co-presented by
co-presented by
In recent months, multiple urban bodies, including tier-II cities, have successfully closed bond issuances for infrastructure projects like water supply augmentation, sewage treatment, and urban transport, with NaBFID playing a strategic underwriting role.
On the municipal bonds front, he said that from 2017 till date, just 16 issuances have happened amounting to Rs 3,134 crore, which is a mere 0.02 percent of GDP.
There have always been a lot of apprehensions on what incremental value add a foreign bank can bring to India, more so with the exit of biggies such as Citi and Deutsche from India’s retail terrain. Can Sumitomo Mitsui Banking Corporation help find an answer?
There are no mandated thresholds on bank surcharges. Processing fees for retail and small business loans typically range from 0.5% to 2.5%, with some banks capping home loan charges at Rs 25,000, according to data compiled by BankBazaar, an online financial marketplace.
The Indian rupee has depreciated around 3 percent in FY26 so far, but experts believe it is not yet a concern for India amid strong external position underpinned by record forex reserves and ample tools with the Reserve Bank of India to stabilise currency.
The RBI is likely to focus on domestic cues such as inflation and growth numbers before taking a decision. The next policy review is due October 1
The dollar index, which measures the greenback's against a basket of six major currencies, rose to 97.341 in the early trade from 97.348.
The co-lending partnership will offer loan against property ranging from Rs 10 lakh to Rs 75 lakh, with an average ticket size of Rs 15 lakh, release added.
Our cumulative sanctions to date have crossed Rs 2.5 lakh crore. We’re projecting this to increase to around Rs 3.2 lakh crore by March 2026. These are projects that have already been appraised and committed to, but disbursement happens progressively, especially in infrastructure, Rai said.
Pandey said that relying solely on the banks and government budgets for infrastructure financing exposes the concentration risk.
Regulators are also examining structural reforms such as monoline alongside composite licenses, which could reshape the way insurers operate in India, Mathur says
India's banking sector on cusp of transformation amid growing interest from the Japanese and Middle East financial services and private equities, the BCG's global leader, financial institutions, tells Monyecontrol
The US Federal Reserve has cut its benchmark interest rate by 25 basis points to 4-4.25% while hinting at two more cuts this year
The dollar index, which measures the greenback's against a basket of six major currencies, rose to 97.009 in the early trade from 96.873 after the Fed Reserve's 25 basis point rate cut
The move follows the Reserve Bank of India’s (RBI) tightened Payment Aggregator (PA) and Payment Gateway (PG) guidelines, issued on September 15, which bar PAs from facilitating payments to entities with whom they lack a direct contractual relationship.
The mandate of the Regulatory Review Cell is to ensure that all the regulations issued by the Bank are subject to a comprehensive and systematic internal review every 5 to 7 years, RBI release said.
Analysts estimate the GST cuts to spur a strong demand for vehicles during Navratri - between September 22 and October 2 - and benefit automakers as well as financiers.
The proposed goods and services tax rationalisation could help bring down inflation and support private consumption, said the report
The Reserve Bank of India has decided to strengthen the institutional mechanism for review of regulations and has constituted a Regulatory Review Cell (RRC).
PhonePe said the collaboration will offer SMICC's lending expertise through PhonePe's reach, enabling easier credit access for underbanked micro-merchants.
The management said it is 'actively recovering' the unauthorized settled amounts from the affected customers. The incident took place between September 11-12, 2025.
Banking shares don’t seem to be fully reflecting the challenges of lenders this year.
The currency opened at 87.82 against the dollar, 23 paise up from the previous close
The food inflation trajectory has quietly reshaped India’s CPI landscape so far this year.
Systemic credit growth stood at 10.03 percent year-on-year in the fortnight ended August 22, signalling that banks are ramping up credit ahead of the festival season amid rate cuts and expected consumption boost following GST regime overhaul.
