The Reserve Bank of India's in-principle approval for Japan's largest bank, Sumitomo Mitsui Banking Corporation (SMBC), to convert its Indian branches into subsidiaries has caused Yes Bank's stock to rise 2.75 percent on January 16. This suggests that SMBC may have a la view more...
The finance ministry appears to have little reason to be concerned about the state of the financial system, even though the Union Budget is just one month away. Profitability is still substantially above long-term norms, asset quality is the best in decades, and capital view more...
Governor Sanjay Malhotra announced the monetary policy on December 5, saying that the Reserve Bank of India (RBI) had changed its inflation forecast from 2.6 percent to 2 percent. Inflation was predicted to be 0.6 percent in Q3 compared to 1.8 percent in Q2 and 2.9 p view more...
Indian rupee has depreciated to a record low on December 1 despite the a very good GDP print in the second quarter of the current financial year, but experts believe that the central bank would shield the currency from the free collapse amid tariffs uncertainty. Expe view more...
Deputy Governor Shirish Chandra Murmu stated on November 28 that in order to make compliance easier, the Reserve Bank of India (RBI) has undertaken an overhaul of its regulatory framework by combining 3,809 circulars into updated master directions and eliminating 5,673 view more...
After investors wanted a higher coupon rate in anticipation of a rate cut by the Reserve Bank of India (RBI) in December, the National Bank of Agriculture and Rural Development (Nabard) and Power Finance Corporation cancelled their plans to issue bonds. According to m view more...
At today's opening, the Indian rupee gained 26 paise, a move that currency analysts attributed to likely Reserve Bank of India assistance. Compared to the previous closing of 89.4088 against the US dollar, the local currency opened at 89.1450. Technically spea view more...
Due to support from lowering U.S. Treasury yields and an increase in Asian currencies, the Indian rupee opened 3 paise higher on November 21, according to currency experts. Compared to the previous closing of 88.7075 versus the US dollar, the local currency opened a view more...
In October 2025, the life insurance sector in India recorded a 12 percent year-over-year increase in new business premiums (NBP), driven primarily by private insurers. The Life Insurance Council's preliminary data shows that the total NBP collected in the month was view more...
The global frenzy surrounding artificial intelligence (AI) is similar to the early dot-com boom, according to veteran banker and chairman of Jio Financial Services K.V. Kamath, and India would be wise not to jump into it. Additionally, he supported the government's pus view more...
Concerns that the privatization of state-owned banks will harm financial inclusion and the interests of the country were allayed by Finance Minister Nirmala Sitharaman on Tuesday. In terms of financial inclusion, she claimed that the 1969 bank nationalization had no view more...
After closing at 88.7038 against the US dollar, the local currency opened at 88.6100 against the US dollar. According to Bloomberg data, Asian currencies saw increases of 0.14 percent for the Japanese yen, 0.13 percent for the South Korean won, 0.11 percent for the I view more...
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