The Hindu Businessline

The primary objective of RBIA is to provide the Board or its committees with reasonable assurance on the adequacy and effectiveness of the institutions risk management and internal control framework.

Canara Bank raised MCLR for overnight to six-month tenures by 5 bps, while leaving longer-tenure rates unchanged

REITS and InvITs are investment vehicles that allow investors to invest in real estate and infrastructure assets respectively

Peak interest rates touch 7%, or thereabouts

The government has also raised the maximum loan amount limit for large NBFC-MFIs and MFIs to 1,000 crore from 300 crore, subject to a 20% Assets Under Management ceiling

The report said major lenders are likely to see further declines in bad-loan ratios, supported by stronger balance sheets and improved recovery mechanisms

Selected participants to undergo three months of in-person residency at GIFT City, followed by three months of virtual support dedicated to product development, market validation, and ecosystem engagement

A number of big-bang funding plans have been announced recently for the AI buildout

Benchmark 10-year yield drops 10 basis points in four days as foreign investors pump over 11,000 crore into government securities.

The FCNR(B) US Dollar deposit rates for these maturities will be 7% per annum from the earlier 2.63%

Asset management companies may report executive remuneration on a consolidated basis instead of naming individuals.

The private-sector lender will offer 7% on three-year FCNR(B) deposits, 7.05% on four-year deposits and 7.10% on five-year deposits, a spokesperson for the bank said

Equity inflows dipped 40% in May to 22,908 crore, against 38,440 crore in April, as investors confidence was shaken by extreme volatility in the market

PIB Fact Check in a post on X said the claims being circulated on social media were fake, and that the RBI maintains its current currency structure

Competition to intensify for NRI deposits

This includes Pool Buyout, Co-Lending, TReDS and Supply Chain Finance at Nariman Point, Mumbai

LCR requires banks to maintain high quality liquid assets to meet 30 days net outgo under stressed conditions

The court said the banks statements were factually accurate and imposed a Rs 5 lakh cost on the trust.

According to data from the Clearing Corporation of India Ltd (CCIL), FPI holdings in FAR securities stood at 3.32 lakh crore on Tuesday, up from 3.23 lakh crore on June 3.

Bank posts record 1,322 crore profit in FY26; targets 4 lakh crore business by FY29

Banks can avail concessional swap from the RBI for overseas borrowings of a minimum maturity of 3 years

The hiring push, including for senior leadership roles, will continue through March 2027.

Measures extended hedging support and liquidity management till January 2027

This platform will allow businesses to access traditional banks, digital banks and payment processors across key global jurisdictions

The company has disbursed over 2,600 loans to more than 400 MSMEs across 173 cities in 27 States, helping small suppliers access working capital against confirmed government purchase orders

Four of the five top tier Indian IT services players saw an increase in share of revenue from the BFSI vertical in FY26, according to data from the companys annual reports

The certification clears Viyona to go live as a Biller Operating Unit, enabling billers across utilities, education, insurance, and financial services to collect payments through Indias Bharat BillPay network

For the new MD and CEO of Canara Bank, the first priority is on the resources side, raising low-cost deposits and improving CASA, which will strengthen overall efficiency.

Request FinMin to set up working group on ARCs to review their existing position and expand their role

The public sector lender reported a net profit of 80,032 crore for the year, with operating profit rising to 1.23 lakh crore

The deal would be one of the largest to ever come to market, ahead of a similar transaction from Carlyle Group Inc.s AlpInvest unit last year

The report stated that the measures aim to attract foreign capital into India while addressing rupee pressure and enhancing external sector stability

The original cryptocurrency climbed as much as 3.8% to nearly $64,200 and was trading around $63,000 at 7 a.m. in London

Consumer durables, logistics, retail and capital goods likely to lead the next phase of the investment cycle.

RBI has ordered banks to require full collateral for credit facilities used by brokers for proprietary trading, citing concerns over funds being used for equity market speculation

He added IRDAI is proactively addressing the insurance sectors evolving market needs.

The CBI said it has already filed its first chargesheet before a special court in Panchkula.

Medical Management leads the disease mix at 33% of loans disbursed over the past 2.5 years, followed by Cardiology at 15% and Neurology at 14%, collectively representing over 60% of all disbursements

Bitcoin has lost more than half its value since reaching a peak above $126,000 in October last year and is now worth less than it was when crypto-friendly Trump retook the White House

Appointed in June 2023, Swaminathan Janakiraman replaced MK Jain and has been overseeing key regulatory and banking functions at the central bank

The RBI upped the FY27 retail inflation projection 5.1 per cent (earlier projection: 4.6 per cent) and cut the real GDP growth projection to 6.6 per cent (6.9 per cent)

Banks will have to ensure transparency and uniformity in the disclosure of deposit interest rates, per draft amendment directions.

The measures buoyed the rupee, which posted it biggest single day gain since April 2 on Friday

It is a target that the government has given us; the target is not in abeyance at all. It remains at 4%, and that is our endeavor, says Sanjay Malhotra

Reforms could improve reserve adequacy and bolster investor confidence

Measures include higher investment limits for overseas investors in listed equities, wider access to government securities and relaxation of FPI debt investment norms

Policy aims to attract stable capital and lower borrowing costs

Bitcoin is trying to stabilise around $64,000 after dropping over 13% in the past week, nearly halving its value since its October 2025 peak and reducing its market cap to approximately $1.27 trillion

The Latest Home Loan Interest Rates: Jun 05, 2026

The Latest Fixed Deposit Interest Rates: Jun 05, 2026