Page 120 - Finance News

A first in 12 years: Banks to overhaul terms of engagement with BCs

Viability package for agents in NE states on cards

Govt bond yields slip on signs of gradual tariff approach from Trump

The 10-year benchmark bond yield ended at 6.7373 per cent, the lowest level since Dec. 13, as compared with Monday's close of 6.7610 per cent

Rupee ends little changed, dollar regains footing on Trump's tariff plan

While the local unit touched a peak of 86.2825 early in the session, it trimmed the gains on the back of broad-based dollar bids and a 0.5 per cent rise in the dollar index after it touched a two-week

Banks to ask RBI to delay liquidity rule set to take effect from April 1

The request will be made through the Confederation of Indian Industry, which will meet recently-appointed RBI Governor Sanjay Malhotra in the coming days, the people said

Rupee rises 17 paise to 86.28 against US dollar during early trade

Forex traders said the dollar weakened from its 109 levels but clawed back to 108.31 as Donald Trump declared tariffs

Budget 2025: Govt's third shot at tax reform shouldn't miss the target

Nearly 47 million, or 63 per cent of those who did file returns last year, paid nothing

RBI forms new committee for bank license, chaired by former DG Jain

RBI said that, "The secretarial support to the committee would be provided by RBI's Department of Regulation"

Fintechs shift to direct merchant integration, move away from Juspay

Following PhonePe's decision to end its partnership with payment orchestration platform Juspay, other companies, including Razorpay and Cashfree Payments, are considering similar moves

RBI may turn to longer buy-sell swaps amid rising $ short positions

More changes likely in liquidity management framework

RBI to 'play it slow' on defending rupee, says Axis Bank CEO Chaudhry

The rupee has gone from being one of Asia's best-performing currencies to one of the region's biggest losers in a matter of weeks

Govt to repurchase Rs 20,000 crore bonds in RBI auction on Thursday

Tight liquidity conditions in the banking sector, influenced by foreign exchange market interventions, government cash flow fluctuations, and currency leakage, have exacerbated the deficit

BCRC seeks RBI nod for five-day week, looks to attract skilled workforce

"While our dedication remains unwavering, this continuous seven-day schedule is proving unsustainable in the long run," the BCRC said in its submission to the central bank

Sikkim CM Tamang seeks 'tailored' support from Finance Commission

The full team of the 16th Finance Commission, led by its chairman Arvind Panagariya, met the Sikkim chief minister at the state secretariat

Higher bulk deposit reliance signals structural liquidity risks: RBI dy Guv

Outstanding Certificate of Deposit issuances highest since 2012

Rupee rises 5 paise to 86.55 against dollar on decline in crude prices

Forex traders said the rupee is likely to trade within a volatile range of 86.20-86.80 ahead of key events in the global and domestic economic landscape

New RBI rules mandate stricter oversight on ARC-borrower settlements

As per the new guidelines, every Asset Reconstruction Company must establish a Board-approved policy that governs the settlement of borrower dues

Budget 2025: Decoding tax and non-tax revenue and why they matter

As the Union Budget 2025 approaches, it is crucial to understand how the government earns its revenue from taxes and non-tax sources. Here's a breakdown

Rupee rises 14 paise to 86.46 against US dollar in early trade today

At the interbank foreign exchange, the rupee opened at 86.48 and touched 86.46 against the greenback, registering a gain of 14 paise over its previous close

Finance Ministry dept to meet business correspondents, banks next week

Senior executives of banks to attend discussion; commissions and penalties for sector on agenda

Banks, fintechs embark on profitable pilgrimage at Maha Kumbh Mela

Amid a crisis in deposits, banks hope to leverage the biz opportunities, with state govt projections estimating that event could generate Rs 25,000 cr in revenue and a Rs 2 trillion economic spinoff