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Jio Financial launches online marketplace for financial products

Mumbai, Feb. 27 -- Jio Financial Services Ltd on Friday launched an online marketplace for financial products through its new app JioFinance and opened an early access programme for users. The market... Read More


BookMyForex denies data leak claims, says customer funds are safe

New Delhi, Feb. 25 -- BookMyForex has denied allegations of a data breach, days after a report said that leaked information may have allowed for unauthorized US dollar and Brazilian real transactions ... Read More


IDFC First fraud: What does the Rs.590-crore scam mean for the bank?

Mumbai, Feb. 25 -- The suspected fraud at IDFC First Bank's Chandigarh branch, disclosed on 22 February, sent the lender's shares tumbling as much as 18% by 24 February. Even as the Reserve Bank of In... Read More


IDFC First Bank shares tumble after Rs.590-cr fraud at Chandigarh branch

New Delhi, Feb. 23 -- Shares of IDFC First Bank tumbled as much as 20% on Monday after the lender disclosed over the weekend that a Rs.590-crore fraud had occurred at its Chandigarh branch involving H... Read More


Trump tariff defeat triggers rupee rally; analysts see 89 level against dollar possible by March-end

Mumbai, Feb. 22 -- The rupee is likely to open stronger against the US dollar on Monday after the US Supreme Court struck down President Donald Trump's tariffs, prompting a recalibration of the North ... Read More


RBI MPC minutes show unanimity on rate pause, members cite growth-inflation balance

New Delhi, Feb. 20 -- Strong growth and low inflation convinced the Reserve Bank of India's (RBI's) rate-setting panel to stay on pause in February, according to minutes of the panel's 4-6 February me... Read More


MPC minutes show unanimity on rate pause, lone dissent on stance

New Delhi, Feb. 20 -- Strong growth and low inflation convinced the Reserve Bank of India's (RBI's) rate-setting panel to stay on pause in February, according to minutes of the panel's 4-6 February me... Read More


RBI rate cuts have failed to ease bond yields. Liquidity tools may be next

MUMBAI, Feb. 18 -- The Reserve Bank of India may have delivered a cumulative 125-basis-point cut in the repo rate since February 2025, but financial conditions have failed to ease in ways typically as... Read More


IIFL Finance won't go all-out on gold loans next fiscal

Mumbai, Feb. 17 -- IIFL Finance Ltd will be conservative in expanding its gold loan book in the next financial year starting 1 April, as founder Nirmal Jain flagged risks to its largest growth driver ... Read More


RBI eases on-lending, current a/c rules in final ECB framework

New Delhi, Feb. 16 -- The Reserve Bank of India has finalized amendments to its External Commercial Borrowing (ECB) framework, accepting several industry suggestions while retaining key safeguards aro... Read More