Ten years ago, India set out to wean itself off cash. The digital revolution arrived — but cash never left.
ICICI Bank doubles its offshore borrowing limit to $5 billion to tap international debt markets following the RBI’s shortened FCNR(B)…
State-owned Indian Bank raises $400 million in four-year foreign currency funds through its GIFT City branch as Indian lenders rush…
IDFC First Bank raises $500 million through its inaugural Regulation S dollar bond issue at GIFT City to diversify capital…
On Priority Sector Lending (PSL), she said success should be measured not merely through numerical targets but by whether credit…
Even one bank combining all 12 PSBs would rank 16th globally.
Strong FCNR(B) inflows have bolstered India’s external buffers and helped contain rupee volatility, but the RBI is right to avoid…
Bank deposits surged 15.4% year-on-year by July 31, the fastest since 2016, driven by foreign currency non-resident deposits and strong…
The government is set to form a High-Level Committee on Banking for Viksit Bharat to drive banking reforms, including consolidation…
Ahead of the Reserve Bank of India’s April 2027 Expected Credit Loss (ECL) rollout, Indian banks are upgrading core banking…
Public sector bank chiefs and leaders of financial institutions like SIDBI and NABARD gather in New Delhi for a two-day…
Fusion Finance is launching individual unsecured loans for existing customers to drive overall growth, targeting a ₹1,000 crore portfolio in…
The Reserve Bank of India (RBI) will close its special FCNR(B) deposit swap facility early on August 31 after pulling…
State Bank of India raised $500 million through a London bond issue at a 5.25% coupon rate, marking the tightest…
Banks and NBFCs seek flexibility in lending rates under RBI’s proposed interest rate framework aimed at improving transparency and monetary…
The G-sec yield curve is expected to steepen as FCNR-B deposit inflows boost demand for short-term government securities, increasing rupee…
HDFC Bank is in talks with four West Asian banks to raise $2 billion for its FCNR(B) scheme, aiming to…
The Reserve Bank of India proposes a common framework for banks and lenders to determine and revise loan interest rates,…