Hiring spree at Kotak Mahindra Bank means jobs for 500 engineers
India’s banking sector is ramping up investments in tech amid steady growth in deposits and buoyant credit activity
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.
Mukesh Ambani says Jio-Blackrock to utilise technology disruption to help build savings, client relationships
Strap: For us at Jio-Blackrock, the opportunity is to encourage Indians to save, and to make sure that we give them the options to convert those savings into earnings, and hopefully compound their earnings so that they not only work for themselves, but they also work for the Indian economy,” Mukesh Ambani said.
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.
MC Exclusive | Not chasing growth in gold loans by stretching LTV or ticket sizes: Nirmal Jain of IIFL Group
The board will evaluate listing options for IIFL Home Finance at an appropriate time, keeping market conditions and business readiness in mind, said Jain.
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
Amended insurance laws kick in from February 5
Most provisions of Sabka Bima Sabki Raksha Act to come into force; industry sees 100% FDI reform as catalyst for capital, governance and inclusion
Bajaj Finserv Q3 FY26 results: Net profit remains flat on-year at Rs 2,229 crore on higher provisions, labour code costs
Bajaj Finserv Q3 FY26 Results: Net profit flat on-year due to higher credit provisions and one-time labour code costs.
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
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.
Won't be surprised if RBI hold rates steady for some time as inflation stays low: Economic Affairs Secretary
The central bank has cut the repo rate by a cumulative 125 basis points since last February.
Macquarie flags risks in PB Fintech’s global ambitions over capital allocation
Macquarie flags capital allocation risks as PB Fintech shifts focus from domestic dominance to global expansion ambitions
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.
Religare Enterprises likely to announce demerger and listing of Care Health Insurance
The restructuring exercise which could result in an automatic listing of the health insurance arm is seen as a move aimed at unlocking shareholder value.
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
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
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.
Indian bond yield opens 4 bps lower after India-US finalise trade deal
On February 2, Indian bond yield ended over a year higher after the government announced higher-than-expected gross borrowing through government securities.
IDFC First Bank must refocus on corporate loans for margin protection
Shedding corporate loans and going full throttle on retail was a survival strategy which now must change
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.
RBI closely monitoring lenders’ positions on gold loan portfolios, say sources
After a sharp 15 percent correction in gold prices since Jan 30, the central bank is said to have sharpened its oversight on banks and NBFCs
Bajaj Housing Finance Q3 FY26 results: Net profit jumps 21% YoY to Rs 665 crore
Bajaj Housing Finance reported a 21 percent year-on-year rise in Q3 FY26 net profit to Rs 665 crore, led by a 19 percent increase in net interest income to Rs 963 crore. Asset quality remained stable, with gross NPAs at 0.27 percent and net NPAs at 0.11 percent.
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.
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.
Budget 2026: Does a quiet budget for the insurance sector signal stability?
After half a decade of continuous tax and regulatory recalibration, Budget 2026 marks the first deliberate pause in insurance-specific reforms, raising a larger question on whether the sector has finally entered a phase of policy stability.
