Banking

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.

Banking Central | How Budget’s banking agenda can reshape credit, institutions and markets

For the banking sector, Budget 2026 is not about short-term giveaways. It lays the ground for institutional strength, greater inclusivity and the foundation of a more resilient and market-oriented financial system

Budget 2026: Since 2019 Budget, Bank Nifty Index has not cheered FM's moves

Bank Nifty often reacts negatively or with muted gains on Budget Day

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.

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.

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

What Union Budget 2026 signals for Indian banking

The Finance Minister’s announcement of a banking panel suggests a shift — from fixing bank balance sheets to questioning what banks are meant to do next

Union Budget 2026: FinMin proposes tax relief for employers, non-life insurers

Changes aim to ease compliance, reduce litigation, and simplify deductions under the Income Tax Act

Budget 2026: Interest on accident compensation to be fully exempt from income tax

At present, this interest is treated like regular taxable income

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.

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.

Union Budget 2026: FM Sitharaman announces restructuring of the lenders REC, PFC

Shares of Power Finance Corporation and REC rallied over 4% each after the finance minister proposed restructuring the two state-run lenders.

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.

Budget 2026: FinMin charts consolidation path for NBFCs under Viksit Bharat vision

A central element of the strategy is the proposed restructuring of PFC and REC

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.

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.

Sunrise sectors have potential of Rs 100 lakh crore investment over next 5 years: SBI chairman CS Setty

The Centre will also facilitate engagement with multiple financial institutions, banks, non-banking financial companies (NBFCs), startups, and think tanks.

Leaders eat last: NR Narayana Murthy stresses fairness in executive pay, high governance standards

Murthy described legendary banker Aditya Puri as 'India’s finest entrepreneur post-Independence,' drawing a contrast between the paths taken by Infosys and HDFC Bank in building scale and influence.

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%

Shriram Finance eyes 16-17% growth in AUM for FY26: Umesh Revankar

During an interaction with Moneycontrol post Q3 FY26 earnings, Revankar said the company is “working towards” the higher range, signalling confidence in the operating environment while maintaining a measured outlook

RBI conducts second 90-day VRR auction of the day, Rs 2 lakh crore on offer

Currently, the liquidity in the banking system is in surplus of Rs 82,967.95 crore

ACKO Life commits to pure protection model, targets rising mis-selling in life insurance

The company said its approach is aimed at prioritising consumer protection over product complexity, positioning itself as a life insurer defined by what it refuses to sell rather than by product diversification

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.

Economic Survey: Municipal green bonds could unlock $2.5-6.9 bn for climate action over next 5-10 years

Economic Survey showed that Vadodara Municipal Corporation, Ahmedabad Municipal Corporation, Indore Municipal Corporation and Ghaziabad Municipal Corporation, have issued green bonds in India. The cumulative amount raised by these corporations are Rs 694 crore, between February 2024 and May 2025.