At the interbank foreign exchange market, the rupee opened at 92.92 against the US dollar, then gained ground to touch 92.56 against the US dollar in initial trade
The rupee is likely to open in the 92.40-92.50 range versus the US dollar, having settled at 93.0075 on Tuesday
RBI MPC meet: In the February policy review, the MPC kept the repo rate unchanged at 5.25 per cent and continued with the 'neutral' stance
Newer options such as acquisition financing, now allowed for banks by the RBI, should also support credit growth
Growth in QR codes and transaction volumes underscores rising merchant adoption and expanding digital payments ecosystem across India
The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidiary of the government
Economist M Govinda Rao warns rising geopolitical tensions could expose India's fiscal vulnerabilities, calling for reforms in GST, deficits, and public spending
Finance Minister Nirmala Sitharaman highlights policy dilemma between protecting small savers and managing rising government borrowing costs amid shifting savings trends
FM Nirmala Sitharaman says current year even 'more challenging' but India has enough fiscal space
RBI's draft norms revamp BC structure, tighten branch rules, and aim to expand banking access while strengthening governance and consumer protection
Central bank keeps CDS cap unchanged and raises FPI debt limits in line with expanding securities stock, while aligning VRR investments with general route norms
The rupee is likely to open in the 92.80-92.90 range versus the US dollar, having settled at 93.10 on Thursday
As RBI pivots to risk and resilience, India's payments sector is evolving from a high-growth story to one driven by governance, trust and global integration
SBI's chief economist Soumya Kanti Ghosh said while announcing the pause, the RBI will be careful in communicating its decision
RBI Innovation Hub is building a ULI app to bring digital lending to smartphones, offering borrowers multiple loan options on a single platform
MSMEs see higher working capital drawdowns as West Asia conflict strains cash flows, with delayed receivables and rising costs expected to impact portfolios in coming quarters
States and Union territories plan to raise up to ₹2.54 trillion through SDLs in the first quarter of FY27, lower than market expectations of up to ₹3 trillion
Asset reconstruction companies are likely to see steady AUM growth in FY27, driven by stress in MSMEs and retail segments amid geopolitical tensions and interest rate concerns
Rising repatriation is outpacing overseas spending.
Reserve Bank of India keeps bond structure intact but tightens rules with digital access, investor safeguards and stricter compliance norms