Page 14 - Finance News

BHIM launches full delegation feature for UPI Circle to net more users

The feature will allow primary users to authorise their trusted secondary contacts to make UPI payments from their account, subject to a maximum monthly limit of ₹15,000

Rate-cut room intact, signals RBI governor Malhotra; bond yields decline

These comments come a week ahead of the meeting of the six-member monetary policy committee that starts from December 3. The decision in the meeting will be announced on Friday, December 5

Fiscal, monetary measures to boost pvt investment, growth: RBI bulletin

The Indian economy showed signs of a further pick-up in momentum, despite continuing global headwinds, said an article on 'State of the Economy' published in the November bulletin

PSU banks capture 50% of home loan originations, surpassing private rivals

State-run banks strengthened their lead as high-value loans drove market growth, even as overall retail credit expanded across segments

Banks, state firms plan $3.5 bn in bond sales before GDP data, MPC meet

India's GDP data for the July-September quarter is scheduled for Friday and the monetary policy decision will follow on December 5

RBI comes back swinging to hit brakes on rupee's slide towards 90

The central bank likely sold dollars on the order-matching platform and in the non-deliverable forward market, helping lift sentiment

Rupee may drop to 90 vs dollar by Dec-end, regain by Mar: BS Poll

Possible US trade deal may help lift Indian currency, say experts

Banks raised ₹55K crore through CDs in fortnight ended November 14

Outstanding certificate of deposits touch an all-time high of Rs 5.34 trillion

FinMin renews merger proposal of state-owned general insurance firms

Govt infused ₹17,450 cr between 2019-20 and 2021-22 in 3 PSU general insurance companies, namely Oriental Insurance, National Insurance and United India Insurance, to bring them out of distress

₹25k crore borrowing limit approved for India's first maritime NBFC

₹8,000 crore earmarked to be raised for FY25, SMFCL to mobilise funds through leading banks, financial institutions and bond issuances

FM Nirmala Sitharaman holds pre-Budget meet with energy, infra leaders

Finance minister Nirmala Sitharaman on Friday chaired her tenth pre-budget consultation, engaging key leaders from the energy and infrastructure sectors ahead of Union Budget 2026-27

PSU NBFCs plan to raise up to ₹24,000 crore through bonds next week

PSU NBFCs Nabard, Sidbi, PFC and IRFC will raise up to ₹24,000 crore next week as issuers rush to lock in funds ahead of the RBI's December policy review amid expectations of firming yields

UPI set to interlink with European instant payment system TIPS: RBI

UPI will be linked with Europe's tips system to enable faster, low-cost cross-border payments between India and the Euro area, with RBI and ECB starting work on technical integration

Muthoot Finance revises FY26 gold loan growth projection upward

In Q2FY26, Muthoot Finance's consolidated loan AUM increased by 42 percent from last year to Rs 1.47 trillion, while its gold Loan AUM increased by 45 percent from the year-ago quarter to Rs 1.24 trn

Sebi to strengthen link between infra and markets: Tuhin Kanta Pandey

He said that Sebi is actively engaging with institutional advice investors to deepen their participation in real estate investment trusts and infrastructure investment trusts

Small finance banks' Q2FY26 profit plunged 55% on rising credit cost

Rise in provisions & shrinking NII weigh on bottom-line

In a first, commercial banks' credit-deposit ratio breaches 80% mark

Another rate cut will make mobilising resources tough

Govt notifies capital gains scheme, expands digital payment options

The Capital Gains Accounts (Second Amendment) Scheme, 2025 adds digital payments, e-statements and mandatory online closure from 2027, modernising the 1988 framework for reinvesting capital gains

RBI plans to conduct 7-day VRR auction Fri to infuse ₹50,000 crore

The RBI's VRR operations are intended to infuse liquidity into the financial system and anchor short-term money market rates closer to the policy repo rate

RBI doesn't target rupee level, fall due to dollar demand: Guv Malhotra

The RBI Governor says rupee's fall is due to dollar demand, not policy moves, assures strong forex buffers and highlights improving strength of Indian banks