit flows fall 16% to $11.2 bn in Apr-Dec 2025, shows RBI data

Inflows into NRI deposits fell nearly 16% in Apr-Dec 2025 to $11.2 bn, led by a sharp drop in FCNR(B) flows, though outstandings across NRE and NRO accounts continued to rise

Current policy rate appropriate amid buoyant economic growth: RBI Guv

The governor and the other five members of the MPC had voted to keep the repo rate unchanged

FTAs to play significant role in coming years by improving mkt access: RBI

"In the immediate term, it has led to a change in investor sentiments. Foreign portfolio investment into the equity and debt segment staged a comeback in February," it said

RBI net sold $10 billion in December to curb rupee volatility: Bulletin

The Indian rupee fell to its then-record low of 91.0750 on December 16, pressured by worries over a trade stalemate with the US and persistent foreign outflows

RBI draft on INR derivatives may push more banks to expand in GIFT City

RBI's proposal restricting access to rupee NDDCs to banks with IFSC units could deepen lender presence in GIFT City, while offshore ETP rules signal calibrated liberalisation

EPFO likely to link with govt databases to enhance compliance monitoring

EPFO is also expanding data integration with state governments to widen compliance checks. Its payroll data is regularly shared with the governments of Uttar Pradesh, Madhya Pradesh, and Rajasthan

Brokers seek six-month pause on RBI curbs on bank lending, document shows

A six-month pause would give market ‌participants time ​to submit feedback, ​conduct impact assessments and engage in constructive consultations, according to the letter

Banks take cautious approach to acquisition financing under new RBI norms

Banks are expected to move slowly on acquisition financing as RBI's conservative norms take effect, with exposure caps, leverage limits and valuation guardrails shaping early deals

Govt asks EPFO to conduct study on impact of workforce formalisation

Panel seeks report in three months amid push on labour codes, eshram and social security coverage

Relaxed ECB norms may lift foreign borrowings by Indian companies

RBI's easing of ECB rules-expanding eligibility, lifting limits and removing pricing caps-is expected to spur offshore fundraising, especially as refinancing demand rises

ICAI to roll out information systems audit standards this month

The Information Systems Audit Standards (ISAS) seek to strengthen the audit process within the country's digital ecosystem

RBI defers UTI framework for OTC derivative transactions to January 2027

The RBI has postponed the implementation of the UTI framework for OTC derivatives to 1 January 2027, extending timelines for reporting and allowing markets more operational flexibility