India’s economy extended its strong run for a third consecutive quarter, growing at a six-quarter high of 8.2 percent in July–September (Q2FY26) compared with 7.8 percent in the previous quarter.
We believe our credit business require a different kind of attention and the other businesses where we have a strong partner, it also need a certain focus. I think only to bring focus into the activity we may be restructuring the credit business, Revankar said
MUFG is 'happy with its status as a significant minority stakeholder' in Shriram Finance, COO Yasushi Itagaki has said
Mistry is hopeful of a reduction in personal income tax slabs in 2026, and is optimistic about the housing sector. He believes that a little more confidence in the hands of consumers may go a long way in further sprucing demand.
This comes days after Uday Kotak asked whether Shriram Finance will soon apply to become a bank after the 20% stake acquisition by MUFG Bank for Rs 39,600 crore.
Tariff differential is a factor shaping market perception. The US has imposed tariffs as high as 50% on Indian imports, significantly above many of its Asian counterparts, including Indonesia, leading to a sharp depreciation of the currency.
On December 19, the rupee staged a strong comeback, rising past the psychologically important 90-mark against the dollar to settle at its highest level in over two weeks
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
HDFC’s new lounge rules mean higher spend thresholds and a shift to voucher-based access
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
Five Monetary Policy Committee members voted to lower the BoE's benchmark rate for the fourth time in 2025 to 3.75% from 4%
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.
RBI cut repo rate four times in 2025, bringing it down to 5.25% from 6.5%, helping home loan borrowers with lower interest rates and EMIs
The domestic currency opened at 90.3700 against the US dollar, as compared to 90.3775 against the greenback at previous close
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 Wall Street bank is well on track to be the top arranger of equity capital markets deals in the Asia-Pacific region for the second year running
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%
KKR-affiliate Redpoint Investments Pte Ltd will sell its stake in Avendus to Japanese group’s arm Mizuho Securities