BUSINESS
Canara Bank lines up two more legacy accounts for NARCL transfer, valuation talks ongoing, says Canara Bank’s Hardeep Ahluwalia
We have Rs 20,000 crore of corporate sanctions under discussion, which should translate into disbursements. While remaining conscious on pricing, we see good momentum on the corporate front as well, Ahluwalia said.
BUSINESS
MPC Poll | RBI likely to hold rates today, focus shifts to liquidity management, transmission
The February policy is expected maintain the repo rate at 5.25% as the RBI shifts focus from rate cuts to liquidity infusion, experts say.
BUSINESS
BoB comfortable with gold loan growth despite record prices: CEO Debadatta Chand
The bank has set a principal recovery target of Rs 10,000 crore for the full year. Additionally, recoveries routed through income typically contribute Rs 700–750 crore per quarter. Q3 recoveries stood at Rs 812 crore, and a similar run-rate is expected in Q4, Chand said.
BUSINESS
Rupee has room to appreciate, RBI unlikely to intervene, says Bank of America’s Vikas Jain
February and March are usually positive months for FPIs. Current account is also expected to be positive, which should support the rupee, Jain tells Moneycontrol
BUSINESS
Rupee’s over 1% intraday rally: A move seen just 10 times since 2014
Historically, the rupee’s biggest intraday appreciation was recorded on December 18, 2018, when it surged 1.62 percent, followed by a 1.51 percent jump on November 11, 2022, according to the Bloomberg data.
BUSINESS
Rupee gains give RBI window to top up FX reserves but big build-up unlikely, says Shinhan Bank’s Kunal Sodhani
March typically sees higher rupee demand due to corporate book closing, which provides support to the rupee but that is just one part of the story, global cues also matter, Sodhani tells Moneycontrol
BUSINESS
Knee-jerk rally in rupee expected, FPI flows to decide next move, says ANZ Research's Dhiraj Nim
The rupee’s depreciation mirrored India’s financial account challenges, particularly equity outflows, which are the result of a combination of factors such as US tariffs, corporate earnings, nominal GDP stress and more, Nim tells Moneycontrol
BUSINESS
Decoding India’s Atmanirbar bond market
Indian bonds seemed to shrug off any positive rub offs from India-US tariff deal, signalling that the domestic cues are more concerning rather than global developments.
BUSINESS
INR poised to rebound below 90/USD as Trump cuts reciprocal tariffs on India
The rupee gained 48 paise on February 2 -- the highest level since December 19, 2025 -- when it appreciated 60 paise in a single day. In percentage terms, it is up 0.52 percent, compared to previous close.
BUSINESS
RBI may maintain status quo in February policy, liquidity measures to be in focus
The current estimate on the rate action is in line with the Moneycontrol’s poll conducted before the Union Budget 2026, wherein a majority of economists, treasury heads and market participants said the central bank may maintain status quo on rates. The MPC is to meet from February 4 and February 6 for its bi-monthly policy review.
BUSINESS
RBI intervention helps rupee to post biggest single-day gain in over six weeks
The rupee gained 42 paise on February 2 -- the highest level since December 19, 2025 -- when it appreciated 60 paise in a single day. In percentage terms, the local currency is up 0.42%, compared to the previous close.
BUSINESS
Indian bond yield ends over 1-year high after government announces higher gross borrowing
The Union Budget pegged gross market borrowings at Rs 17.2 lakh crore for FY27, a 16 percent increase over the current year’s budget estimate, while net market borrowing was set at Rs 11.7 lakh crore to finance a fiscal deficit of 4.3 percent of GDP.
BUDGET
Higher FY27 borrowing to keep bond yields under pressure; RBI support crucial
Bond market participants feel that the headline fiscal numbers were largely reassuring, but the elevated gross supply of dated securities could weigh on yields until clarity emerges on demand conditions making support from Reserve Bank of India very critical to determine the trajectory hereon.
BUSINESS
Government garner just 26% divestment proceeds so far in FY26 of revised budget estimates
In Union Budget 2026, the government had set disinvestment target of Rs 80,000 crore under miscellaneous capital receipts for FY27 which includes sale of shares in PSUs as well as asset monetisations.
BUSINESS
Understand the math behind government's FY27 borrowing numbers
The Centre has pegged net market borrowing at Rs 11.7 lakh crore for FY27, around Rs 50,000 crore higher than FY26, reflecting a calibrated increase to support higher capital spending. Gross market borrowing, however, has been set at Rs 17.2 lakh crore, a sharp jump from the current year. This increase is largely explained by the maturity profile of government securities, with redemptions in FY27 estimated at Rs 5.47 lakh crore.
BUSINESS
Is a high-level committee to review the banking sector an indication for PSU mergers?
Nifty PSU Bank Index tanks more than 4% following announcement of comprehensive review of banking sector
BUSINESS
Budget 2026| Govt budgets dividend at Rs 3.16 lakh crore from RBI and state-run banks in FY27
According to a Moneycontrol poll of economists, treasury heads, and market participants showed that government is expected to budget Rs 2-3 lakh crore as dividend income from the Reserve Bank of India (RBI) and public sector banks (PSBs) in the Union Budget 2026, higher than the Rs 2.56 lakh crore estimated in the previous budget.
BUSINESS
Union Budget: Government proposes market-marking framework, Total Return Swaps on corporate bonds
On January 29, Economic Survey had said that India’s corporate bond market, despite incremental reforms, remains shallow and underdeveloped compared with global peers, limiting its ability to channel long-term capital efficiently.
BUSINESS
Budget 2026| Centre peg gross borrowing via bonds at Rs 17.2 lakh crore for FY27
Government borrowings are among the most important determinants of interest rates in the economy. Higher-than-expected borrowings can push up rates for all bond issuers — sovereign and corporate — while interest rates can decline if it tightens its belt and borrows less than anticipated.
BUSINESS
India Budget: FM proposes Rs 100 cr incentive for single bond issuance of more than Rs 100 crore
On January 29, Economic Survey had said that Municipal green bonds have the potential to mobilise between $2.5-6.9 billion for local bodies driven climate action over the next 5-10 years, according to the Economic Survey tabled by finance minister Nirmala Sitharaman on January 29.
BUSINESS
Budget 2026: FM proposes steps for MSMEs, including one to ensure easier credit access for MSMEs
While announcing budget, Sitharaman said that the government proposed to introduce Rs 10,000 crore SME growth fund, and top up self-reliant India fund with Rs 2,000 crore, and providing liquidity support.
BUSINESS
Budget 2026: SBI Chairman CS Setty expects level playing field for savings instruments, says equity markets more mature now
On January 31, SBI announced the launch of ‘CHAKRA’ – Centre of Excellence (CoE) for financing sunrise sectors that are critical to India’s economic transformation.
BUSINESS
Are global headwinds overshadowing strong domestic fundamentals for rupee?
According to Bloomberg data, the domestic currency is down by 2.22%, so far in January. Thus far in the current financial year, the local unit is down by 7.02%
BUSINESS
Economic Survey: NPA recovery rate in banks doubles in FY25
Banks’ profit after tax increased by 16.9 per cent (YoY) in FY25 and by 3.8 per cent (YoY) by September 2025.
