Page 64 - Finance News

Writeoffs major factor for lower NPAs in past 5 years, says RBI report

Slippages in unsecured retail loans remained elevated for PVBs, with fresh slippages in this segment continuing to dominate overall slippages in retail loans

External spillovers likely to hit India's financial system: RBI report

Stress tests showed banks' gross NPA to rise under baseline scenario

Corporate bond market saw record issuances in FY25, says RBI report

RBI's Financial Stability Report says corporate bond issuances rose to ₹9.9 trillion in FY25, but secondary market turnover and bond spreads signal subdued activity

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

In the Financial Stability Report, RBI Governor Sanjay Malhotra says domestic resilience is strong but global tariffs, geopolitics and climate risks could impact growth

International credit rating methods must evolve: FM Nirmala Sitharaman

FM Sitharaman says India's sovereign rating understates macro strength and urges reform in global rating criteria to unlock more private capital and lower financing costs

Borrower indebtedness in microfinance declines to 11.7%: RBI report

Despite rising stress in microfinance portfolios, RBI notes decline in borrower indebtedness as tighter underwriting and regulatory caps limit over-lending

ITAT ruling targets use of farmland deals for laundering 'black' money

New ITAT tax interpretation could tighten scrutiny of undervalued land deals, challenging the alleged use of agricultural land transactions for turning unaccounted cash into legitimate income

DFS Secretary urges private banks to step up support for inclusion push

At a review meet, DFS Secretary M Nagaraju calls on private banks to deepen their role in financial inclusion and ready for the saturation campaign starting 1 July

Small savings rates unchanged for sixth straight quarter from July 1

Interest rates for the popular PPF and post office savings deposit schemes are also unchanged at 7.1 per cent and 4 per cent, respectively

Rupee ends first quarter flat amid global tensions and dollar weakness

The rupee ended Q1 marginally weaker at 85.77 after volatile trading amid Iran-Israel tensions, IPO inflows, oil easing and RBI reducing short dollar positions

Indian financial system resilient amid global uncertainty: RBI report

RBI Governor says financial stability is essential for growth, urges vigilance as global structural shifts make policymaking harder amid trade fragmentation, climate risks, and geopolitical tensions

Gross GST collections double in 5 years to record Rs 22.08 trillion in FY25

The average monthly collection stood at Rs 1.84 trillion in FY25, up from Rs 1.68 trillion in FY24 and Rs 1.51 trillion in FY22

Moody's expects infra credit revival as RBI eases provisioning norms

The Reserve Bank of India, in its final guidelines, eased project loan rules and cut provisioning burden on banks to 1%, instead of the earlier proposed 5%

FM Sitharaman to embark on six-day visit to Spain, Portugal and Brazil

During her June 30-July 5 visit, the finance minister would attend the fourth International Conference on Financing for Development (FFD4) organised by the United Nations

Global lenders may push back on RBI's offshore swap reporting plan

Complying with the Reserve Bank of India's directive could raise concerns about client confidentiality and lead to jurisdictional complications with other monetary authorities

Watershed moments: Introduction of RBI's flexible inflation targeting model

FIT model set to be reviewed amid call for excluding food inflation

Art and science of central banking: RBI governors since 1991 reforms

While the liberalisation led to higher economic growth, it didn't leave the subsequent governors without any challenges

Grace under fire: RBI represents a crisis manager's balancing acts

Since 1991, RBI has played key role in averting crises that posed a threat to India's economy

Front-loaded, then flat: JPMorgan Index fails to sustain FAR bond inflows

When JPMorgan announced in September 2023 that Indian bonds would be phased into the index starting June 28, 2024

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

In a May notification, the Board allowed resolution professionals to invite resolution plans for not just the company as a whole but also for sale of one or more of its assets