The Hindu Businessline

RBI data showed that India's external debt increased by $26.3 billion over its level at the end of March 2025

The company launched the product after research showed 48% of respondents preferred income payouts over lump sums, and 47% favored monthly income

An improvement in the countrys growth outlook is expected to stem the rupees depreciation though gains are expected to be limited by importer dollar demand and potential dollar buying by the RBI to rebuild FX reserves

The appointment confirms market speculation following Sharmas resignation from Axis Bank, announced on June 28, 2026

Public sector banks, small and mid-sized private banks and second-line NBFCs outperformed, while large private sector banks and NBFCs lagged due to concerns related to growth, margins and management issues

The stock remains below its 52-week high of 25.78, hit on June 18, while comfortably above its 52-week low of 17.20 from March 30

PNB MD & CEO Ashok Chandra presented a dividend cheque of 2,416 crore for FY 2025-26 to Finance Minister Nirmala Sitharaman

The enhanced risk cover announced on March 19 was part of the Resilience and Logistics Intervention for Export Facilitation (RELIEF) scheme under the Export Promotion Mission

The bank's previous target of devoting 35% of lending resources to climate-related projects also was dropped, but bank officials have said that demand for projects with climate co-benefits remains strong from client countries.

Singapore, Hong Kong, South Korea, China, Japan, India and Taiwan are attracting roughly half of firms' expansion interest

Sharma will join the lender as CFO-designate from September 1 after more than six years as CFO Axis Bank, from where he resigned on Sunday.

Kumar, who retired as Finance Secretary in February 2020 and later also served as the 25th Chief Election Commissioner of India, is appointed as an Additional Director with effect from June 30, 2026 for 4 years

The plan to raise resources via the senior unsecured notes may be to provide leverage to its NRI customers wanting to place fresh foreign currency non-resident (bank) deposit with the bank at higher interest rates

India needs to move out of its legacy policy frameworks and need bold measures like adopting cross border securitisation transactions

According to word on the street, Sharma and Mantri may join as CFOs of HDFC Bank and Axis Bank, respectively.

For the financial year 2025-26, Canara Bank declared a dividend of 4.2 per share

Banks IBU will enable it to cater to the foreign currency funding requirements of its corporate clients

The bonds will be issued through its London branch as of July 6.

Mandatory KRA integration aims to eliminate repeated KYC, speed up onboarding and build common compliance infrastructure across GIFT IFSC.

Certificates of deposit, which banks use to raise funds for up to one year, have seen rates plunge by up to 60 basis points over the past three weeks

West Bengal, Rajasthan and Madhya Pradesh are the laggards delivering elevated levels of stress for the MFIs, the report said

The $1 billion loan will be for 15 years at an interest rate of under 7%, and the company is talking to the Asian Development Bank for a separate 20-year loan of roughly $400 million

The report states that regulatory changes in 2025 have made the Indian insurance market more attractive to foreign investors

Infrastructure projects, data centres, real estate and large capital expenditure plans also among investment avenues, he said

Stock debuts at 134.90 on NSE and 136.20 on BSE against issue price of 152

HDFC Bank board may back Jagdishans third term, but experts say internal probe cant replace RBIs fit and proper test

The State governmenthas also agreed to offer an additionalplot in the upcoming Future City for a data centre to be set up by the bank

The Board of the bank has at its meeting held today, respected his decision and has initiated the process for the appointment of a new Managing Director & CEO

Deloitte report estimates Indias MSME credit gap at around 25 lakh crore as of March 2025

The session will highlight the expanding financial activities in Indias sole IFSC, covering banking, capital markets, insurance, fund management, and emerging sectors

Three external law firms reviewed board records, meeting minutes, communications and interviews, concluding there was no evidence supporting Chakrabortys resignation concerns or claims

Income generated from other financial activities expanded significantly to fill the remaining 8.76% share, up from a baseline of 0.35% in the prior period

The sharp rise in interest rates on FCNR (B) deposits follows RBIs measures to bolster Dollar inflows, including by bearing the full hedging cost for fresh 35-year FCNR (B) deposits raised up to September-end 2026

The Latest Home Loan Interest Rates: Jun 26, 2026

The Latest Fixed Deposit Interest Rates: Jun 26, 2026

Gyan Mohan noted that microfinance has transformed millions of lives by placing financial opportunity in the hands of those who need it most - particularly women and underserved communities

Ratnam has been associated with Dvara for the past 12 years most recently, as Chief Business Officer of Dvara KGFS

Resident Indian non-retail users can deploy instruments without any restrictions on purpose, while use of the same instruments by non-resident users for hedging purposes are limited

The report suggests that asset quality is not a concern in the near term, with both public and private banks expected to report lower slippages

Tie-up will provide working capital support to authorised dealers of passenger and electric vehicles.

RBI says NBFCs, including mortgage providers, to be allowed to trade in term money markets as borrowers, lenders

The minimum transaction amount through this route will be 10,000

RBI had revised NBFC-upper layer criteria, fixed 1 lakh crore asset threshold

The scheme has generated a return of 17 per cent CAGR since inception, outperforming its benchmark return of 15%

The company's profit after tax stood at 1,910 crore during the reporting year, while assets under management rose to 3.75 lakh crore and embedded value stood at 62,139 crore

Our focus now is not merely on scale, but on sustainable and profitable growth, said George K John, Executive Director, ESAF Small Finance Bank

The cryptocurrency fell through a closely watched support level on Wednesday as investors grappled with growing concerns about Michael Saylors financing machine at Strategy Inc

Any NBFC crossing the 1 lakh crore asset mark is automatically classified as an upper-layer entity, eliminating earlier discretion provided under a parametric scoring system

Tata Sons may be required to go for listing

Banks asked to put in place a mechanism for compensation of up to 25,000 for small value fraudulent e-banking transactions, mandatorily send instant SMS alerts to its customers and provide 24x7 access through various channels for reporting of fraudulent transactions