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    Rupee Strengthens: RBI Interventions Boost Currency

    Mumbai, April 2 – The Indian rupee registered a significant surge on Thursday, posting one of its largest single-day gains in many years, closing at 93.14 (provisional) against the US dollar. The rally, totaling 156 paise, marks a notable reversal after a period of depreciation driven by foreign...
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    Govt Maintains Small Savings Interest Rates for Eighth Quarter

    Government Keeps Small Savings Interest Rates Unchanged for Eighth Straight Quarter PPF, NSC, and Other Schemes Retain Existing Rates for April–June FY27 New Delhi, March 30: The government on Monday decided to keep interest rates unchanged for various small savings schemes, including the Public...
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    MFI Portfolio Contracts by 40% - Banks Lag Other Lenders

    Microfinance Portfolio Shrinks 40% Year-on-Year in Q3 FY26 Bank Portfolio Outstanding Declines Sharply A report released on Monday indicates a significant contraction in the microfinance sector. The outstanding portfolio of microfinance by banks decreased by 40 per cent year-on-year to ₹65,687...
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    Sitharaman Warns Banks Against Mis-Selling, Calls It a Violation Under Bharatiya Nyaya Sanhita

    Finance Minister Criticises Sale of Unnecessary Insurance Products by Banks New Delhi, February 23: Finance Minister Nirmala Sitharaman on Monday strongly criticised banks for mis-selling financial products, particularly insurance, and said such practices amount to a violation under the...
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    Indian Equity Markets Continue Upward Momentum Led by Banking and IT Stocks

    Mumbai, February 17: Indian stock markets close higher for the second consecutive session on Tuesday, supported by gains in banking, IT, and capital goods stocks, even as global cues remain subdued.Benchmark Indices End in Positive Territory The 30 share BSE Sensex rises 173.81 points, or 0.21...
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    Sensex, Nifty Extend Gains for Second Day; Banking, IT and Capital Goods Stocks Lead Rally

    Mumbai, February 17: Indian equity benchmarks ended higher for the second straight session on Tuesday, supported by buying in banking, information technology, and capital goods shares.The 30 share BSE Sensex rose 173.81 points, or 0.21 percent, to close at 83,450.96. During the session, the...
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