The swap involves the RBI buying dollars and injecting rupees in the first leg, which will be settled on Friday, before reversing the transaction three years down the line
Markets look calm, but five forces-rising debt, slowing revenues, weak savings, geopolitics and populism-signal a tougher growth phase for India
While small finance banks are solvent and working well, we need to ask if there has been a breakthrough in stretching the inclusion agenda beyond MFIs
The previous largest weekly decline was recorded in the week ended November 15, 2024
India's fiscal discipline and multiple structural strengths are creating a powerful growth multiplier, restoring policy headroom and boosting global confidence, says Shaktikanta Das
RBI Governor Sanjay Malhotra said penalties and restrictions are a last resort, stressing collaboration with banks to curb digital fraud and strengthen customer protection
Skydo's PA-CB-I licence enables it to process cross-border payments, specifically for facilitating inward transactions
The Reserve Bank on Friday fixed the Ways and Means Advances (WMA) limit for the Delhi government at Rs 890 crore to help it meet any temporary mismatch in receipts and payments. Earlier this week, the central bank entered into an agreement with the Government of the National Capital Territory of Delhi (GNCTD) to conduct the city government's general banking business, effective from Friday, January 09, 2026. "The WMA limit for GNCTD has been fixed at Rs 890 crore, effective from January 09, 2026," the Reserve Bank of India said in a statement. Accordingly, the revised aggregate WMA limit for State Governments / Union Territories will be Rs 61,008 crore as against the existing limit of Rs 60,118 crore, it added. WMA are temporary advances given by the RBI to the central, state governments and Union Territories to tide over any mismatch in receipts and payments.
Making a case for status quo on interest rate by the RBI, PwC Partner and Economic Advisory Services leader Ranen Banerjee said that any cut at this time would amount to "wasting a bullet" in an environment when growth is robust and inflation is benign. The Reserve Bank is unlikely to cut key policy rate in the next Monetary Policy Committee (MPC) meeting next month, he said. The meeting of MPC headed by Reserve Bank Governor Sanjay Malhotra is scheduled for February 4-6, 2026. This will be the last meeting of the current fiscal. If the growth numbers are holding up and base year revision is also on the anvil, which is expected to provide better estimates, then there is no need for rate cut, he told PTI. Observing that private capex is not interest rate sensitive, Banerjee said, there will be pick up when capacity utilisation is close to 85 per cent. "I do not think that the private capex is held up because of the interest rate. It is because there is an uncertainty of demand or t
The rupee settled at 90.03 per dollar, against the previous close of 89.89 per dollar
Earlier this week, US President Donald Trump warned that tariffs could rise further unless India curbs its Russian oil imports, escalating the pressure as trade talks between the two countries drag on
How an out-of-the-box approach helped the company come back from bankruptcy
In absolute terms at current prices, the economy is projected to attain the size of ₹357.14 trillion, which is marginally higher than the level assumed in the 2025-26 Budget
The local currency settled at 89.88 per dollar, against the previous close of 90.17 per dollar, after touching an intraday high of 89.83 per dollar
The yield on the benchmark 10-year government bond settled at 6.61 per cent, against the previous close of 6.64 per cent
EMI-based repayment steadily reduces the principal and lowers LTV, offering better protection against price volatility than the bullet option
The overall sDQI score for SCBs improved to 90.7 in September 2025, up from 89.9 in June 2025
After margin pressure and muted credit in 2025, banks enter 2026 with hopes of credit revival, stable asset quality and more investments, though funding and deposits remain key risks
While factories faced headwinds, Indian finance gained ground in the eyes of global strategic capital
After underperforming in 2025, small-cap funds may see a turnaround as valuations become more reasonable and earnings revive; existing investors should stay invested, while new ones enter gradually