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RBI governor asks banks to treat MSMEs as long-term partners

New Delhi, June 22 -- Reserve Bank of India (RBI) governor Sanjay Malhotra on Monday called on banks and financial institutions to deepen their engagement with the micro, small and medium enterprises ... Read More


RBI flags risks if West Asia peace deal fails, says India remains strong

Mumbai, June 22 -- The Reserve Bank of India (RBI) on Monday cautioned that any breakdown of the recent peace agreement in West Asia could rekindle significant risks for the global and domestic econom... Read More


BoB eyes $500 mn bond sale under RBI's hedge window

MUMBAI, June 19 -- State-owned Bank of Baroda is preparing to raise about $500 million through a dollar-denominated bond sale as early as next week, three people familiar with the matter said. This wo... Read More


SBI approves plan to raiseRs.60k cr via bonds in FY27

MUMBAI, June 19 -- The board of State Bank of India (SBI), the country's largest lender, has approved a plan to raise up to Rs.60,000 crore in FY27 through various debt instruments, including Basel II... Read More


RBI extends Keki Mistry's term as HDFC Bank interim chairman by 3 months

New Delhi, June 18 -- The Reserve Bank of India (RBI) on Thursday approved a three-month extension for Keki Mistry as HDFC Bank's interim part-time chairman, the lender said in an exchange filing. Mi... Read More


SBI board approves Rs.60,000 crore fundraising plan via bonds in FY27

MUMBAI, June 18 -- The board of State Bank of India (SBI), the country's largest lender, has approved a plan to raise up to Rs.60,000 crore in FY27 through various debt instruments, including Basel II... Read More


Bank of Baroda eyes $500 million dollar bond sale under RBI's hedge window

MUMBAI, June 18 -- State-owned Bank of Baroda is preparing to raise about $500 million through a dollar-denominated bond sale as early as next week, three people familiar with the matter said. This wo... Read More


RBI's FCNR move opens door to equity-like dollar returns for NRIs

Mumbai, June 11 -- The Reserve Bank of India's (RBI) decision to absorb the foreign exchange hedging cost on fresh foreign currency non-resident (bank), or FCNR (B), deposits is creating an unusual op... Read More


Top PSU financiers race to tap RBI's hedge window, eye $5 bn ECBs

Mumbai, June 11 -- Reserve Bank of India's (RBI) new hedging window that lowers the cost of dollar borrowings for the rest of the calendar year is set to spur a fresh wave of overseas fundraising by s... Read More


State-run financiers race to tap RBI hedge window

Mumbai, June 11 -- Reserve Bank of India's (RBI) new hedging window that lowers the cost of dollar borrowings for the rest of the calendar year is set to spur a fresh wave of overseas fundraising by s... Read More