Page 28 - Finance News

Tax and tariff disruptions reshape supply chains as strategic engines: PwC

PwC India's survey says shifting tariffs, uncertainty are testing supply chain resilience, even as firms underuse AI, face rising ESG pressures and struggle to give supply chains strategic influence

RBI in 'formidable position' to fulfil public policy mandates: DG Murmu

RBI Deputy Governor Shirish Chandra Murmu says the central bank's economic capital, risk buffers and revaluation practices place it in a strong position to meet its policy mandates

ICL Fincorp to launch ₹100 crore NCD issue offering 12.62% effective yield

The issue has a base size of Rs 50 crore and a green-shoe option of Rs 50 crore. The instruments are rated BBB- by domestic rating agency Crisil

Banking system credit grows 11.3% in October 31 fortnight: RBI data

According to the data, banking system credit stood at Rs 193.9 trillion, while deposits stood at Rs 241.7 trillion during this period

Finance ministry to vet ongoing schemes for 16th Finance Commission

Ministries asked for five-year outlays and outcome assessments

Inefficiency in MFIs leads to high interest rates: DFS secretary M Nagaraju

DFS secretary M Nagaraju flags a sharp fall in loan accounts and disbursals, urges MFIs to introspect, consolidate operations, and revive passion for financial inclusion

SBI aiming to modernise its core banking infrastructure in next 2 years

India's largest lender is overhauling its IT backbone for agility, scale, and AI-led efficiency

Banks move to '.bank.in' domain from '.com': Here's why RBI made the change

Starting October 31, the Reserve Bank of India asked all banks to move their websites to the new '.bank.in' domain to stop phishing scams

super.money issues 470,000 RuPay credit card in partnership with banks

Fintech super.money issued over 4.7 lakh RuPay credit cards through Axis Bank, Kotak811, and Utkarsh SFB, expanding access to first-time credit users across India

Draft ECL framework: Banks plan to move RBI for lower Stage-II floor

Banks are planning to make a representation to the regulator shortly. The deadline for submitting feedback on the draft ECL framework is November 30

Nine states raise ₹15,560 cr at weekly auction, lower than notified amount

After Maharashtra last week, Tamil Nadu rejects bids for 15-year paper

State-run banks target ₹9,000 crore from Tier-II bonds by December

Fundraising rush follows SBI's record Oct issue as yields soften

RBI recognises SRPA as self-regulatory body for payment system operators

The RBI has recognised the Self-Regulated PSO Association (SRPA) as an SRO for payment system operators, marking a key step in strengthening oversight and governance in digital payments

Pre-Budget meetings with govt: Economists urge FM to push capex pedal

Some experts flagged that state governments' debt has become unsustainable

Uttar Pradesh govt's growing microfinance kitty at ₹32,500 crore

In the quarter ending September 30, 2025, microfinance institutions (MFI) clocked a growth of almost 4 per cent, with quarterly lending at ₹7,258 crore

Festivals, GST rejig boost average credit card spending by 15%: RBI data

Credit card spending surged in September 2025 on strong festive demand and GST rationalisation, with private lenders such as HDFC Bank and ICICI Bank leading the growth in per-card spends

Bond yields steady as cut-off yield on 10-year bond in line with forecast

Government bond yields remained unchanged on Friday as the cut-off for the new 10-year paper matched market expectations, with traders watching US Treasury moves next week

State Bank of India looks to maintain at least 15% CAR: Chairman C S Setty

Expects three Indian lenders to be among Top-10 global banks in terms of mcap by 2030

No regulator should substitute boardroom judgement: RBI Governor Malhotra

Financial stability remains the 'North Star' for the central bank

KKR deepens India healthcare push with $200 mn Healthium MedTech plan

The private equity firm is focusing on entering areas such as cardiology, orthopaedics, and diagnostics, as India's medtech market is projected to grow to $50 billion over the next five years