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The Hindu Businessline

Personal Finance / The Hindu Businessline

Rupee makes smart gains on decline in oil prices and central bank support

The Indian currency closed 46 paise stronger at 95.23/24 per US dollar

25 May 2026 9:49 pm
25 May 2026 9:17 pm
Pine Labs posts 113 crore profit in FY26

Bets big on AI and global expansion

25 May 2026 8:59 pm
RBI launches Q-SAFE panel to study quantum technology in banking

The panel will evaluate vulnerabilities in current cryptographic systems and recommend a roadmap for adopting quantum-safe security frameworks

25 May 2026 7:36 pm
Lenders lap-up AI to break language barriers, slash lending timelines

FinBox has already deployed its Atlas platform across five financial institutions, with advanced modules for credit appraisal, fraud detection and institutional configuration

25 May 2026 7:33 pm
Elias George, new part-time Chairman of Federal Bank

Elias George was serving as an independent director on the board of the bank since September 5, 2023

25 May 2026 7:20 pm
RBI mandates 3-year cooling-off period for long-serving co-operative bank directors

The amendment aims to prevent directors from bypassing statutory tenure limits through temporary resignations and quick reappointments

25 May 2026 7:07 pm
Indian banks seek hedging cost subsidy from RBI to raise dollar funding, sources say

The central bank met with treasury heads of large banks through last week, ahead of a monetary policy review on June 5, where the suggestions were discussed

25 May 2026 5:09 pm
SIDBI must evolve from lender to 'market maker' and 'risk-sharing' partner: FM Sitharaman

Sitharaman said the Centre reduced central excise duty on petrol and diesel, resulting in a revenue impact of over 1 lakh crore, to reduce logistics costs and shield businesses from rising global crude prices

25 May 2026 3:17 pm
SIDBI partners with RRBs to expand MSME loans in rural India: CMD Manoj Mittal

Mittal said the initiative combines SIDBI's MSME financing expertise and digital capabilities with the grassroots reach of RRBs to strengthen last-mile credit delivery in rural and semi-urban areas

25 May 2026 1:48 pm
Pvt banks likely to outperform govt banks in earnings growth over next 2 years: Report

PSU banks could face additional pressure from wage revision provisions in FY28 along with front-loaded Expected Credit Loss (ECL) provisioning in FY27

25 May 2026 1:45 pm
Q4 Results Today Live: Hitachi Energy, Suzlon Energy, Rail Vikas Nigam, Sundaram Finance, CONCOR, NBCC, Pine Labs, Poly Medicure to announce Q4 results

Q4 Results Today Live: Find all the latest update on the financial results of the companies scheduled to announce, here.

25 May 2026 9:34 am
Insist on Tata Sons time-bound listing: InGovern tells RBI

Says it remains the only CIC that has been non-compliant with the RBI regulations

24 May 2026 7:48 pm
RBI's record dividend may help govt manage rising subsidy burden amid West Asia crisis: Experts

DK Srivastava, Chief Policy Advisor at EY India, said the higher surplus transfer could help the government partly manage rising subsidy expenses

23 May 2026 4:39 pm
Intermediary commissions take toll on insurance cos profit: Praxis study

Indias top insurers run combined ratios of 110113%, spending more than they earn on every policy while their global D2C counterparts operate profitably at 8489%

23 May 2026 1:33 pm
Emirates NBD to launch open offer for 26% stake in RBL Bank from June 1

The offer will open on June 1 and close on June 12.

23 May 2026 1:18 am
RBI approves ICICI Bank CEO Sandeep Bakhshi reappointment for two more years

Bakhshi, who has led the bank since 2018, was earlier approved by the banks board subject to RBI clearance

23 May 2026 1:11 am
SBI union defers nationwide strike planned for May 25 and 26

SBI assured its customers that all regular banking services would function without disruption.

23 May 2026 12:24 am
Net FDI rises in FY26 on higher gross inflows; portfolio investment flows weaken

Outward direct investments by Indian companies rose to $33.3 billion from $28.2 billion in FY25.

22 May 2026 10:08 pm
Global uncertainty slows overseas remittances under LRS in FY26: RBI bulletin

According to RBI data, total outward remittances under LRS fell by 2% year-on-year to $28.9 billion in FY26, down from $29.6 billion in FY25

22 May 2026 10:07 pm
RBI slaps 10.10 lakh penalty on City Union Bank, 2 more entities

City Union Bank was fined as it levied loan-related charges on certain agriculture advances qualifying as priority sector loans and for withholding data from credit information companies

22 May 2026 8:19 pm
The Latest Fixed Deposit Interest Rates: May 22, 2026

The Latest Fixed Deposit Interest Rates: May 22, 2026

22 May 2026 7:00 pm
The Latest Home Loan Interest Rates: May 22, 2026

The Latest Home Loan Interest Rates: May 22, 2026

22 May 2026 7:00 pm
Repco Home Finance Q4 net profit rises to 129 crore driven by disbursements

Net interest income grew 16 per cent y-o-y to 207 crore

22 May 2026 6:29 pm
SBI advises customers to use alternative mediums to transact after staff's strike call

SBI has requested its over 52 crore customers to use automated teller machines, customer service points, and prefer online banking services like YONO and UPI by the lender

22 May 2026 4:58 pm
Institutional buyers over-subscribe Central Bank of India OFS by 2 times; put in 2,380 cr bids

Till the close of trading hours on Friday, institutional investors put in bids for over 76.86 crore shares, which is about 2.36 times of the 32.58 crore shares on offer.

