Under the revised framework, banks will be free to offer higher interest rates on fresh NRE deposits with maturities of…
Credit growth hits two-year high; falling yields improve outlook.
Visa has generated over 500 million payment tokens in India since 2022, boosting digital payment security and reducing fraud through…
The RBI’s new framework allows banks to lend directly to SEBI-registered REITs, improving access to long-term capital, lowering borrowing costs,…
RBI Deputy Governor Rohit Jain met with major bank CEOs to review foreign exchange initiatives, including the new concessional FCNR(B)…
RBI’s forex measures seen narrowing deposit-credit gap
Indian lenders urge the RBI to clarify if overseas branches can provide leverage to depositors placing FCNR(B) funds, echoing structures…
With the RBI allowing depositors to leverage, the scheme’s attractiveness has improved further
Outstanding FCNR(B) deposits stood at $33.8 billion at the end of March 2026, compared with $32.8 billion a year earlier.
Mistry set to get 3-month more as chairman
With corporate non-performing assets shrinking, retail loans emerged as the fastest-growing segment, driving a surge in security receipts and an…
Explaining the decision, RBI Governor Sanjay Malhotra said the MPC believed significant risks to both inflation and growth remained.
RBI Governor Sanjay Malhotra clarifies that the 4% inflation target remains intact despite supply shocks, relying on ECB and FCNR(B)…
IDFC First Bank has built a retail-focused banking franchise through simplified savings accounts, transparent fees, monthly interest payouts and a…
Speaking at the Citi India Conference, Citigroup CEO Jane Fraser urged India to look past short-term economic headwinds, pointing to…
SBI Chairman CS Setty said an RBI rate pause would help stabilise growth, while noting that companies have not yet…
Godrej Industries Group has entered wealth management through Godrej Wealth, targeting Rs 1 lakh crore in assets under management within…
Kotak Mahindra Bank has logged over 500 precautionary loan applications under the government’s newly launched ECLGS 5.0 scheme, as Indian…
