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
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.
The proposed transaction will not trigger an open offer, as the stake acquisition will be entirely through a primary issuance of shares.
In Moneycontrol's Pro Panorama December 16 edition: Right to Disconnect misses core issues, traders face evolving challenges and opportunities in 2026, quick commerce boosts online FMCG market share steadily, digital banking growth sees rising customer complaints, and more
Axis Bank share price: Citi Research maintained its 'Neutral' call for the shares of Axis Bank, with a target price of Rs 1,285 apiece. This implies only a marginal upside potential from the stock's previous closing price of Rs 1,284.8 apiece.
On December 15, the currency slipped to fresh record low of 90.7850, extending its year-to-date decline to about 6 percent
The rise of digital banking has also seen increased customer dissatisfaction, show RBI ombudsman scheme data
Insurers and intermediaries are likely in discussions with IRDAI on issues such as staffing, infrastructure expansion, and disposal timelines under the proposed changes
Confident of doubling the wealth assets in the coming years, Verma shares insight into his plans for wealth business and more in an exclusive interview with Moneycontrol
On December 11, the central bank conducted first tranche of OMO purchases and injected Rs 50,000 crore in the banking system.
JM Financial, IIFL Capital, Kotak and Jefferies have been appointed as bankers to the IPO
Around 40-50 percent of the recent 20-25 percent spike in cyber insurance uptake is coming from companies purchasing the cover for the first time, experts pointed out