Banking News

Bonds rise 2 basis points as Brent cools, traders eye RBI action

The benchmark 10-year bond yield fell to 6.65% from 6.67 % in the previous session

Rupee falls 13 paise to 91.94 against the dollar, all eyes on crude prices

In the previous session, the rupee again slipped below the 92 mark before making a recovery, probably on the intervention of the RBI

West Asia tensions unlikely to directly hit banks, but higher energy costs pose risks: Moody’s

Banking sector outlook remains stable with benign asset quality and credit growth seen in low–mid teens for FY26–27, according to Moody’s

Bonds slip 3 bps as crude cools after, traders cautious

The benchmark 10-year bond yield was trading at 6.68 percent on March 10 after US President Donald Trump indicated that the Iran war would be over soon

Indian rupee recovers 40 paise to Rs 91.93 as Trump comments calm oil market

The local currency had hit a record low of Rs 92.35 in the previous trading session

Why RBI’s draft rules on limited customer liability in digital banking transactions matter

The proposal introduces partial compensation for smaller digital frauds

Private life insurers clock strong February growth; Axis Max Life, Canara HSBC lead

Among listed insurers, performance was mixed but largely positive on the APE front

Why India is seeking US clarity on insurance cover for ships passing through the Strait of Hormuz

The discussions come amid fears that the withdrawal of war-risk insurance and rising maritime security risks could disrupt crude oil shipments to India, which relies heavily on supplies from the Gulf.

Rupee closes at a new low of 92.34 on crude surge worries

The rupee can fall to 93 if the Brent continues to rise, analysts said

Outlook for interest rates remains tilted for prolonged pause: DBS Senior Economist Radhika Rao

In an email interview with Moneycontrol, DBS’ Rao warned of an upside to inflationary pressures in the coming months, should oil prices remain elevated at more than $70 per barrel for a sustained period of time.

Bond yield up 7 bps; crude blows past $100 on worsening Iran war

The benchmark 10-year bond yield was trading at 6.7518 percent on March 9

Rupee plunges 47 paise to Rs 92.21 against dollar as oil crosses $100

The currency was hovering close to the record low of Rs 92.31, which it touched last week, as world stares at an oil shock

Banking Central | RBI’s digital transactions draft offers fraud protection to customers, shifts onus on lenders

The most important feature of the draft is the introduction of a compensation mechanism for small-value digital frauds, which account for the largest share of such unauthorised transactions

RBI fires $12 billion defence as Middle East war sends rupee to record low

The RBI’s heavy intervention comes against the backdrop of India’s foreign-exchange reserves, which at over $723 billion, are among the largest in the world.

IRDAI’s zero-tolerance fraud push forces insurers to invest in AI-led monitoring before April 2026

With the April 2026 deadline approaching, insurers are expected to accelerate investments in digital fraud detection systems and cross-industry data sharing platforms as the sector transitions towards real-time fraud governance

Insurers, IRDAI hunt for actuaries as Ind AS rollout nears

While the reform aims to improve transparency and global comparability of financial statements, it also requires deep integration of actuarial modelling with finance and accounting functions, a capability that remains scarce in India’s insurance sector

Bonds yields hold near 6-week low, US-Iran war, crude in focus

The benchmark 10-year bond yield was trading at 6.6462 percent on March 6

Rupee opens 5 paise lower at Rs 91.65 against dollar, oil continues to rise on worsening US-Iran war

The local currency declined marginally on March 6, after rallying more than 50 paise in the previous session

Volatile rupee shifts spotlight on banking system liquidity

The rupee sank to new intraday low of Rs 92.30 on March 4 on rising crude prices and growing concerns around widening West Asia conflict

Bonds steady, traders track US-Iran war for cues

The benchmark 10-year bond yield was trading at 6.6704% against the previous close of 6.6732%, stabilising after a volatile session on March 4

Rupee recovers 50 paise to dollar at Rs 91.57, crude in focus as US-Iran war intensifies

The Reserve Bank of India likely intervened in the spot and NDF markets to arrest further fall in rupee, traders say

Central Bank of India receives CCI nod for increased stakes in Generali Insurance companies

The uniform 26 percent shareholding in both companies will provide the bank with enhanced influence in the strategic direction of these insurance entities while maintaining compliance with regulatory ownership limits, according to the filing

Indian rupee’s record low sparks fears of more downward bias, to test Rs 93 level soon, say analysts

The local currency lost nearly 70 paise on March 4 in one of the largest single-day drops in recent months

India was DBS’ fastest growing sustainable finance market in 2025: DBS Bank’s Head of Sustainable Finance

When it comes to sustainable finance, the Singapore-headquartered bank is the first port of call for many corporates across the globe, says Shilpa Gulrajani

Indian bonds fall 5 bps on raging conflict in the Middle East

The benchmark 10-year bond yield was trading at 6.7238 percent on March 4

Piramal Finance and IIFL in exploratory talks for an MFI deal: Sources

EY is said to be conducting a due diligence on IIFL Samasta Finance. IIFL Capital and DAM Capital have been appointed as bankers to the deal.

