Rupee falls 3 paise to close at 95.74 against US dollar
The rupee pared initial gains and settled 3 paise lower at 95.74 against the US dollar on Monday, August 24, 2026, on a positive American currency and weak domestic markets, The Hindu…
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UPI transactions surge 13,000-fold in 10 years
The Unified Payments Interface (UPI) completed a decade on August 25, 2026, with annual transaction volumes rising from 1.78 crore in 2016-17 to over 24,162 crore in 2025-26, an almost 13,000-fold increase,…
Rats chew through ₹1.2 crore in cash saved for gold
A woman in Bihar’s Siwan district lost her entire savings of ₹1.2 crore after rats chewed through the stacks of cash she had stored at home. The money, accumulated over several years,…
India to launch first tokenised bond issue in September
India will launch tokenised corporate bonds next month, with state-owned power financier REC issuing bonds worth less than Rs 5 billion, three sources told Reuters. The bonds will be settled using India's…
Air passenger service prices surge 32% in Q1 FY27
Air passenger service prices surged 31.94 per cent year-on-year in the first quarter of FY27, the sharpest increase among services tracked under India's new Service Producer Price Index (Service PPI), according to…
Bajaj Finance personal-loan growth slips below 20% on rising competition
Bajaj Finance's urban personal-loan growth has slowed to below 20% from the third quarter of FY26, as competition from other NBFCs and fintech platforms intensifies. The company's personal-loan book is as large…
PSB asset quality beats private banks in Q1
Public sector banks reported gross loan slippages of around 0.7% in Q1FY27, less than half the 1.7% seen at private banks, despite macroeconomic pressures from currency, crude and climate. Overall systemic gross…
SBI report flags RBI’s ‘chalk and cheese’ policy signals
A State Bank of India research report released on Monday said the Reserve Bank of India's recent policy communications have sent conflicting signals on inflation and interest rates, creating uncertainty for markets.…
RBI to auction state and central government securities worth Rs 54,100 crore
The Reserve Bank of India will auction state government securities worth Rs 20,100 crore on August 25, 2026, on behalf of seven states: Andhra Pradesh, Gujarat, Haryana, Maharashtra, Punjab, Rajasthan, and Tamil…
RBI data shows liquidity surge as weekend shuts market
Overnight money market volumes dropped to zero on Sunday August 23 as banks did not trade, RBI data shows. The previous trading day on August 21 saw volumes of Rs 6.56 lakh…
