Page 34 - Finance News

State lenders plan $2 bn overseas borrowing under RBI concessional route

Small Industries Development Bank of India is in talks with the International Finance Corp. to raise as much as $1 billion in five-year and seven-year tenors

Rupee falls 10 paise to 94.86 against US dollar during early trade

At the interbank foreign exchange, the rupee opened at 94.88 before rising marginally to 94.86, down 10 paise from its previous close

Banking liquidity turns deficit after 3 months on tax outflows, cash drain

Advance tax payments and higher currency leakage pushed banking system liquidity into deficit, prompting the RBI to inject Rs 1.41 trillion through a VRR auction

Banks raise ₹1 trillion through CDs in June as deposit growth lags

Certificate of deposit issuances crossed Rs 1 trillion in the fortnight ended June 15 as banks sought funding amid a widening gap between credit and deposit growth

Gold loans increasingly used for short-term liquidity needs: Experian India

Gold loans in India are increasingly used for short-term funding as tenures shrink, ticket sizes rise, and asset quality improves across lenders

RBI aligns prudential norms for UPI-linked credit lines with base loans

Central bank says prudential treatment of payment-linked credit facilities will depend on the nature of the underlying loan, irrespective of delivery mode

FCNR (B) swap facility covers only principal, excludes interest: RBI

Foreign Currency Non-Resident (Bank) deposits help NRIs earn in foreign currency while protecting savings from rupee depreciation risk

Prime borrowers emerge as key users of Credit Line on UPI: Suryoday SFB

Suryoday SFB launched its Credit on UPI product in August 2025 in partnership with Paytm

RBI eases MSME onboarding on TReDS, allows guarantee cover for financiers

Central bank consolidates TReDS regulations, eases MSME access and permits financiers to obtain credit guarantee cover on platform exposures

RBI injects ₹1.41 trn liquidity in banking system via 7-day VRR auction

This was done after the liquidity in the banking system turned in to deficit of ₹19,971.89 crore as on June 22, from a surplus of ₹30,685.11 crore as on June 21

Rupee falls 6 paise to 94.69 against US dollar during early trade

At the interbank foreign exchange, the rupee opened at 94.73 against the US dollar before rising to 94.69, down 6 paise from its previous close

RBI defended rupee with $8.94 billion net dollar sale in April: Bulletin

The central bank remained a net seller in the spot forex market as the rupee came under pressure from geopolitical tensions and persistent foreign outflows

Banks must tap digital rails to deepen MSME credit access: RBI Governor

Sanjay Malhotra says financial institutions should leverage ULI, Account Aggregator and other digital platforms to build a more inclusive MSME credit ecosystem

Inflows into FCNR(B) deposits down 39% in April 2026, shows RBI data

While FCNR(B) deposit inflows fell sharply from a year earlier, overall inflows into non-resident deposit schemes edged up, supported by growth in NRE deposits

RBI's gold stock remains unchanged for the eighth consecutive week

The stock had increased from 880.34 metric tonnes in the week ended March 20 to 880.52 metric tonnes in the week ended April 3. The physical stock of gold has remained unchanged since then

RBI net sold $8.944 billion in spot market in April, says bulletin

This is the second consecutive month of selling by the central bank amid pressure on the Indian rupee

IREDA, Godrej and others raise ₹4,165 crore through bond issuances

IREDA, Godrej Industries, Embassy Office Parks REIT and India Infradebt tapped the debt market as easing funding costs and investor demand supported issuances

Rupee falls 15 paise to 94.48 against US dollar during early trade

At the interbank foreign exchange market the rupee opened at 94.42, registering a decline of 9 paise from its previous close

Liquidity view fuels CRR hike possibility as RBI moves lift inflow outlook

Expectations of stronger forex inflows have sparked talk of an RBI CRR hike if surplus liquidity builds sharply by August

RBI's M&A norms: HSBC India funds Waaree's ₹1,255 crore acquisition

The transaction marks one of the first acquisition financing deals executed by a private or foreign bank under the RBI's revised framework for bank-funded acquisitions