Indian rupee breaches Rs 92 per dollar to hit record low amid Middle East tensions

The local currency was down more than 60 paise on March 4

Chart of the Day | Credit card euphoria fades -- growth slows to a crawl

It appears that unsecured retail lending is no longer running ahead of the system

Can the Middle-East war undo MPC’s hard-won inflation gains?

With the Strait of Hormuz shut and war continuing, the oil shock is no longer just a tail risk for India’s monetary policy

US-Iran conflict: Travel insurance under pressure as over 3,000 flights cancelled

Passengers stranded in transit cities are facing rising accommodation costs and limited onward connectivity options

Iran-US Conflict: Reinsurers assessing tightening of war-risk cover, India's foreign P&I reliance in focus

As war-risk exposures rise across West Asian shipping corridors, reinsurers and global P&I pools are likely reassessing coverage in high-risk regions. For Indian insurers and shipowners, this shift is significant

Hormuz transit costs may rise up to 50% as war-risk premiums spike, $14-bn oil bill exposure for India

Industry estimates cited by the Financial Times indicate that war-risk premiums, which had been around 0.25 percent of a vessel’s value, could increase by up to 50 percent as insurers reassess exposure in the Gulf region

Indian bonds bear brunt of elevated Brent crude prices, traders say volatility for short term

The benchmark 10-year bond yield rose to 6.7042 percent earlier in the day

Rupee’s fall below the Rs 91 per dollar mark sheds light on RBI’s forex reserves

The US-Israeli strikes on Iran and the latter’s retaliation are rattling global crude markets and emerging economies

Indian bonds fall 2 bps due to geopolitical tensions in West Asia

The benchmark 10-year bond yield rose to 6.6833%, as compared to 6.6601% in the previous trading session. Bond yield and prices move inversely

Rupee sinks 20 paise to 91.25 against the dollar as Iran war fuels crude surge

The rupee breaches the 91 dollar mark after crude surged above $76 a barrel. Experts say a move towards 91.80–92 is highly likely

Banking Central | Digital banking frauds are rising. How do we stem the tide?

Everyone from senior citizens to well-educated youth are losing money. What is missing here?

Initial GST probe findings in Fino Payments Bank case point to shell network in illegal gaming: Sources

Sources say DGGI investigation indicates multi-crore evasion involving shell entities and payment aggregators; CEO Rishi Gupta arrested earlier under GST provisions

FM to examine concerns after Pai questions GST action against Fino Payments Bank CEO

Mohandas Pai calls arrest of Fino Payments Bank MD ‘overreach’, seeks safeguards against misuse of GST powers

Fino Payments Bank MD & CEO Rishi Gupta arrested under GST acts; CFO takes interim charge

Fino Payments Bank said that following Gupta’s arrest, Chief Financial Officer Ketan Merchant has been appointed as the Head of the Organisation

Indian bonds open 1 bps lower, traders eye Rs 32,000 crore bond auction

The benchmark 10-year bond yield rose to 6.7062 per cent

Indian rupee opens 5 paise lower at 90.96, likely RBI action eyed

The local currency has moved in a narrow range throughout the week

Rs 590 crore fraud at IDFC First Bank brings govt-banking partnerships into focus

The recent IDFC First Bank fiasco is not the first instance where the relationship between government departments and private banks has soured 

Indian bonds edge up 1 bps after strong state debt auction boosts sentiment

The benchmark 10-year bond yield fell to 6.6684 percent

BofA’s vision for India aligned with global priorities: Vikram Sahu, India CEO, Bank of America

Where our differentiation becomes most visible is when clients go beyond a single market. Competing with major domestic banks purely for local business is not our model: BofA India CEO

Rupee gains 11 paise to 90.84 in early trade on softer dollar

RBI action was likely seen to prevent the rupee from falling beyond Rs 91 per dollar

Bond yields ease as higher-than-expected state bond demand boosts sentiment

The benchmark 10-year bond yield was trading at 6.67 percent against previous day’s 6.68 percent

Data Story: Why banks are back as main funding source for firms

NBFCs have lost a big chunk of their share in funding because of higher borrowing costs for themselves.

Rupee almost unchanged at 90.94 against the dollar, likely RBI action eyed

Traders expect the rupee to continue to move in a range-bound manner

India needs more actuaries as it moves to risk-based capital, IFRS convergence, says Irdai chairman Ajay Seth

The shortage of actuarial talent poses a challenge as India strengthens its financial protection architecture and aligns with global regulatory and accounting frameworks, Seth has said