Page 2 - Finance News

Hawkish hike, but measured path ahead

Depending on growth-inflation dynamics, the repo rate could rise to 6-6.25 per cent next year

GST Council to take up far reaching compliance reforms at Thursday meeting

The GST Council is expected to consider simpler compliance, faster refunds and changes to prosecution and arrest rules, with no major rate changes likely at the meeting

RBI to firm up views on Irdai's proposed insurance commission overhaul

Governor Sanjay Malhotra says the RBI will submit comments on Irdai's draft commission framework, which proposes product-level caps and lower management expense limits

MDR on UPI unlikely to dent transaction volumes: RBI Governor Malhotra

A 0.4 per cent merchant discount rate takes effect on October 15, while small payments remain free; UPI recorded 802 million average daily transactions in September.

Individuals exempt from reporting foreign earnings; RBI to issue FAQs soon

Even in the case of entities, there is a provision for self-declaration up to a cap of ₹10 lakh per bill, Governor Sanjay Malhotra said

RBI policy highlights: Repo rate rises 25 bps as inflation risks broaden

The RBI raises the repo rate to 5.5% as inflation risks broaden, while keeping its growth outlook firm. Here are the key takeaways from Governor Sanjay Malhotra's statement

Small fee unlikely to impact UPI transaction volumes: RBI Governor on MDR

RBI Governor Sanjay Malhotra said a small MDR on select UPI payments is unlikely to materially affect transaction volumes as the new charge takes effect from October 15

High liquidity no concern for NBFC asset quality, says RBI Governor

RBI Governor Sanjay Malhotra said the central bank sees no asset-quality concerns for NBFCs despite high liquidity, while bank credit growth is expected to remain strong

Rupee falls 22 paise to 96.57 against US dollar post RBI rate increase

At the interbank foreign exchange, the rupee opened at 96.37, then lost ground and fell to 96.45, down 10 paise from its previous close

RBI allows account aggregator interoperability, enables CAS bank deposits

Customers will be able to access financial information through any NBFC-AA, while demat account holders can also view bank deposit details in consolidated statements

Bond yields inch up as RBI MPC changes stance with 25 bps repo rate hike

The benchmark 10-year yield rose six basis points after the RBI raised the repo rate to 5.50 per cent and signalled that future action would be a hike or pause

RBI MPC raises FY27 inflation forecast to 5.2%, projects GDP growth at 7.1%

RBI MPC October 2026: The policy committee raised the repo rate to 5.5% and changed the stance to 'calibrated tightening'

RBI MPC hikes repo rate by 25 bps to 5.5%: A look at last five hikes

The RBI MPC has raised the repo rate by 25 basis points to 5.5 per cent. Here is a look at the central bank's five previous rate hikes and the inflation backdrop at the time

RBI MPC lowers FY27 inflation forecast to 5%, projects GDP growth at 6.7%

RBI MPC October 2026: The policy committee raised the repo rate to 5.5% and changed the stance to 'calibrated tightening'

RBI announces two measures to ease financial information access for users

The RBI will allow interoperability among account aggregators and enable bank deposit details in consolidated account statements, alongside a new financial markets committee

RBI changes stance to 'calibrated tightening': Here's what it means

The RBI's new calibrated tightening stance signals that further rate hikes remain possible as the central bank responds to inflation and economic risks

RBI MPC hikes repo rate by 25 bps to 5.5%, near-term cuts 'off the table'

RBI MPC October 2026: At its policy meeting, held between October 5 and October 7, the committee changed the stance to 'calibrated tightening'

Deceased borrower's loan: What's the spouse's liability?

Marriage alone does not make a spouse liable for a deceased borrower's debt. Recovery depends on whether the spouse was a co-borrower or guarantor, or inherited assets from the deceased

Will RBI join global central banks in raising rates as energy prices rise?

A look at some of the data points that the rate-setting panel may consider to take a decision

Union Cabinet approves ₹10,000 crore commitment to SME Growth Fund

The fund will provide growth capital to SMEs seeking to expand capacity, adopt technology, enter global markets, make acquisitions and join global value chains