Rupee Jumps 52 Paise to Close at 92.54 vs Dollar
The Indian rupee strengthened significantly by 52 paise against the US dollar, closing at 92.54. This surge is attributed to positive domestic economic indicators and a weaker dollar globally.
Category : Banking
PFRDA Launches NPS Swasthya Phase 2 for Healthcare Funding
Pension regulator PFRDA has initiated the second proof of concept for NPS Swasthya, a framework integrating retirement savings with healthcare expenses. The multi-partner initiative allows subscribers to access up to 25% of contributions for medical costs
Rupee Gains 52 Paise to 92.54 vs Dollar on Iran Ceasefire
The Indian rupee appreciated 52 paise to close at 92.54 against the US dollar on Wednesday, boosted by easing geopolitical tensions after the US-Iran ceasefire and the RBI's decision to maintain policy rates unchanged.
Rupee Depreciation Worst May Be Over, HDFC Securities Says
HDFC Securities suggests the Indian rupee's sharp depreciation may have peaked, commending the RBI's balanced strategy in managing currency volatility and economic stability.
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PFRDA Launches NPS Swasthya Pension Scheme for Healthcare
The Pension Fund Regulatory and Development Authority (PFRDA) has launched the NPS Swasthya scheme in Bengaluru, integrating healthcare funding with retirement planning to benefit customers through regulatory collaboration.
Indian Bank SO Recruitment 2026 Notification Out
Indian Bank has officially released the notification for Specialist Officer (SO) recruitment 2026. Check vacancy details, eligibility criteria, and the selection process for various posts.
RBI Eases MSME Financing and Boosts Liquidity with New Rules
The Reserve Bank of India has introduced significant regulatory simplifications to enhance MSME financing, expand market participation, and boost overall liquidity in the banking sector.
Rupee Gains 47 Paise to 92.59/USD on Ceasefire, RBI Pause
The Indian rupee strengthened by 47 paise to close at 92.59 against the US dollar, driven by positive market sentiment from a US-Iran ceasefire and the RBI's decision to hold policy rates steady.
Paytm Cardless ATM Withdrawals: Step-by-Step Guide
Learn how to withdraw cash without a debit card using Paytm and UPI. Transaction limit is Rs 10,000, with daily caps set by your bank. A convenient digital banking solution.
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Adani Stocks Surge 13% on US Court Move to Dismiss SEC Case
Adani Group stocks rallied sharply, adding Rs 96,000 crore in market cap, after Gautam Adani sought dismissal of a US SEC civil case alleging bribery, boosting investor sentiment.
Gold, Silver Prices Jump on April 8 as Oil Falls
Gold and silver prices rose significantly on April 8, 2024, driven by a drop in crude oil prices and global economic cues. Check city-wise rates for 24-carat and 22-carat gold in Chennai, Delhi, and Mumbai.
IDBI Bank SO Recruitment 2026: 33 Vacancies Open
IDBI Bank has announced recruitment for 33 Specialist Officer positions for 2026-27. Applications are open from March 25 to April 8, 2026, across various roles including DGM, AGM, and Manager.
IGL PNG Price Hike: Full Details and Impact
Indraprastha Gas Limited has increased the price of Piped Natural Gas (PNG) in Delhi, affecting domestic consumers. The hike adds to rising living costs, with new rates effective immediately.
RBI Keeps Repo Rate Unchanged, Warns of US-Iran War Impact
The RBI's MPC, led by Governor Sanjay Malhotra, maintained the repo rate and neutral stance, highlighting risks from the US-Iran conflict to India's GDP growth and inflation outlook.
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RBI Reforms to Ease Business, Improve Capital Efficiency
The Reserve Bank of India announces targeted regulatory changes to streamline banking, enhance capital frameworks, and deepen financial markets, responding to global uncertainties.
RBI Keeps Repo Rate Unchanged at 5.25% Amid Global Risks
RBI Governor Sanjay Malhotra announced the Monetary Policy Committee's decision to maintain the repo rate at 5.25% with a neutral stance, citing global headwinds and inflation risks while highlighting India's strong economic fundamentals.
