Page 4 - Finance News

RBI Deputy Governor Swaminathan urges MFI lenders to review pricing

At an MFIN event in Mumbai, RBI Deputy Governor Swaminathan J. said microfinance lenders must ensure pricing reflects cost and risk, improve borrower assessments

State capital outlay to rise 4-6% but stays below long-term average: Crisil

Water supply and sanitation, including housing and urban development and irrigation, will continue to be the main drivers of the capital expenditure, the report said

SMFG accelerates India expansion by boosting lending, $5 bn buying blitz

Japan's second-largest lender has made investments to expand in financial services from retail to wholesale banking in India, such as a landmark deal that made it the biggest shareholder of Yes Bank

Non-banks served 45% of commercial sector's funding till October

Corporate bond issuances surge as non-bank channels match banks in FY26

CBDT to nudge 25K high-risk taxpayers to disclose foreign assets

Move aims to nudge 25,000 taxpayers to disclose foreign assets and income

Bandhan Bank to sell unsecured NPAs worth nearly ₹7,000 crore to ARCs

According to sources, the bank may consider selling more such loan pools if the current portfolios receive strong interest from ARCs

New banking connect platform to give RBI real-time oversight of transfers

A real-time view of transactions on the Banking Connect platform will help the regulator monitor fund transfers to sectors such as cryptocurrency and gaming, Chaturvedi added

Regulators considering review of strict currency derivatives rules

After the advisory, trading in the contracts -- used to hedge against foreign exchange risks and speculate on currency movements -- nosedived in India and rose overseas

RBI expected to cut interest rate to 5.25% as inflation drops: Poll

RBI Governor Sanjay Malhotra said this week that recent economic data suggested there was still scope to cut interest rates

Irdai asks insurers for customer-centricity, stricter grievance compliance

Irdai has raised concerns over rising complaints, urging insurers to improve grievance redressal systems, standardise classification processes

FIMMDA unveils SORR-based OIS plan, invites comments by December 15

FIMMDA has released a proposed settlement and trading framework for a new SORR-linked OIS product, aligning with the shift to secured benchmarks, and has invited market feedback by December 15

Paytm gets final nod from RBI to operate as a payment aggregator

PPSL, a subsidiary of One 97 Communications, has received RBI's final authorisation to operate as a payment aggregator, enabling unrestricted merchant onboarding after earlier curbs were lifted

NBFCs borrowings to hit $750 billion by FY27 as funding mix shifts

NBFC borrowings are set to reach $750 billion by FY27, with 64% expected from market-based instruments as firms pivot from bank loans to NCDs, ECBs and other capital-market funding routes

State-run firms taper debt fundraise on rate-cut hopes ahead of MPC meet

₹14,735 cr raised against ₹24,800 cr plan as PFC, Nabard pull short-term bonds

BHIM launches full delegation feature for UPI Circle to net more users

The feature will allow primary users to authorise their trusted secondary contacts to make UPI payments from their account, subject to a maximum monthly limit of ₹15,000

Rate-cut room intact, signals RBI governor Malhotra; bond yields decline

These comments come a week ahead of the meeting of the six-member monetary policy committee that starts from December 3. The decision in the meeting will be announced on Friday, December 5

Fiscal, monetary measures to boost pvt investment, growth: RBI bulletin

The Indian economy showed signs of a further pick-up in momentum, despite continuing global headwinds, said an article on 'State of the Economy' published in the November bulletin

PSU banks capture 50% of home loan originations, surpassing private rivals

State-run banks strengthened their lead as high-value loans drove market growth, even as overall retail credit expanded across segments

Banks, state firms plan $3.5 bn in bond sales before GDP data, MPC meet

India's GDP data for the July-September quarter is scheduled for Friday and the monetary policy decision will follow on December 5

RBI comes back swinging to hit brakes on rupee's slide towards 90

The central bank likely sold dollars on the order-matching platform and in the non-deliverable forward market, helping lift sentiment