Category : Banking


Rupee Hits New Low of 91.58 as Geopolitical Tensions Mount

The Indian rupee fell sharply to a historic low of 91.58 against the US dollar on Wednesday, driven by geopolitical tensions, stop-loss dollar purchases, and persistent foreign portfolio outflows. Forex experts warn of sustained pressure on the currency.

Rupee Hits Record Low of 90.97 vs Dollar

The Indian rupee fell 7 paise to close at a historic low of 90.97 against the US dollar on Tuesday. Strong dollar demand from importers and persistent foreign fund outflows pressured the currency.

TruRTL's Mr. Tru: No Big Claims, Just True Value

TruRTL introduces Mr. Tru, a new fintech offering focused on delivering genuine value without exaggerated promises. The launch emphasizes simplicity and transparency in financial services.

PhonePe Wins SEBI Approval for IPO Launch

Walmart-backed PhonePe receives SEBI approval for its IPO, marking a key milestone for India's fintech sector. The offer will be entirely an OFS by existing shareholders.

Armour Security IPO Allotment Date Likely Today

Armour Security India Ltd's IPO allotment is likely finalized today, January 20, 2026. Investors can check status online via NSE or registrar Skyline Financial Services. Shares list on NSE SME January 22.

SBI Life NBFC Redeems Debentures Early, Details Out

SBI Life Insurance's NBFC arm has partially redeemed its non-convertible debentures ahead of schedule. The move puts the financial entity in focus as investors seek clarity on the redemption terms and implications.

CBI Investigates Rs 6.95 Crore Bank Fraud in Lucknow

The CBI has registered an FIR and launched a full investigation into a Rs 6.95 crore fraud involving Bank of India and UP Forest Corporation. Public funds were siphoned using forged documents and impersonation.

Rupee Falls 8 Paise to 90.98 Against Dollar

The Indian rupee declined by 8 paise to 90.98 against the US dollar in early trade on Monday. Forex traders attribute the drop to rising geopolitical uncertainty and renewed US expansionary signals.

Page 122 of 163
Pickt mobile sticky banner — logo, tagline and CTA button