Indian Banks Eye $6B Foreign Capital via NRI Deposits
Bank of Baroda and Bank of India aim to raise over $6 billion in foreign capital, tapping into NRI funds with RBI’s support through dollar swaps and FCNR(B) deposits.
RBI Intervenes to Stabilize Rupee Against Dollar
The Reserve Bank of India intervened to prevent a record low for the rupee, using dollar sales and benefiting from foreign investor inflows to stabilize the currency.
Warburg Pincus Exits IndiaFirst Life; BNP Paribas Cardif Returns
Warburg Pincus sells 26% stake in IndiaFirst Life to BNP Paribas Cardif, marking the French insurer’s strategic return to the Indian market.
GATX Corp Stock Surges on Strong Q1 2026 Financials
GATX Corporation stock climbs 1.25% to $184.63, fueled by impressive Q1 2026 results, significant revenue growth, and strong institutional confidence.
PNB Q1 FY27: Profit Surges 35.7% on Strong Operating Performance
Punjab National Bank (PNB) reports a stellar Q1 FY27 with net profit at ₹5,253 crore, driven by a 35.7% surge in operating profit and improved asset quality.
SFBs Offer Up to 8.1% FD Rates, Beat Traditional Banks
Discover how Small Finance Banks are offering attractive Fixed Deposit rates up to 8.1%, significantly outperforming traditional banks. Secure your savings!
Indian Banks: Profit Squeeze Amidst 18% Credit Growth
Despite robust 18% credit growth, Indian banks face profit squeeze due to high funding costs and slow low-cost deposit growth. Learn more.
Indian AMCs Profit Boosted by Investments, Not Core Business
Indian AMCs saw Q2 profit surge from market gains on investments, not core fund management. Explore the impact on operational performance.
India Launches CKYC 2.0 in August for Easier Financial Access
India’s CKYC 2.0 launches in August, streamlining financial services for banks & insurers. Aims to boost market participation and reduce fraud with a central, verified customer registry.
RBI Steps In: Rupee Stabilizes Amidst Oil Price Surge
The Reserve Bank of India intervened to shield the rupee from record lows, countering pressure from surging oil prices and corporate hedging.
Acutaas Chemicals Soars 70% Profit; Indian Markets Recover Midday
Indian markets rebound midday driven by FMCG & Banking. Acutaas Chemicals reports a stellar 70% Q1 profit surge to Rs 758.96 million. Explore market movements.
India’s CKYC 2.0: Unified Financial ID System Launching August
India launches CKYC 2.0 in August, a unified financial ID for banks & insurers. Simplify access, enhance security, and prevent fraud with this new system.
Suryoday SFB Profit Surges 2X; ACME Solar Expands BESS Capacity
Suryoday Small Finance Bank’s Q1FY27 net profit more than doubled to Rs 75.18 crore. ACME Solar commissions 2.29 GWh BESS capacity, boosting India’s energy storage sector.
Recover Forgotten Funds: RBI & SEBI Portals in India
Learn how to reclaim unclaimed bank deposits, mutual funds, and shares in India using official RBI and SEBI portals like UDGAM. Don’t let your money go unclaimed!
Nifty Extends Losses: Indian Markets Dip Amid Geopolitical Tensions
Indian equity markets fell for the fourth day as Nifty 50 dropped 127 points. Ujjivan and Suryoday Small Finance Banks flagged amid market caution.
BIS Warns: Debt-Fueled AI Investments Risk Market Instability
The Bank for International Settlements (BIS) flags risks in AI investments driven by debt, warning of potential market instability and capital outflows, especially for emerging economies.
RBI Auctions Rs 28,000 Cr Govt Securities July 24
RBI announces Rs 28,000 crore government securities underwriting auction for July 24, 2026. Primary Dealers must participate via ACU mechanism.
SBI Banking PSU Fund Leads Monthly Returns: A Deep Dive
SBI Banking & PSU Debt Fund leads monthly returns with 0.7%. Analyze performance, risks, and compare with Kotak & Axis funds for informed investment decisions.
Indian Households Shift Savings from Banks to Markets Post-COVID
ASSOCHAM report: Indian households are moving savings from bank deposits to market-linked investments post-COVID-19, indicating a significant shift in financial habits.
Vishal Mega Mart Profit Jumps 25%, Bajaj & HDB Raise Capital
Vishal Mega Mart’s Q1FY27 net profit surged 25.57% to Rs 258.77 crore. Bajaj Finance & HDB Financial Services secure significant NCD funding.
Oracle Financial Services Profit Soars, Regency Fincorp Raises ₹40 Cr
Oracle Financial Services Software reports a massive profit surge to ₹1,415.50 Cr in Q1FY27. Regency Fincorp secures ₹40 Cr via NCDs.
India’s CBDT Form 168: New Foreign Asset Tracking
India’s CBDT introduces Form 168, an enhanced Annual Information Statement (AIS) to track foreign bank accounts, investments, and income, boosting financial transparency.
India’s FDI Soars to $6.5B in April-May 2026
India’s net FDI nearly triples to $6.5 billion in April-May 2026, signaling strong global confidence amidst market volatility. RBI reports significant growth.
RBI: Enhanced Liquidity Drives Strong Credit Growth in India
RBI reports improved liquidity is fueling robust credit growth in India, demonstrating economic resilience amidst global shifts. Learn more.
ServiceNow Invests $40M in Indian Firm BusinessNext, Valued at $700M
ServiceNow Ventures invests $40M for a 5% stake in Indian fintech BusinessNext, valuing the autonomous banking solutions provider at $700M.
Indian Banks Partner with 25 OEMs to Fight AI Cyber Threats
Indian banks are bolstering cybersecurity by partnering with 25 OEMs to combat AI-driven cyber threats, following RBI directives for enhanced financial stability.
Foreign Banks Excel in RBI Rate Cut Transmission: RBI Bulletin
RBI bulletin reveals foreign banks led policy rate cut transmission from Feb 2025-May 2026, cutting lending and deposit rates more effectively than domestic peers.
SBI Mutual Fund IPO: SEBI Approves Rs 13,000 Cr Offer
SBI Mutual Fund, India’s largest, gets SEBI nod for a Rs 13,000 crore IPO. The offer is entirely an OFS by promoters State Bank of India and Amundi.
MDR on UPI: Critics Fear Toll on India’s Digital Payments
Critics warn that reintroducing Merchant Discount Rate (MDR) on UPI transactions above ₹2,000 could undermine India’s zero-cost digital payment foundation, impacting ease of business.
InMobi Eyes $1 Billion IPO, Appoints Four Investment Banks
Adtech giant InMobi is preparing for a potential $1 billion IPO in India, appointing JPMorgan Chase, Jefferies, Kotak Mahindra Capital, and Axis Capital to manage the offering.