22 May 2026 4:38 pm
RBI approves record 2.87 lakh crore surplus transfer to government

The RBIs Central Board, chaired by Governor Sanjay Malhotra, made the decision during its 623rd meeting in Mumbai

22 May 2026 4:25 pm
Muthoot Mcred posts 88% rise in PAT in FY26

Net profit for the quarter stood at 62.97 crore as against 19.52 crore in the corresponding quarter of the previous financial year

22 May 2026 4:10 pm
RBI injects 81,590 cr transient liquidity into banking system via 3-day VRR auction

RBI said the funds were infused at a 5.26 per cent cut-off rate

22 May 2026 3:12 pm
RBI announces underwriting auction results for three government securities

Primary dealers underwrite 21,000 crore through additional competitive underwriting on May 22, 2026

22 May 2026 2:27 pm
Aditya Birla Capital plans to use 3,500 cr to drive business growth

The company will seek shareholders' approval for the fundraise at its extraordinary general meeting scheduled on June 12, 2026

22 May 2026 2:00 pm
Mufin Green Finance shares rise on strong FY26 results; AUM nearly doubles

At 11.59 AM, the stock was at 122.75, up 0.71% from its previous close of 121.89, with buy orders dominating at 70.41% of total quantity traded

22 May 2026 12:29 pm
RBI intervened to shore up rupee, traders say

The rupee jumped following the intervention, rising to a peak of 95.99 per US dollar, up from its intra-day low of 96.30 hit in early trading

22 May 2026 10:38 am
Govt to off load up to 8% in Central Bank; bid for non-retail begins today

Stock falls over 5% after OFS announcement at discount to market price; Government may raise over 2,244 crore at floor price of 31 per share

22 May 2026 10:33 am
Fino Payments Bank CEO Rishi Gupta seeks early retirement

To ensure leadership continuity, the company extended Ketan Merchants term as interim MD and CEO for up to three months from May 27, subject to RBI approval

22 May 2026 7:14 am
Panagariya urges RBI to ignore 100/$ psychological barrier, let rupee adjust naturally

He also cautioned against costly foreign borrowing and NRI deposit schemes to boost reserves.

21 May 2026 10:47 pm
LIC Q4 net up 23% on higher premium income, declares 1:1 bonus

Insurance behemoth to pay pre-bonus dividend of 10 per share

21 May 2026 8:31 pm
Reserve Bank rate hikes to start in June: Standard Chartered

Rising global yields and rate hikes from other Asian central banks could also lead to higher policy rates, StanCharts India economists Anubhuti Sahay and Saurav Anand said in a note

21 May 2026 7:15 pm
Alpha AMC targets 1,000-cr corpus for VentureX SME Fund

The fund crossed total commitments of 223 crore as of April 30, 2026

21 May 2026 5:17 pm
PFRDA sets up panel to look at induction of more asset classes for better returns

The total number of subscribers under NPS at the end of FY26 stood at 2.17 crore, with a total corpus of 15.95 lakh crore

21 May 2026 4:55 pm
SEBI sends show-cause notices to Capital Group entities in front-running case

Probe tied to 2025 front-running case involving Ketan Parekh and Rohit Salgaocar

21 May 2026 2:59 pm
Banks cannot disable mobile phones of defaulting borrowers: RBI proposal

A bank will, however, be allowed to restrict or disable functionalities of a defaulting borrowers mobile device, provided the device is financed by the lender

21 May 2026 2:01 pm
Solfin raises 280 crore, turns profitable in first year of operations

The fresh capital will be directed towards AI-driven credit underwriting, portfolio monitoring, geographic expansion into underpenetrated states and new green-financing products

21 May 2026 1:05 pm
LIC shares tick up ahead of Q4FY26 results; analyst urges caution

The stocks total market capitalisation stands at 5,11,692 crore

21 May 2026 12:33 pm
Tata AIA launches dividend-focused pension fund with NFO window open till May 27

The fund tracks the BSE 500 Dividend Leaders 50 Index and invests in 50 companies with a track record of regular dividend payouts

21 May 2026 12:22 pm
Stay fit, pay less: Over 2 lakh Aditya Birla Health customers earned premium refunds in FY26

Nearly 2.03 lakh customers earned between 6-100% of their premiums back in FY26, accounting for nearly 11% of eligible customers, says Mayank Bathwal, CEO, Aditya Birla Health Insurance

21 May 2026 12:05 pm
Rupee shock may slow India: Kearney sees 1-1.5 percentage point West Asia hit on GDP

Despite West Asia crisis potential hit on Even as West Asia crisis could shave 11.5 percentage points off Indias GDP growth over the next 6-9 months, global consulting firm Kearney dismissed fears of rupee breaching the 100-per-dollar mark and slide to 130140. Speaking to businessline during Kearneys 100 Years of Impact celebrations, the firms top global leadership said Indias next growth cycle driven by investments in green energy, electronics manufacturing, data centres and infrastructurewill

21 May 2026 11:12 am
RBI revives aggressive pre-market intervention to arrest rupees slide

RBIs pre-open intervention mirrored past episodes where it has acted aggressively to break a negative feedback loop of persistent depreciation and mounting pressure on the rupee

21 May 2026 10:48 am