Page 37 - Finance News

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

Big bank pursuit: FM Nirmala Sitharaman says in talks with RBI, lenders

"There is a lot of work to do prior to my saying yes. The work has already commenced. We are discussing with the RBI and banks," the finance minister said

Despite digitisation, India will need more banks: DFS secy M Nagaraju

However, Nagaraju cautioned that the digital transition must be carefully managed to ensure that service quality and customer trust are not compromised

Bank unions protest Nirmala Sitharaman's privatisation 'endorsement'

The forum cited the collapses of YES Bank, Global Trust Bank, and Lakshmi Vilas Bank as examples of governance lapses in private banks

Global value chain faces disruption, reforms driving growth: FM Sitharaman

Finance Minister Nirmala Sitharaman highlights global challenges, stresses infrastructure push, reform measures, and technology-led growth to boost investment and productivity

RBI flags concern over elevated bond yields; OMO unlikely in November

RBI engages with market participants amid widening India-US yield spread; bond purchases unlikely before final CRR cut at month-end

RBI likely to meet banks and dealers on Tuesday amid liquidity strain

The meeting, though without a formal agenda, is expected to focus on current market conditions, the traders said, declining to be named as they are not authorized to speak to the media

Rupee may appreciate 1-2% if US tariff outcome is favourable: Goldman Sachs

The upbeat view comes despite the currency on Monday dipping near its lifetime low of 88.80 to the US dollar

RBI's forward book expands after six months as it mounts rupee defence

The FX forward book reflects positions in both non-deliverable forwards (NDF) and the onshore forward markets, which had peaked in February

Lending slowdown: Bank loans contract after 3 months, shows RBI data

RBI data show bank loans fell by Rs 49,468 crore in mid-October, even as annual growth improved marginally to 11.5 per cent; deposits also declined during the period