Page 13 - Finance News

Forex reserve at healthy $682 bn, enough for 11 months of imports: RBI Guv

India's forex reserves dropped $7.511 billion to $681.384 billion during the week ended May 22

RBI deems monsoon major domestic risk: Key takeaways from June MPC decision

Keeping rates on hold, the RBI flagged concerns over fuel-led inflation, supply-chain disruptions and a weak monsoon while projecting GDP growth of 6.6 per cent for FY27

Rupee jumps 50 paise to 95.24/$ after RBI eases FPI investment norms

At the interbank foreign exchange market, the rupee opened at 95.72, then touched 95.24 in intraday trade, registering a rise of 50 paise from its previous close

RBI MPC meet: Inflation for FY27 pegged at 5.1%, GDP growth at 6.6%

RBI MPC June: The policy committee kept the repo rate unchanged at 5.25 per cent, and the committee maintained its 'neutral' stance

RBI MPC keeps repo rate unchanged at 5.25%, maintains 'neutral' stance

RBI MPC June meeting: In its policy meeting, which took place between June 3-5, the committee continued with the 'neutral' stance

RBI keeps repo rate unchanged at 5.25%; retains 'neutral' policy stance

The Reserve Bank of India held the repo rate at 5.25 per cent for a third straight review, raising its inflation forecast while warning of risks from the prolonged West Asia conflict

Parliamentary panel flags weak private investment, FPI outflows

Parliamentary committee raises concerns over weak private investment, foreign capital outflows and global economic headwinds

States' reliance on RBI's SDF rises in FY26 as WMA, overdraft usage falls

ICRA says states increased use of the RBI's Special Drawing Facility in FY26, while reliance on Ways and Means Advances and overdraft facilities fell to five-year lows

India's money-market turnover hits record as banks ramp up borrowing

Bank lending expanded at 16.2 per cent in the year through May 15, the fastest clip in two years, with credit demand exceeding deposit growth for the eighth straight month

Govt's rupee support measures likely to give RBI room to hold rates for now

Inflation pressures triggered by an energy price shock means the RBI will likely adopt a hawkish stance and prepare markets for potential rate hikes later this year, economists have said

Mastercard expands value-added services push amid UPI dominance

The payments major is expanding into cybersecurity, analytics, AI and loyalty services as it seeks new growth avenues beyond its traditional payments network business

Loan recovery norms: Tough to get agents in small towns, say NBFCs

The NBFC self-regulatory organisation said the limited availability of certified recovery agents in smaller towns could affect the viability of small-ticket lending operations

RBI rejects Treasury bills bids at weekly auction amid tepid demand

Rupee depreciated for second consecutive trading session post US President Trump's tariff proposes

RBI dismisses gold sale rumours, physical reserves steady at 880.52 tonnes

The clarification from the Reserve Bank of India (RBI) comes following reports that the RBI may have sold gold amounting to approximately $12 billion to shield its foreign-currency reserves

RBI June MPC decision: When and where to watch Guv Malhotra's address

The Reserve Bank of India's monetary policy committee will decide on the repo rate and announce inflation projections as well on June 5

Rupee falls 28 paise to 95.64 against US dollar during early trade

Forex traders said the US Trade Representative's action, amid fresh hostilities and stalled talks between the US and Iran, weighed on investor sentiment

Corporate bond issuances hit 3-year low in Apr-May amid West Asia war

In April-May of FY27, Indian firms raised Rs 1.07 trillion, compared to Rs 2.53 trillion in the same period last year

Digital NBFCs' share of personal loans grows both in value and volume terms

Digital NBFCs accounted for 77 per cent of personal loan sanction volumes and 19 per cent of sanction value in FY26, even as growth in loan volumes slowed sharply

Soiled note disposal by RBI falls sharply in FY26 due to machine upgrades

The central bank disposed of 17 billion soiled and mutilated banknotes in FY26, down from 22.9 billion a year earlier, as replacement of shredding systems disrupted processing operations

UPI expands international presence to Cambodia through KHQR linkage

Indian travellers can use UPI apps at over 4.5 million merchant outlets in Cambodia, while Cambodian visitors will gain access to UPI-enabled payments in India in the next phase