The Reserve Bank of India (RBI) announced on August 21, 2026, the cut-off rates for underwriting commission in the auction for government securities worth Rs 28,000 crore. The auction included the re-issue…
RBI has approved Life Insurance Corporation of India's application to increase its stake in HDFC Bank to up to 9.99% from the current 4.11%, as disclosed in an HDFC Bank regulatory filing…
India's outward foreign direct investment (FDI) rose 17% year-on-year to $5.70 billion in July, up from $4.88 billion a year ago and higher than June's $3.14 billion, according to provisional RBI data.…
India remains among the fastest-growing major economies, with GDP expanding 7.7% in FY2025-26, according to the RBI's July bulletin and a Deloitte outlook. The RBI said the economy navigated external uncertainties and…
The Reserve Bank of India has approved Life Insurance Corporation of India to raise its stake in HDFC Bank to up to 9.99%, the private lender said in an exchange filing late…
The Department of Economic Affairs (DEA) is prioritising foreign capital inflows and deepening the corporate bond market, Joint Secretary Alok Tiwari said on Wednesday at the FICCI Capital Markets conference in Mumbai.…
BSE Ltd. shares fell for five straight sessions, closing at Rs 3,308, down 0.7%, after brokerages downgraded the stock citing the STT hike, RBI bank guarantee norms, and the new Closing Auction…
Indian lenders have raised $4 billion through global bond issuances between June 16 and August 13, starting with a $750 million issue from HDFC Bank. The largest deal in this period was…
Corporate investment as a share of GDP in India has been on a prolonged decline since demonetisation in 2016, according to an analysis by The Hindu. The share fell from 10.3% in…
The weighted average call rate in the overnight segment eased to 4.99% on August 19 from 5.00% the previous day, according to RBI data. Total overnight money market volume declined to Rs…
