Finance News

Bajaj Markets crosses $3 bn in disbursals, targets $1 bn more in FY26

Bajaj Markets, backed by Bajaj Finserv, has crossed $3 billion in loan disbursals since inception and aims to add nearly $1 billion more in FY26 through 55 lending partners

Net ECB inflows rise to $4.6 billion in Apr-Jun 2025, shows RBI data

RBI data showed net ECB inflows rose to $4.6 billion in April-June 2025 from $2.8 billion a year ago, even as registrations moderated and sectoral trends diverged

Private capex likely to rise 21.5% to ₹2.67 trn in FY26: RBI article

The continued policy push for infrastructure, sustained disinflation, combined with lower interest rates, easy liquidity conditions, and rising capacity utilisation

SBI signs Euro 100 mn line of credit with AFD to boost green financing

The funds raised will be used for climate mitigation actions aimed at reducing greenhouse gas emissions, the bank stated

SBI, AFD sign Euro 100 mn line of credit to boost green financing in India

By empowering these measures, this collaboration strives to further advance India's transition to a low-carbon economy while enhancing resilience to climate-related risks, it said

Investment outlook remains cautiously optimistic going ahead: RBI study

RBI study signals a cautiously optimistic outlook for private investments in FY26, backed by healthier balance sheets, policy support, and rising capex momentum

US tariffs pose downside risk to aggregate demand, says RBI report

Headline inflation to remain significantly below target this year; S&P upgrade bodes well for yields

NRI deposit inflows dip 10% in April-June, outstanding deposits rise

The total outstanding NRI deposits reached $168.32 billion at the end of June 2025, up from $155.78 billion a year ago

Datanomics: Higher investment needed to tread on 8% growth trajectory

India experienced its dream run of economic growth during 2003-10, barring 2008 when external shocks in the form of global financial crisis punctured India's high growth

Industry credit growth slows to 6% in July; bankers expect momentum ahead

During this period, credit to micro industries grew 21 per cent, while credit to medium industries rose 14.7 per cent. In contrast, credit to large industries increased by only 0.9 per cent

Prebudget meetings for FY27 to start on October 9, Finance Ministry says

The Finance Ministry issued the Budget circular for FY27 announcing prebudget meetings from October 9 to mid-November to review expenditure needs and receipts of ministries

RBI imposes penalty of ₹44.70 lakh on Bandhan Bank over regulatory lapses

In a statement on Friday, the RBI said that a statutory inspection for supervisory evaluation of the bank was conducted with reference to its financial position as on March 31, 2024

Forex reserves drop $4.38 billion to $690.72 billion, shows RBI data

For the week ended August 22, foreign currency assets, a major component of the reserves, decreased $3.652 billion to $582.251 billion, the data released on Friday showed

RBI net sells $3.6 bn in Jun, net short dollar position dips to $60.39 bn

The RBI reversed its forex stance in June with $3.6 bn net sales, while rupee's REER stayed flat and forward dollar short positions dropped further to $60.39 bn

Banks see thinning spreads, driven by credit dip, lower deposits, rate cuts

Growing competition in corporate and institutional credit as well as in home loans, and lower interest rates have also put pressure on lending margins

Piyush Gupta appointed alternate member of Singapore presidential council

Gupta, from Meerut, was awarded the Public Service Star by the Singapore President for his meritorious services to the nation in 2020

Sumitomo Mitsui to invest ₹16,000 crore more in YES Bank after RBI nod

Sumitomo Mitsui's fresh ₹16,000 crore plan follows its earlier ₹13,500 crore deal for 20% in YES Bank, with RBI nod for up to 24.99% ownership

Headline inflation should continue to be the target, says BS poll

Economists back headline CPI as India's inflation target, stressing food's heavy weight in consumption and urging RBI to retain the 4% benchmark with the current tolerance band

AHPI to take call on ending freeze on Bajaj Allianz cashless services

Reports also suggested that AHPI is likely to write to the Competition Commission of India and the Insurance Regulatory and Development Authority of India on the issue

Govt to meet banks, fintechs on Aug 29 to discuss Online Gaming Act rollout

The meeting, to be cochaired by secretaries of Department of Financial Services and Meity, will focus on operational measures required to enforce ban on real-money online games, according to source