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- Indexed articles, last 90 days
- 28
- Latest publication
- Sep 25, 2026
- Outlet visibility, for Rediff
- Top 50K sites
- Earliest in this view
- Jul 4, 2026
Latest articles
FCNR(B) funds find a runway ahead of festival season-led credit demand (opens the original)
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RBI Deputy Governor Rohit Jain has outlined how banks are set to leverage $133 billion in FCNR(B) deposits to meet robust credit demand during the festival season, while also urging the banking sector to prioritise technology governance and enhance cyber defences against evolving digital threats. With the festival season approaching and credit demand in the economy remaining strong, banks that have mobilised $133 billion through foreign currency non-resident (bank), or FCNR(B), deposits under th
India's BoP pressure to remain a challenge, says Chief Economic Advisor (opens the original)
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India's Chief Economic Advisor V Anantha Nageswaran warns that the nation's balance of payments will face continuous challenges, driven by increasing imports, global capital competition, and higher interest rates, despite short-term relief from RBI's forex swap window. India's balance of payments (BoP) pressure is likely to remain a challenge as rising imports, dependence on key commodities, high global interest rates and competition for capital weigh on the external account, said V Anantha Nage
SBI anticipates UPI MDR to cover costs, generate surplus (opens the original)
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India's largest issuing bank, State Bank of India (SBI), anticipates that the new Merchant Discount Rate (MDR) on person-to-merchant (P2M) UPI transactions above Rs 2,000, effective October 15, will not only help recover processing costs but could also generate a small surplus. State Bank of India (SBI), the country’s largest issuing bank in the unified payments interface (UPI) ecosystem, is expected to recover the costs it incurs in processing and facilitating such transactions through the merc
Noel Tata tables Rs 25K cr SP group stake buyout proposal (opens the original)
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Noel Tata, chairman of Tata Trusts, has put forward a significant proposal for the Shapoorji Pallonji (SP) group to divest its 18.37 per cent stake in Tata Sons, potentially raising around ₹25,000 crore, to address the SP group's financial requirements while avoiding a public listing of the Tata group's holding company. Noel Tata, chairman of Tata Trusts, which holds about 66 per cent of Tata Sons, presented a proposal from the Shapoorji Pallonji (SP) group at a board meeting on Thursday. Under
Banks will take 3-4 months to deploy FCNR(B) flows: Setty (opens the original)
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State Bank of India chairman C S Setty provides insights into the strategic deployment of significant FCNR(B) deposit inflows over the next 3-4 months and outlines the critical need for cost reduction and trust-building in agentic artificial intelligence to transform Indian banking. Banks will take three to four months to deploy funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits and that is unlikely to trigger any "abnormal lending", State Bank of India (SBI) Chai
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