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RBI flags surge in bank fraud amounts despite drop in cases

Mumbai, May 29 -- While the number of bank fraud cases in India declined for the third consecutive year in FY26, the amount involved surged sharply during the year, according to the Reserve Bank of In... Read More


RBI says West Asia war clouds growth outlook, but India remains relatively resilient

New Delhi, May 29 -- The Reserve Bank of India (RBI) has warned that the West Asia war has emerged as one of the biggest threats to global and domestic economic stability, even as it maintained that I... Read More


SBI says AI-driven banking still needs people, skills and leadership

MUMBAI, May 27 -- State Bank of India chairman Challa Sreenivasulu Setty said technology-led banking cannot succeed without investing in people, leadership and skills, as the country's largest lender ... Read More


FPIs criticise govt and RBI as rupee slide and shrinking returns trigger exits

New Delhi, May 25 -- As the Indian rupee slides toward the psychologically crucial 100-per-dollar mark, foreign portfolio investors (FPIs) are starting to question not just the currency's trajectory b... Read More


RBI's surprise $5 bln swap seen cooling forward premiums, easing bank liquidity strain

MUMBAI, May 22 -- The Reserve Bank of India's surprise decision to conduct a $5 billion dollar-rupee buy/sell swap auction on 26 May is viewed as a move to ease stress in the forward currency market w... Read More


Microfinance sector recovers after stress cycle but caution prevails amid geopolitical, inflation risks

MUMBAI, May 21 -- India's microfinance institutions (MFIs) are returning to growth mode after almost two years of sector-wide stress, but management commentary indicates the recovery will be measured ... Read More


IDFC FIRST Bank Q4 shows deposit slowdown despite system-wide surge

MUMBAI, May 18 -- Beneath the one-time profit hit from the Rs.590 crore Chandigarh fraud, IDFC FIRST Bank's March-quarter (Q4FY26) earnings revealed a deeper concern: deposit growth slowed sharply aft... Read More


Bond market prices in possible RBI rate hikes after fuel price increase

Mumbai, May 16 -- India's bond market is beginning to price in possible RBI rate hikes later this year after Friday's fuel price increase renewed concerns over inflation, pushing government bond yield... Read More


Need deep reset, no quick fix, say experts as rupee hits new lows

Mumbai, May 15 -- The Indian rupee's slide to fresh record lows amid the ongoing West Asia war is prompting calls for deeper structural reforms instead of short-term liquidity measures to stabilize th... Read More


Rupee may slide to 96-98 by December-end amid oil shock: Mint poll

Mumbai, May 14 -- The Indian rupee is sliding from one record low to another, but economists say assigning a precise trajectory to the currency has become increasingly difficult amid the US-Iran war a... Read More