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Page 91 - Finance News

PSBs share in loans rises sharply in FY25: Monetary Policy Report

State-owned lenders use SLR surplus for disbursements

PSBs share in loans rises sharply in FY25: Monetary Policy Report
Updated On : 09 Apr 2025 | 7:48 PM IST

RBI issues draft revised norms for non-fund based credit facilities

REs will issue an NFB facility only on behalf of a customer having a business relationship with them

RBI issues draft revised norms for non-fund based credit facilities
Updated On : 09 Apr 2025 | 7:37 PM IST

RBI proposes market based mechanism for securitization of stressed assets

Currently, standard assets are securitised widely, where banks and non-banking finance companies (NBFCs) participate actively to acquire such assets

RBI proposes market based mechanism for securitization of stressed assets
Updated On : 09 Apr 2025 | 7:17 PM IST

MPC highlights: Growth estimate revisions mainly due to tariff-related uncertainties, says Malhotra

RBI MPC Meeting 2025 highlights: Catch all the latest news updates on the RBI Monetary Policy Committee meeting here

MPC highlights: Growth estimate revisions mainly due to tariff-related uncertainties, says Malhotra
Updated On : 09 Apr 2025 | 6:16 PM IST

Now, NPCI can revise transaction limits on UPI based on evolving user needs

P2P transactions on UPI shall continue to be capped at Rs 1 lakh

Now, NPCI can revise transaction limits on UPI based on evolving user needs
Updated On : 09 Apr 2025 | 5:48 PM IST

Indian Rupee ends at 86.69/$; Falls 43 paise after RBI cuts repo rate

The domestic currency weakened 43 paise to end at 86.69 against the greenback after closing at 86.26 on Tuesday

Indian Rupee ends at 86.69/$; Falls 43 paise after RBI cuts repo rate
Updated On : 09 Apr 2025 | 3:57 PM IST

'I'm not Sanjay from Mahabharat': RBI Governor quips on future rate cuts

RBI MPC reduced the repo rate by 25 basis points to 6 per cent, marking the second cut this year

'I'm not Sanjay from Mahabharat': RBI Governor quips on future rate cuts
Updated On : 09 Apr 2025 | 2:50 PM IST

Concerned about tariff impact on growth more than inflation: RBI Governor

During the post-Monetary Policy press conference, RBI Governor Sanjay Malhotra said the central bank lowered the growth forecast primarily because of the tariff-related uncertainties

Concerned about tariff impact on growth more than inflation: RBI Governor
Updated On : 09 Apr 2025 | 12:32 PM IST

RBI cuts policy rate by 25 bps to 6%, changes stance to support growth

'Decisive improvement' in inflation outlook, says MPC as India braces for impact of US tariffs

RBI cuts policy rate by 25 bps to 6%, changes stance to support growth
Updated On : 09 Apr 2025 | 10:59 AM IST

RBI cuts repo rate further by 25 bps to 6%; a look at key policy rates

The benchmark repo rate was kept unchanged at 6.5 per cent for 11 consecutive MPC meetings and the first rate cut was announced in February 2025

RBI cuts repo rate further by 25 bps to 6%; a look at key policy rates
Updated On : 09 Apr 2025 | 10:48 AM IST

RBI cuts repo rate by 25 bps to 6%, lowers FY26 GDP growth forecast to 6.5%

RBI lowers repo rate by 25 bps and trims GDP projection for FY26, citing controlled inflation and global trade and policy uncertainties

RBI cuts repo rate by 25 bps to 6%, lowers FY26 GDP growth forecast to 6.5%
Updated On : 09 Apr 2025 | 10:08 AM IST

RBI MPC today: When and where to watch Governor Sanjay Malhotra's speech

RBI's MPC begins 3-day meet from April 7; decision on repo rate to be announced April 9. Markets expect 25 bps cut amid easing inflation, global concerns

RBI MPC today: When and where to watch Governor Sanjay Malhotra's speech
Updated On : 09 Apr 2025 | 9:49 AM IST

Rupee opens 19 paise lower at 86.45/$; RBI MPC's rate decision in focus

The domestic currency weakened 19 paise to open at 86.45 against the greenback after closing at 86.26 on Tuesday

Rupee opens 19 paise lower at 86.45/$; RBI MPC's rate decision in focus
Updated On : 09 Apr 2025 | 9:31 AM IST

RBI MPC may cut repo rate again: Key terms, projections and what to expect

RBI MPC April meet: The monetary policy committee is expected to do a second rate cut on April 9 and switch to an 'accommodative' stance. What does this mean?

RBI MPC may cut repo rate again: Key terms, projections and what to expect
Updated On : 09 Apr 2025 | 8:18 AM IST

RBI set to cut rates for a second time as US tariffs add to risks

In February, the RBI's six-member monetary policy committee delivered its first rate cut since May 2020 amid a slowdown in the economy, which is expected to have expanded 6.5 per cent in fiscal 2025

RBI set to cut rates for a second time as US tariffs add to risks
Updated On : 09 Apr 2025 | 7:47 AM IST

Tracking Chinese yuan, rupee declines further; importers stock US dollar

The rupee fell by 0.5 per cent to settle at 86.26 per dollar, against the previous close of 85.86 per dollar. The Indian unit weakened 0.6 per cent on Monday

Tracking Chinese yuan, rupee declines further; importers stock US dollar
Updated On : 08 Apr 2025 | 11:24 PM IST

MCA considering an oversight body for lender committee functioning

"We are discussing whether an oversight committee is required. The discussions at this stage are being done internally at the Ministry of Corporate Affairs (MCA) level," the senior official said

MCA considering an oversight body for lender committee functioning
Updated On : 08 Apr 2025 | 11:18 PM IST

Finance ministry notifies form ITR-B to report undisclosed income

Form ITR-B allows the assessee to claim TDS (tax deducted at source) and TCS (tax collected at source) credit against undisclosed income

Finance ministry notifies form ITR-B to report undisclosed income
Updated On : 08 Apr 2025 | 10:37 PM IST

Shriram Finance seeks RBI approval for primary dealership licence

RBI is very selective about granting PD licences. If granted, Shriram Finance will be one of the first non-bank entities to receive a PD licence in recent times

Shriram Finance seeks RBI approval for primary dealership licence
Updated On : 08 Apr 2025 | 10:36 PM IST

Banks may write off stressed loans worth Rs 1.5 trillion in FY26: Icra

Credit growth to expand at 10.8-10.9% on regulatory easing

Banks may write off stressed loans worth Rs 1.5 trillion in FY26: Icra
Updated On : 08 Apr 2025 | 10:35 PM IST