Banking And Finance
Banks seek RBI clarity on leveraged NRI FCNR deposit structures
Mumbai: Several lenders have sought clarity from the (RBI) on whether they can raise FCNR (B) deposits by extending loans to non-residents through their overseas branches, people familiar with the…
RBI mis-selling rules explained: Tricked into buying a financial product? Here’s how you can get your money back
The Reserve Bank of India (RBI) last week introduced new rules to prevent the mis-selling of financial products – such as insurance, mutual funds or loans – by banks and…
EPFO 3.0 explained: How the new PF withdrawal process differs from the existing one | A detailed comparison
The Employees’ Provident Fund Organisation (EPFO), under the , is set to introduce a series of member-friendly reforms aimed at making PF services faster, simpler and more convenient for subscribers.…
NHB probing Aavas Financiers over loan classification lapses
MUMBAI: The (NHB) has begun a formal probe into CVC Capital Partners-backed mortgage lender after preliminary inquiries uncovered loan classification irregularities, with multiple instances of loans categorised under ineligible refinancing…
Market
A stock trader’s guide to navigating a rare ‘Super El Niño’
As concerns over the Iran war recede, stock investors are confronting another threat: climate risk, which is prompting a reassessment of bets across sectors from agriculture to insurance. A high…
US-Iran peace deal: How are falling crude oil prices likely to impact petrol, diesel prices?
US-Iran peace deal: Brent crude prices edged higher on Friday but remained on track for a weekly decline of nearly 8%, as a ceasefire agreement between Israel and Hezbollah eased…
US-Iran talks, crude prices, trading activity of FIIs key drivers for markets this week: Analysts
Movement in the stock market will hinge on the outcome of talks between the US and Iran, crude oil prices and trading activity of foreign investors in the holiday-shortened week…
US-Iran talks, crude oil movement, macro data to dictate bullion trend next week: Analysts
Developments surrounding US-Iran negotiations, movement in crude oil prices and key global economic data are expected to steer gold and silver prices next week, analysts said. The focus will squarely…
Market
Indian deep-tech to see funding surge amid sovereign push: Celesta’s Viswanathan
New Delhi: Indian deep-tech startups in space and artificial intelligence (AI), many of which have struggled to secure funding, are set to attract “hundreds of millions” in investment over the…
Tata Agratas inks $530-million EV battery supply pact with JLR
Agratas, the Tata group’s electric-vehicle battery arm, has signed a seven-year supply agreement worth $530 million (about ₹5,000 crore) with group company Jaguar Land Rover, beginning this fiscal year, according…
SBI looks to monetize home loan pools to boost credit as deposits lag
India’s largest lender, State Bank of India (SBI), is “seriously considering” securitizing part of its home loan portfolio, chairman C.S. Setty said in an interview with Mint, as the bank…
India’s premium RTD story is no longer a metro phenomenon
A bottle of premium Himalayan water in the outskirts of Patna. A Thai coconut jelly drink finding its fastest-growing market in Tier-2 and Tier-3 India. These are no longer isolated…
Axis
