The Hindu Businessline

The interest rate increase follows Reserve Bank of Indias special FCNR (B) swap facility, aimed at encouraging higher NRI fund inflows into India

The meeting, chaired for the first time by Kevin Warsh, signalled a shift in the Feds communication strategy as it grapples with rising inflation pressures from energy costs and geopolitical tensions

Removes the restriction on interest rates on NRE deposits of 3 year and above tenors.

The VRR auctions infused liquidity amounting to 72,300 crore in the banking system at a weighted average rate of 5.26%

The POS of the microfinance sector declined to 2,77,053 crore as at March-end 2026 from 3,35,060 crore as at March-end 2025 and 3,77,706 crore as at March-end 2024

The bank witnessed around 40 per cent reduction in fraud incidents in last financial year compared to previous financial year

Experts attributed the narrowing of liquidity to outflows on account of advance tax payments.

A shorter-term policy anchor may give the PBOC greater precision and flexibility in steering market conditions

The deal is the largest by an Indian lender since the State Bank of India's $750 million five-year bond sale in May 2023 and comes as SBI and Bank of Baroda line up similar overseas debt sales.

As per the revised framework, 75% of the guaranteed portion will attract a zero risk weight, while the remaining exposure will carry a 20% risk weight under existing norms

Besides high interest, lenders are offering significant leverage on the deposits

Offers up to 6.50% p.a. on USD deposits with tax benefits and loan facility

The surge comes on the back of a rally in fixed-income markets, prompting borrowers to accelerate fundraising plans

ICICI Pru Signature Secure offers a simple proposition invest once, stay protected through life cover during the policy term

RBI Reelathon 2026 is designed as a three-phase state-wide awareness initiative

The recruitment drive focuses on filling a total of 12 positions across diverse specialised domains, including artificial intelligence, quantum technology, cyber security and climate change risk

Bank may raise over $500 million through a five-year dollar bond amid strong investor demand.

The domestic debt market received notable structural updates during this period, which modified the operating landscape for overseas capital

OFS opens for non-retail investors on June 16 and for retail investors on June 17

Banks and NBFCs must ensure suitability and explicit customer consent from January 2027

In the current financial year (up to June 12, 2026), there were 1,920 CP issuances by companies aggregating 4,39,693 crore

Rupee strengthened about 0.7% to 94.4625 per dollar on Monday, its highest level in seven week

The report stated that India recorded a BoP surplus of $7.2 billion in Q1 2026, despite worries about weaker capital inflows and rising energy prices

In April 2025, Razorpay converted itself into a public limited company before completing its long-awaited reverse flip to India later that year

Risk appetite returned to markets after President Donald Trump said on social media that a peace deal with Iran is now complete and that the US would end its blockade of the strait, a critical trade waterway

There are several reasons behind this phenomenon. First, high inflation in healthcare expenses and hospital stays are pushing customers towards securing their health insurance policy for a prolonged period

The petitioner was employed with the RBI from 2013 and was designated as a senior assistant since January 2018

Yes Securities expects headline CPI for Q1FY27 to undershoot RBI's 4.2% forecast as the May print at 3.93% y-o-y and benign base effects keep the average low

The ruling also triggers legal provisions that could disqualify him from holding elected office

The IMFwas granted a Certificate of Registration (CoR) by the Insurance regulator to operate as an Insurance Marketing Firm (IMF) for the period from May 18, 2020 to May 17, 2023

The insurance broker and risk advisor has largely been focussing on strengthening relationships with mid-market and SME clients rather than pursuing growth purely through scale

BoBs Golden Goal Deposit Scheme offers higher returns for seniors with easy online and branch deposit options

Bank permitted to allow depositors to withdraw up to 1 lakh; eligible depositors would be entitled to receive deposit insurance claim amount of their deposits up to a monetary ceiling of 5 lakh

The Latest Fixed Deposit Interest Rates: Jun 12, 2026

The Latest Home Loan Interest Rates: Jun 12, 2026

The RBI said this week that external commercial borrowings with an average maturity of at least three years by state-run companies would qualify for a swap facility at a fixed rate of 1.5% per annum, compounded semi-annually

The bank reported total deposits of Rs 26,197 crore and gross advances of Rs 23,832 crore as of June 11, 2026.

According tothe insurer, a Special Investigation Team (SIT), which looked into a 2015 road accident case to claim insurance benefits illegally from ICICI Lombard, has revealed an implantation of the motorcycle

The revised rate came into effect on June 10, 2026, and applies to NRI customers

Zelle enables financial institutions of all sizes to offer near-instant cross-border remittances through trusted banks and credit unions

This follows RBIs recent proposal aimed at boosting US dollar inflows