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Budget Express 2026

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Dinesh Unnikrishnan

Editor-Banking & Finance

Moneycontrol

Editor-Banking & Finance at Moneycontrol. Dinesh heads the Banking and Finance Bureau at Moneycontrol. He also writes a weekly column, Banking Central, every Monday.

Banking Central | RBI pause is less about inflation and more about trust in the cycle

BUSINESS

Banking Central | RBI pause is less about inflation and more about trust in the cycle

The message from the central bank is clear — the quality of growth matters as much as the pace

Quick Take | RBI Governor's steady hand puts credibility over celebration

BUSINESS

Quick Take | RBI Governor's steady hand puts credibility over celebration

By holding the repo rate at 5.25 per cent and sticking to a neutral stance, the central bank is signalling that low inflation is an achievement to be protected, not a cue for haste.

Moneycontrol Pro Panorama | An MPC meeting where doing nothing may be the smartest call

BUSINESS

Moneycontrol Pro Panorama | An MPC meeting where doing nothing may be the smartest call

In today’s edition of Pro Panorama: Stars aligning for MPC, Q3 heats up for NTPC, a stock with growth fizz, US deal tests market rally, rupee’s next port of call and much more

Chart of the Day | After the rebound, what will drive rupee’s next move?

BUSINESS

Chart of the Day | After the rebound, what will drive rupee’s next move?

The India–US trade deal has taken pressure off the currency. The real question is whether flows and fundamentals can do the rest.

Credit finds its feet even as rates stay firm

BUSINESS

Credit finds its feet even as rates stay firm

RBI’s latest sector-wise credit data shows demand is broad-based and resilient, but the message to Mint Road is clear: this is growth that still needs watching, not cheering.

Banking Central | How Budget’s banking agenda can reshape credit, institutions and markets

BUSINESS

Banking Central | How Budget’s banking agenda can reshape credit, institutions and markets

For the banking sector, Budget 2026 is not about short-term giveaways. It lays the ground for institutional strength, greater inclusivity and the foundation of a more resilient and market-oriented financial system

What Union Budget 2026 signals for Indian banking

BUDGET

What Union Budget 2026 signals for Indian banking

The Finance Minister’s announcement of a banking panel suggests a shift — from fixing bank balance sheets to questioning what banks are meant to do next

Financial regulation needs a different approach, says Economic Survey

BUSINESS

Financial regulation needs a different approach, says Economic Survey

The Survey makes a quiet case for regulating financial activity, not financial labels.

What will India’s inflation trajectory look like, going forward? Economic Survey dives in

BUSINESS

What will India’s inflation trajectory look like, going forward? Economic Survey dives in

The Survey expects inflation to rise over the next two years. That may be less a warning signal and more a return to balance.

Moneycontrol Pro Panorama | Have Trump’s tariff tantrums fast-tracked India’s European moment?

BUSINESS

Moneycontrol Pro Panorama | Have Trump’s tariff tantrums fast-tracked India’s European moment?

For this Moneycontrol Pro Panorama edition: America’s protectionism has unintentionally pushed the world closer. The India-EU trade deal is a case in point—but the fine print will decide whether it delivers

Budget Snapshot | Why time is now the biggest creditor risk

BUSINESS

Budget Snapshot | Why time is now the biggest creditor risk

As Parliament readies a revamped insolvency law, the Budget must address the system’s slow bleed and unlock growth trapped in delay

RBI’s state finance report flags a problem politicians don’t want to name

BUSINESS

RBI’s state finance report flags a problem politicians don’t want to name

India’s states are no longer on the same demographic clock — and that is quietly reshaping their fiscal future.

Moneycontrol Pro Panorama | India’s EU moment: Why the ‘mother of all deals’ is less about tariffs and more about leverage

BUSINESS

Moneycontrol Pro Panorama | India’s EU moment: Why the ‘mother of all deals’ is less about tariffs and more about leverage

In this Moneycontrol Pro Panorama edition: After 18 years of on-and-off negotiations, the India–EU free trade agreement is landing in a far harsher world. For India, this is not a victory lap. It is a test of intent.

Budget Snapshot | What bank credit data for small firms tell us

BUSINESS

Budget Snapshot | What bank credit data for small firms tell us

After a strong year of expansion, the shape of lending to small businesses is changing and that matters for Budget 2026

What the latest banking results tell us

BUSINESS

What the latest banking results tell us

The latest numbers show strength at the top, hesitant recovery below, and a system that is safer but far from balanced

Banking Central | Has bank recapitalisation run its course?

BUSINESS

Banking Central | Has bank recapitalisation run its course?

After a decade of state support, Budget 2026 must decide whether PSBs still need the taxpayer’s shoulder

Moneycontrol Pro Panorama | What the World Bank’s upgrade really means for India

BUSINESS

Moneycontrol Pro Panorama | What the World Bank’s upgrade really means for India

In this Moneycontrol Pro Panorama edition: A sturdier global economy buys India time, not complacency.

Budget Snapshot: Why India’s Budget is paying more for the past than the future

BUSINESS

Budget Snapshot: Why India’s Budget is paying more for the past than the future

Official budget documents and parliamentary analyses show that interest outgo has become one of the largest and least flexible components of central government expenditure

A quiet inflation print, and loud signals for policy

BUSINESS

A quiet inflation print, and loud signals for policy

December’s CPI number gives both the RBI and the government something they have lacked for years--policy space

What Budget 2026 should — and should not — do for India’s banks

BUSINESS

What Budget 2026 should — and should not — do for India’s banks

With balance sheets finally clean, the banking system doesn’t need a rescue act. It needs restraint, clarity and one hard look at deposits

Banking Central | Why small savings rates are holding back India’s banks

BUSINESS

Banking Central | Why small savings rates are holding back India’s banks

Indian banks have moved past the era of stress. Their main challenge today isn’t lending—it’s mobilising deposits in a system distorted by small savings schemes.

Moneycontrol Pro Panorama | What does Trump’s wordplay mean for India?

BUSINESS

Moneycontrol Pro Panorama | What does Trump’s wordplay mean for India?

For Moneycontrol Pro Panorama edition: Washington’s tariff threat over Russian oil is less about geopolitics and more about leverage

Budget Snapshot | India’s banks look healthy, but the real risk lies beneath the balance sheet

BUSINESS

Budget Snapshot | India’s banks look healthy, but the real risk lies beneath the balance sheet

Strong capital, low NPAs and rising profits mask a quieter shift in how Indian banks fund growth and earn returns

Banks struggle to attract deposits as government keeps small savings rates high

BUSINESS

Banks struggle to attract deposits as government keeps small savings rates high

For the eighth consecutive quarter, interest rates on popular small savings instruments have been left untouched. With small savings rates frozen and liquidity staying tight, India’s banks are boxed in even as the RBI eases policy

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