BANKING & FINANCE
BANKING & FINANCE
Banking Stocks Plunge Up to 32% Amid Global Headwinds; Analysts Bullish on Long-Term Recovery
Indian banking stocks have faced a turbulent quarter, with several major lenders underperforming the Nifty 50 due to sustained FII outflows, geopolitical tensions in the Middle East, and surging energy prices.
RBI Mandates Multi-Factor Authentication for Digital Payments from April 1
Starting April 1, 2026, the Reserve Bank of India (RBI) will implement stricter security protocols for all digital...
NARCL to Acquire ₹1,000 Crore Debt of Kay Bouvet Engineering
The government-backed National Asset Reconstruction Company Limited (NARCL) is set to take over the ₹1,000 crore debt of...
RBI Tightens Currency Market Curbs; Caps Bank Bets at $100 Million
For the first time in 15 years, the Reserve Bank of India (RBI) has reclaimed authority from bank boards to cap...
India’s Bank Credit Growth Projected to Reach 14.5% in FY27 Amid Global Risks
India’s banking sector is poised for resilient growth in FY27, with credit offtake projected between 13% and 14.5%.
Reserve Bank of India: Rupee Undervaluation Reaches 6% as REER Hits 12-Year Low
According to the latest Reserve Bank of India (RBI) bulletin, the Indian Rupee’s Real Effective Exchange Rate (REER)...
Kotak Mahindra Arm to Divest Stake in Infina Finance for ₹1,294 Crore
Kotak Mahindra Capital Company (KMCC), a wholly owned subsidiary of Kotak Mahindra Bank, has entered into definitive...
Rupee Hits Record Low Near 93.7: Analysts Eye Potential Slide Toward 95
The Indian Rupee has breached the psychological 93-per-dollar mark for the first time, hitting a record low of 93.7 this...