FinBox Adds MCP Support to Sentinel AI for Credit Decisions
FinBox introduces MCP support for its Sentinel AI platform, allowing lenders to make complete credit decisions directly within AI conversations, enhancing efficiency and accessibility in digital lending.
RBI Governor: Forex Intervention for Volatility, Not Rupee Target
RBI Governor Shaktikanta Das states that India's forex interventions are solely to curb excessive volatility in the rupee, not to target a specific exchange rate level, amid global economic uncertainties.
RBI Keeps Repo Rate at 5.25%, Warns on Energy Impact
The Reserve Bank of India's Monetary Policy Committee has decided to maintain the repo rate at 5.25%. Governor highlighted that disruptions in energy supply could negatively affect India's economic growth trajectory.
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RBI Keeps Repo Rate Unchanged at 5.25% as Risks Mount
The Reserve Bank of India's Monetary Policy Committee, led by Sanjay Malhotra, unanimously maintained the policy repo rate at 5.25%. This decision comes despite a revised growth projection of 6.9% for FY26 and elevated inflation risks, with CPI expected a
RBI Keeps Repo Rate Unchanged at 5.25% in FY27 Policy
The Reserve Bank of India's Monetary Policy Committee has maintained the repo rate at 5.25% in its first policy review of FY27, citing easing inflation and a ceasefire in West Asia conflict.
RBI MPC Keeps Repo Rate at 5.25%, Neutral Stance Intact
The Reserve Bank of India's Monetary Policy Committee has decided to maintain the repo rate at 5.25% and continue its neutral stance, following a cumulative reduction of 125 basis points since February 2025.
Indian Bank SO Recruitment 2026: 350 Posts, Apply by April 28
Indian Bank has released the SO Recruitment 2026 notification for 350 Specialist Officer positions including Assistant Manager, Manager, and Senior Manager roles across IT, Finance, Credit, Risk, Marketing, and HR. Online applications are open from April
RBI FY27 Monetary Policy Today, Repo Rate Pause Expected
The Reserve Bank of India is set to unveil its first monetary policy statement for the fiscal year 2027 today. Financial experts widely anticipate a continuation of the current repo rate pause, citing stable inflation and global economic conditions.
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RBI MPC 2026: Malhotra to Tackle Oil, Rupee, and Rates Amid US-Iran War
The RBI MPC meeting in 2026, led by Governor Sanjay Malhotra, will focus on crude oil price volatility, rupee stability, and potential repo rate adjustments amidst escalating US-Iran conflict risks.
RBI MPC 2026: Repo Rate Unchanged Amid War Inflation
RBI Governor Sanjay Malhotra-led MPC expected to keep repo rate at 5.25% as US-Iran conflict drives oil above $100, threatening India's inflation target. Economists warn of rupee depreciation and imported inflation pressures.
Women's Credit Hits Rs 76 Lakh Crore, a 5-Fold Rise Since 2017
Women borrowers now hold 26% of India's total credit, reaching Rs 76 lakh crore in 2025, a near five-fold increase since 2017. A report highlights their shift from passive beneficiaries to active drivers of credit demand.
SEBI Extends IPO Validity, Relaxes Shareholding Norms
SEBI grants one-time relief by extending validity of observation letters for public issues and waiving penal action for MPS non-compliance, aiding companies amid geopolitical tensions and weak investor sentiment.
Bhuj Commission Orders Rs 50 Lakh Payout for COVID Death Claim
A consumer commission in Bhuj has directed an insurance company to pay Rs 50.05 lakh to the widow of a 44-year-old engineer who died from COVID-19, criticizing the insurer for rejecting the claim on technical grounds during the pandemic.
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Women's Credit Hits Rs 76 Lakh Crore, 26% of Total System in 2025
Women borrowers now hold Rs 76 lakh crore, 26% of total credit, a near five-fold rise since 2017. A report by TransUnion CIBIL, Niti Aayog, and MicroSave highlights their shift from passive beneficiaries to active drivers of credit demand.
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