The Hindu Businessline

Banks required to maintain a Foreign Exchange Risk Reserve in cash with RBI; Central Bank to open a special window to meet the entire daily dollar needs of three public sector oil marketing companies

The Bengaluru-based companys revenue has more than tripled from 213 crore in FY23, translating into a compound annual growth rate of around 46% per cent

Yield rises to 7.31 per cent as traders brace for more RBI liquidity absorption, sticky inflation and a higher rate trajectory

The LIC continued to dominate the market, with its first-year premium increasing 19.3 per cent to 1.44 lakh crore during the six-month period

The banking system liquidity is reeling under liquidity surplus emanating from banks mobilising FCNR(B) deposits aggregating $133 billion between June 8 and August 31

The Latest Fixed Deposit Interest Rates: Oct 09, 2026

The Latest Home Loan Interest Rates: Oct 09, 2026

Robust growth in net interest income and loans portfolio boost profit numbers

Any escalation in geopolitical tensions likely to put pressure on the rupee, says report

On October 7th, when RBIs rate setting panel raised the repo rate, Bajaj Finance increased interest rates on its FDs by 15 to 40 bps across all tenures with immediate effect

RBI received bids worth 18,170 crore against the notified amount of 1.50 lakh crore in its 10-day VRRR auction on Friday

The renewable-energy arm of Aditya Birla Group agreed in July to acquire Solenergi Power, a Shell Plc unit that includes the Sprng Energy group companies, for $1.8 billion

The litigation finance business will operate separately from Krashas digital neo-financing platform, which focuses on asset-backed structured finance transactions

Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol AMC

Trading volume at its September peak was about 345% above early-July levels, while the number of daily futures traders was approximately 279% higher toward the end of the quarter

Punjab National Bank aims to raise at least $500 million through a 5-year bond issue

The proposed overhaul follows rising distribution expenses and comes as the regulator seeks to improve insurance affordability and expand coverage.

Exchange filings detail the fixed pay, performance-linked compensation, stock options and benefits awaiting the incoming head of Indias largest private sector lender

The panel comprises the Indian Banks Association (IBA), the Payments Council of India (PCI), and representatives of banks, payment service providers (PSPs) and various associations

The bond market factoring in nearly 100 basis points of repo rate hikes, including 25 bps delivered

Higher borrowing costs may have limited impact on low-ticket home loans; festive season and government support expected to sustain demand

If credit growth continues at this pace, banks will eventually have to consider increasing deposit rates, says SBI Chairman

Cares overall market share increased by 81 basis points to 3.45 per cent

The bank raised its repo-linked lending rate for the UCO Float variant by 25 basis points to 8.30% from 8.05%, mirroring the RBI's move

GTRI urges review of costs and audits of UPIs finances, warning merchant fees could inflate prices, curb demand, and tilt competition toward card networks

The expansion would broaden CareEdge Ratings international arm, which began its global sovereign ratings in October 2024, covering 39 countries

The industrys performance was supported by strong health insurance growth, while a sharp fall in agriculture premiums restrained overall expansion

The potential postponement could give the payments industry additional time to prepare while avoiding disruption during the busy festive period.

The report expects inflation to peak at around 6.8% in November 2026

The lending-rate increases took effect or will take effect from October 8, while some banks kept MCLR and Base Rate unchanged

Up to three winners will snag grants of up to $40,000 each, with applications due November 20, 2026 and results in February 2027

Malhotra says RBI will soon issue FAQs

Move enables seamless consent-based data sharing, faster credit assessment and consolidated financial views

According to NPCI, there is no impact on small-value UPI transactions up to 2,000

Banks should undertake proper due diligence and use FCNR(B) deposits prudently, says Governor Malhotra

Small EMI increases for individual buyers could become sizeable when financing support is extended across millions of vehicles

About-face: MPC changes stance from neutral to calibrated tightening; market expects another 50 bps hike in FY27

New regulations are aimed at simplification and promoting ease of doing business, sufficient time was given to the members of trade as the guidelines were published in January this year

The surplus systemic liquidity will not last for long, transmission in the deposit rates will also eventually happen: RBI Guv Malhotra

Under the initiative, customers will be able to access and share their financial information across different financial service providers through any NBFC-Account Aggregators (NBFC-AA)

The MPC decided to change the monetary policy stance from neutral to calibrated tightening

A businessline poll of bank economists points to a 25 basis point hike to 5.50 per cent on Wednesday the first increase since February 2023 as firmer inflation, costly crude and a weak rupee end the pause

The MPC's three-day meeting, being held from October 5 to 7, comes after it kept the repo rate unchanged at 5.25 per cent in August and retained a neutral stance

Credit to industry grew marginally, while credit to services decelerated during this period

At the VRRR auction conducted on Tuesday, the RBI received funds deployment offers aggregating to 1,92,357crore from the banking system, against the notified amount of 2.50 lakh crore

The bond market has pencilled in a 25 bps repo rate hike (from 5.25 per cent to 5.50 per cent)

Merchants onboarded cannot pass on MDR charges to customers while accepting payments through UPI. The framework ensures consumers pay only the posted price

The brokerage expects earnings growth across its banking coverage universe to accelerate to 14.9 per cent year-on-year in Q2 FY27

The regulator's proposed rules include linking commission levels to the complexity of products and effort required to sell