Page 4 - Finance News

Time for lenders to rethink MSME credit beyond collateral-based models

Financial institutions must pivot towards cashflow tracking and unified digital networks to unlock funding for small businesses

Rupee rises 58 paise to 94.60 against US dollar during early trade

Rupee movement today was significantly influenced by the peace deal between US and Iran and the consequent crash in Brent crude

Fintechs get boost from global AI firms as payment processing demand rises

Growing demand for AI services in India is creating a fast-expanding cross-border payments opportunity for domestic fintech companies

NFRA tightens audit oversight with new rules on inspections, remediation

New inspection guidelines require audit firms to submit remediation plans within three months and implement corrective measures within six months

RBI's swap facility for OFCB: Dollar route to cut banks' funding costs

The RBI's concessional swap facility for overseas foreign currency borrowings is expected to lower funding costs and help banks bridge the gap between credit and deposit growth

Biz growth, drop in delinquencies help micro lenders turn the corner

India's microfinance sector recorded its first sequential portfolio expansion in seven quarters, while asset quality improved and disbursements reached a seven-quarter high

Corporate bond market revives with ₹27,000-crore issuances this week

Borrowers raised around ₹27,000 crore through corporate bonds this week as softer yields lowered costs, with another ₹13,000 crore scheduled next week

RBI's FCNR(B) scheme may help NRIs earn up to 27 per cent returns

Brokerages estimate leveraged FCNR(B) deposits could generate annual returns of up to 27 per cent for NRIs while helping banks attract $30-60 billion in fresh foreign currency inflows

Rupee surges 65 paise to 95.20 against US dollar during early trade

A weaker greenback and positive sentiment at the domestic equity markets provided further boost to the local unit, according to forex traders

Can foreign bond inflows strengthen the rupee and lower yields now?

Can foreign bond inflows strengthen the rupee and lower yields? Experts say yes, but only at the margin, with domestic and global factors playing a larger role

Why India is opening the door wider to foreign investors in govt securities

Govt has completely eliminated capital gains tax and withholding tax on interest income for FPIs investing in GSec, and has expanded specified securities under FAR

Can foreign bond inflows really move India's $1.5 trillion Gsec market?

A potential $20-25 billion foreign inflow sounds significant, but India's government bond market is much bigger. Here's where the money could matter, and where it may not

Scheme's validity extended: MFI credit lifeline may gain traction

The microfinance industry body expects stronger participation in the government's credit guarantee scheme after its validity was extended to August 31, 2026

DFS Secretary Lohiya named director on RBI, SBI central boards

The government has appointed Department of Financial Services Secretary Sanjay Lohiya to the central boards of the Reserve Bank of India and State Bank of India

India Inc's ECB, FCCB intent moderated to $3.76 billion in April

Indian companies proposed raising $3.76 billion through external commercial borrowings and foreign currency convertible bonds in April, down from $5.43 billion in March

Rupee declines 32 paise to 95.57 against US dollar in early trade

At the interbank foreign exchange market, the rupee opened at 95.55 against the US dollar before dropping further to 95.57

Bank loans to Reits and Invits to be based on asset cashflow record: RBI

Final norms effective from October 1, 2026, allow bank finance based on operating cash-flow history of underlying assets instead of a three-year track record for trusts

Early-stage stress resurfaces in microfinance amid cautious lending trends

While overall asset quality improved in April, a rise in early delinquencies and slower loan disbursals indicate lenders remain focused on portfolio discipline

RBI cancels registration certificates of 135 NBFCs, most in West Bengal

The majority of the NBFCs, whose certificates of registration were cancelled, had a registered office address in West Bengal, an RBI release showed

Govt to switch Rs 30,000 crore of bonds through auction on June 15

The switch auction will replace shorter-dated securities maturing between 2027 and 2030 with longer-dated bonds maturing between 2034 and 2039