#banks
India is said to plan new platform for bond derivative trades
Bond forwards are widely used by Indian insurers to hedge interest-rate risk. Banks typically sell the contracts, agreeing to deliver securities at a fixed price on a future date
RBI cautions against misleading campaigns promising loan waivers
Attention all borrowers! The Reserve Bank of India has flagged a concerning trend involving fraudulent loan waiver initiatives. These duplicitous campaigns claim to erase debts owed to banks and non-banking financial companies (NBFCs) but are merely traps set…
Govt holds high-level meet to boost financing for e-buses and e-trucks
The meeting brought together key stakeholders, including government departments, banks, NBFCs, global institutions, OEMs, and industry bodies, highlighting a coordinated push to strengthen EV financing frameworks
RBI overhauls framework for Banks for handling loans affected by natural disasters
A “natural calamity” is as any event recognized under official disaster relief frameworks such as the National or State Disaster Response Funds.
Nifty slides to 24,032 at noon; ONGC, Coal India surge as Banks, IT drag
Market breadth on the BSE remained broadly positive, with 2,079 stocks advancing against 1,382 declines and 196 unchanged
Stock picking key as auto, banks face near-term headwinds: Sandip Sabharwal
Market expert Sandip Sabharwal maintains a constructive long-term outlook but stresses selectivity due to near-term risks like rising input costs and competition. He favors midcaps and selective smallcaps, seeing opportunities in consumer durables, while caut…
Banks to report all related party forex derivative transactions: RBI
India Business News: Mumbai: RBI has required banks to report all foreign exchange derivative deals involving the rupee undertaken in India and globally by their entire gr.
RBI to introduce ECL provisioning framework for banks and FIs from April 1, 2027
RBI's ECL framework, effective April 1, 2027, mandates proactive asset provisioning and tighter classification norms for banks.
RBI asks banks to report overseas rupee OTC derivative contracts to CCIL
In a move aimed at improving transparency in the derivatives market, the central bank has issued directions on 'Reporting Instructions for Authorised Dealer Category - I Banks'.