Financial Market

Real technology bets will define India's market future: Shankar Sharma | BFSI Summit 2025

India’s financial markets could witness asymmetrical returns in the coming years as technology-led sectors begin to reshape

Confidence of foreign investors in India remains strong, says Sebi chief

At the Business Standard BFSI Insight Summit 2025, Sebi chief Tuhin Kanta Pandey said India's financial markets are growing stronger with transparency, reforms, and wider investor participation

PNB cuts lending rate to 50 basis point in line with RBI's policy

Hours after RBI's jumbo rate cut, state-owned Punjab National Bank (PNB) on Friday announced up to 50 basis points reduction in lending rate, a move which will help existing and new borrowers. Other banks are also expected to make similar announcements soon. "Great News for Our Valued Customers! Punjab National Bank Makes Your EMIs More Affordable! Following the repo rate cut (6.00% - 5.50%), Punjab National Bank has reduced its RLLR by 50 bps, effective from June 9, 2025," PNB said in a post on X. With the reduction in the benchmark repo-linked benchmark lending rates (RBLR), the home loan of the bank will start from 7.45 per cent while vehicle loans from 7.8 per cent per annum. Earlier in the day, the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash reserve ratio for banks to make available more money to lend in a bid to boost the economy. The RBI's six-member monetary policy committee, headed by Governor

Exim Bank withdraws planned 10-yr bond issuance over high yield demands

The bank had planned to raise Rs 2,500 crore through 10 year bonds. The base issue size was Rs 500 crore and the green shoe option was Rs 2,000 crore

Yellow metal: Maintain allocation; tariff battles may sustain bull run

"Central banks usually purchase about 400 tonnes of gold annually. However, in 2022 and 2023, they bought over 1,000 tonnes each year," says Vikram Dhawan

Stock markets closed: BSE, NSE shut trading across segments for Christmas

The closure applies to equity, equity derivatives, SLB, and currency derivatives segments. Commodity markets will also remain shut during both morning and evening sessions

EQT Asia doubles down on India's health care, financial services, and infra

Swedish PE firm invests $6 bn in 18 months; sells stake worth $2.4 bn

Panel Discussion: Is the market in a bubble zone?

Business Standard BFSI Insight Summit brings together thought leaders from India’s financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies.

Keynote Address: T Rabi Sankar, Deputy Governor, RBI

Business Standard BFSI Insight Summit brings together thought leaders from India’s financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies.

Is the Indian premium justified

Business Standard BFSI Insight Summit brings together thought leaders from India’s financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies.

Navigating the future of finance services in India :Tech roadmap

Business Standard BFSI Insight Summit brings together thought leaders from India’s financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies.

Yes Bank appoints Nirav Dalal as country head of financial market division

Dalal holds a master's degree in business administration (finance) from the K.J. Somaiya Institute of Management Studies & Research

How B-schools can shape your career in finance

In this episode of Manager's Mantra, we are joined by Mr. Vishal Bajaj, CA, CS, and MBA, who is the Director - Wealth at Client Associates, a leading wealth management firm.

Brigade Enterprises launches QIP issue to raise funds up to Rs 1,500 cr

Bengaluru-based Brigade Enterprises plans to raise up to Rs 1,500 crore by selling equity shares to institutional investors as part of its strategy to expand business. The company on September 2 launched its Qualified Institutional Placement (QIP) issue to raise funds. In a regulatory filing late on Monday, Brigade Enterprises informed that a committee of directors authorised the opening of the QIP Issue on Monday. The panel also approved the floor price for the QIP issue at Rs 1,164.70 per equity Share. The company's share price closed at Rs 1,239.80 apiece on the BSE. Its market capitalisation at Monday's closing price stood at more than Rs 28,000 crore. In March, Brigade Enterprises had taken approval from shareholders to raise funds through the issue of securities up to Rs 1,500 crore. Brigade Enterprises is one of the leading real estate developers in the country with a significant presence in South India. Last month, Brigade Enterprises reported more than two-fold jump i

India must avoid sway of fin mkts' expectations over macro outcomes: CEA

Speaking at the CII Financing 3.0 Summit in Mumbai, Nageswaran stated that when the financial sector is in excessively robust health, the health of the rest of the economy becomes fragile

Global trends, trading activity of FPIs key factors to drive mkt sentiments

Movement in the stock market this week will largely be driven by global trends, macroeconomic data announcements and trading activity of foreign investors, analysts said. Equity benchmark indices, which are on a dream run for the past several days, will also track trading in global oil benchmark Brent crude and movement of rupee against the US dollar. "The next FOMC (Federal Open Market Committee) meeting is scheduled for mid-September, but before that, the market will be closely watching upcoming US economic data. Key indicators like manufacturing PMI, non-farm payrolls, and unemployment rate will be released this week, all of which could significantly influence market sentiment. "Institutional flows will play a critical role," said Santosh Meena, Head of Research, Swastika Investmart Ltd. The primary driver behind the bullish momentum in the domestic market is the growing anticipation of a rate cut in the United States and buying support from domestic investors. Auto stocks woul

Yes Bank relieves country head of financial markets Amit Sureka from duties

Yes Bank, where Indian lenders collectively own a 34 per cent stake and the State Bank of India (SBI) is the largest shareholder with a 24 per cent interest, has been seeking a new promoter

RBI releases framework for financial market self-regulatory organisations

The proposed self-regulatory organisations (SROs) can play a vital role in developing industry standards and best practices and ensuring that members adhere to these

Financial market seeks incentives for NBFCs, AIFs in pre-Budget meeting

'Revisit the safe harbour clause under Section 9A of Income Tax act that encourages offshore funds to invest in India'

British govt moves to revive London's reputation as financial hub

The global competition for investors - among cities like New York, Hong Kong, Dubai and Singapore - is intense