The Hindu Businessline

The Indian unit closed 44 paise stronger at 94.96 per US dollar

The unresolved grievances could undermine policyholder confidence and pose broader financial stability risks, RBI said

Retail lending remains the sectors growth engine, with gold loans surging nearly 70 per cent and consumer durable finance rising 42 per cent year-on-year in May 2026

The RBI had devised PSL mechanism in 1972 to ensure credit flow to underserving sectors

The CBI has so far arrested Amitabh Jhunjhunwala, former Vice Charman of Reliance Capital Ltd, Devang Pravin Mody, former CEO of RCFL, and Amit Bapna, former Chief Financial Officer of Reliance Capital Ltd.

President Prabowo Subianto also confirmed that both countries will work on establishing cross-border QR payment linkages

The IPO, likely to open next week, will kick off a busy pipeline of public offerings for India in the second half of the year

The bank said the service will help businesses improve cash flow management and ensure timely statutory compliance

K Ram KumarThere are 33 banks currently operating in the IFSC, comprising 15 foreign banks, 10 private sector banks and 8 public sector banks

In the companys annual report for FY25-26, Intellect Design Arena said that financial institutions are increasingly embedding AI across enterprise operations

From a technical perspective, analysts see the $65,000-$70,000 range as the next major resistance zone for Bitcoin

Gold loans accounted for 31% of securitisation volumes, driven by strong NBFC portfolio growth and healthy investor demand

IRDAI is expected to announce new norms on commissions soon

Bank of Barodas $600 million settlement could significantly affect current quarter earnings and weigh on investor sentiment

He also unveiled reforms to modernise cooperatives through PACS expansion, e-PACS, storage infrastructure and merit-based hiring.

NaBFID said it plans to extend the model to more A-rated infrastructure companies to deepen Indias corporate bond market and support long-term infrastructure financing

Developers shift to private credit for balance-sheet management rather than distress financing, with deal pipelines already up 10 to 20 percent

Mops up 1,848 crore through NCD issue at a 7.25% coupon rate

The lender reported a 13 per cent rise in total deposits to 3.44 lakh crore in the reporting quarter against 3.05 lakh crore at the end of the first quarter of the previous financial year

Strong NRI interest in FCNR(B) deposits could bolster the rupee and keep domestic gold prices under check, say analysts

In line with the policy framework of the government and the Reserve Bank of India, IIFCL said it is also evaluating opportunities to raise funds through ECBs

Retail, agriculture and MSME (RAM) loans continued to drive credit expansion across lenders

The private sector banks deposits rose 14.7% year-on-year, while gross advances increased by 15.4%

Subsidiary of CAMS to tap global markets with new KYC registration agency

Truhome Finance registered the second highest disbursement of 7,130 crore and 6,382 crore between FY25 and FY23

Veteran with Merrill Lynch and Julius Baer experience to drive product strategy and innovation

The Latest Fixed Deposit Interest Rates: Jun 26, 2026

The Latest Home Loan Interest Rates: Jun 26, 2026

Bank branches will observe a relatively light closure schedule in July, with the holiday calendar largely shaped by regional observances in northeastern and border states

The launch is also positioned as a potential catalyst for the India International Bullion Exchange

When compared to the preceding May, the CD issuances jumped 61.79%

The bank could raise at least $500 million in offshore bonds

The non-banking finance company will offer a yield of 7.75% to investors, slightly below the initial price guidance at about 7.85%, sources said

The Central Bank tells Par panel that virtual digital assets like cryptocurrency a threat to economy

State-run lenders PNB and Bank of India reported robust credit growth in the June quarter, while ESAF Small Finance Bank and Tamilnad Mercantile Bank also posted strong gains in advances and deposits.

No material change in RBIs NBFC norms; revised directions merely clarify public funds definition

This is to avoid prolonged litigation, uncertainty and associated costs

Domestic deposits up 14.74%, advances rise 16.14% with strong retail growth

Neelkanth Mishra sees services exports growing strongly despite AI shifts in industry structure

Over 900 million tokens in circulation as country enters new phase of trust and security in digital payments

The number of cities covered has grown to 703, up from 167 over the past five years

All claims, causes of action, etc. between them have been resolved without admission of liability or wrongdoing

Although still small by global standards, India's private credit market has significant headroom to grow, supported by expanding financing needs and the country's robust macroeconomic momentum

The ADB bank has approved a loan to establish 500 integrated public school clusters in Karnataka, providing education from pre-primary to secondary levels

LIC, Hindustan Zinc, and several state-controlled banks are among eight companies identified by officials for stake sales in the coming months

The Banks total business reached 3.04 trillion, growing over 20% year-on-year, supported by a 16% increase in deposits and a 25% rise in gross advances

To reassure lenders, the Japanese technology investor is guaranteeing loan repayment, allowing banks to seek recourse from SoftBank if the pledged OpenAI shares lose value

FSR highlighted that India remains exposed to cyber attack risks, with a relatively high volume of cyberattacks

Promoter entities have restructured their outstanding listed NCDs; Ind-Ra places the Banks debt instruments on Rating Watch with Negative Implications

India is home to HSBC's largest Global Service & Technology Centres, with more than 40,000 colleagues supporting the bank's global businesses, customers and operations