An economy that is lending more, writing off less and cleaning up legacy stress sets the stage for a banking revival. But risks remain
With the stake dilution of 2.17 per cent following the OFS closure on December 18, the government holding in IOB came down to 92.44 per cent, the bank said in a regulatory filing on Saturday.
The currency has been under pressure in the last few weeks especially due to delay in the trade deal, which led to the currency hitting fresh record lows. On the other hand, the limited intervention by the RBI was also adding to the pain.
The release said that the board also discussed global and domestic economic situation and associated challenges.
The central bank in the December monetary policy has revised inflation projection for FY26 to 2 percent from 2.6 percent projected earlier.
The company’s board of directors, at a meeting held earlier this month, recorded its in-principle intent to explore and assess possible restructuring alternatives
According to Bloomberg data, the rupee appreciated 0.67 percent on a single day, emerging as the best-performing currency among Asian peers. Over the week, it gained 0.86 percent, and since the RBI began heavy interventions on December 16, the currency has strengthened by 1.54 percent.
As one of India’s leading life insurers, we at HDFC Life welcome this progressive legislation. It balances growth, governance, customer protection and ease of doing business, setting the stage for the next era of insurance transformation
Turning around an institution is a mammoth task. Especially when it is going through investigations for fraud. Rajiv for a foreseeable future may be caught between clearing the air for things that happened in the past and aspirations to take the ship forward. A tough tug-of-war
Going ahead, the next chapter for the rupee will hinge on three critical variables: the trajectory of India-US trade talks, portfolio flows in the face of elevated US yields, and the central bank’s appetite for intervention if volatility spikes.
The central bank in this month has provided durable liquidity of Rs 1.50 lakh crore through OMO purchases and USD/INR Buy/Sell swap auctions. Additionally, through VRR auctions, the central bank inject liquidity worth Rs 2.60 lakh crore.
"While the bank is in litigation (including writ petition) on similar issues raised in orders/SCNs in the past, since the aggregate/cumulative amount involved in the above crosses the materiality threshold, this matter is being reported," it said.
Banks is India rely heavily on deposits for liabilities, as against market borrowings in the US but it may change in 10 years, Setty tells Moneycontrol
YONO as a property is inseparable from SBI. The bank has identified 10,000 branches, predominantly those with high footfall, and deployed floor managers to assist customers with YONO, Setty tells Moneycontrol
SBI has done very well in terms of business, protecting the margins despite moderation in policy rates, chairman CS Setty tells Moneycontrol
The domestic currency opened at 90.3700 against the US dollar, as compared to 90.3775 against the greenback at previous close
Alongside KKR’s stake sale, the private equity firm has also made an offer to acquire the shares held by Ranu Vora, one of Avendus’ co-founders.
According to the RBI’s data, banking system liquidity stood at Rs 60,787.81 crore deficit as on December 17. This marks a deficit after October 28, 2025, when the deficit stood at Rs 8,083.79 crore.
The central bank increased its short dollar forward positions by $6 billion in September, marking the first rise in six months. This marks an important move by the central bank when the Indian rupee has been depreciating sharply and support was needed without reducing the forex reserves. Usually, forward position by the RBI helps the currency to cool off a bit.
The rupee has slipped 5.97% this year, making it the worst performing currency in Asia followed by the Indonesian rupiah, down 3.53%, and the Philippine peso, which has declined 1.37%
Retail credit demand has revived, but early warning signals suggest lenders should celebrate cautiously
The near-term improvement follows a sharp correction in India’s merchandise trade deficit in November, which narrowed to $24.5 billion from a record $42 billion in October.
Currency markets have no natural anchor like equity markets do. So, movements can overshoot in the short term. However, once volatility becomes excessive, the RBI will step in, Mishra said.
The spillover of the currency depreciation was also seen on the equity markets, which ended lower for the second consecutive day on December 16.
The near leg or spot leg is on December 18, 2025, and the far leg is on December 18, 2028.
