Banking & finance policies

RBI revives heavy pre-market intervention to support oil-hit rupee

By Axel Miller | 05 Mar 2026

The RBI stepped in aggressively before market open to support the rupee after it hit a record low amid rising global oil prices.

Indian brokers urge pause on tighter bank lending rules amid liquidity concerns

By Cygnus | 19 Feb 2026

India’s broker lobby has urged a six-month delay to new RBI lending rules, warning tighter norms could reduce market liquidity and raise trading costs.

Sweden fines SBB over accounting violations, raising scrutiny on property sector

By Axel Miller | 18 Feb 2026

Sweden's regulator fines SBB 80 million crowns for accounting breaches, highlighting governance risks in Europe’s stressed property sector.

Wall Street and government leaders to headline Mar-a-Lago crypto forum

By Cygnus | 17 Feb 2026

Goldman Sachs and Nasdaq leaders join U.S. officials at a Mar-a-Lago crypto forum, sparking debate over ethics and digital-finance policy ties.

Tokenising the gilt: what the UK’s digital bond pilot could mean for sovereign debt

By Cygnus | 12 Feb 2026

HM Treasury selects HSBC Orion and Ashurst LLP for its Digital Gilt Instrument (DIGIT) pilot. A deep dive into the architecture, legal framework, and the shift toward near real-time settlement.

Trump-linked World Liberty Financial plans low-fee forex and remittance platform

By Axel Miller | 12 Feb 2026

Trump-linked World Liberty Financial unveils plans for a low-cost global forex and remittance service.

UK selects HSBC’s blockchain platform for digital gilt pilot

By Cygnus | 12 Feb 2026

The UK government selects HSBC’s Orion blockchain platform for its Digital Gilt Instrument pilot in sovereign debt markets.

U.S. Treasury’s Bessent Says Fed Likely to Move Slowly on Balance Sheet Decisions

By Cygnus | 08 Feb 2026

Treasury Secretary Scott Bessent says the Federal Reserve is unlikely to rush balance sheet changes, even under a potential new Fed chair.

India Sets February 5 Deadline for Financial Bids in IDBI Bank Privatization

By Axel Miller | 30 Jan 2026

India has set a February 5 deadline for financial bids in the privatization of IDBI Bank, moving closer to selling a controlling 60.7% stake in the state-backed lender.

JPMorgan Resumes India Expansion with First New Branch in Nearly a Decade

By Cygnus | 11 Dec 2025

JPMorgan receives RBI approval to open a new branch in Pune, its first India expansion in nearly a decade, targeting corporate and industrial clients.

RBI pegs repo rate 50 bps lower at 5.50% in bid to drive growth

By Unnikrishnan | 06 Jun 2025

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has announced a 50 basis point reduction in the Reserve Bank’s policy repo rate

PFRDA notifies amendments to National Pension System Trust and Pension Fund regulations

22 Feb 2024

The Pension Fund Regulatory and Development Authority (PFRDA) has notified the amendments to the regulations governing the National Pension System Trust and the Pension Funds

Goldman Sachs predicts early policy easing by banks in India and Australia following the Federal Reserve's lead

18 Dec 2023

In a surprising turn of events, central banks across the Asia-Pacific region, from India to Australia, are poised to initiate interest rate cuts earlier than initially projected, influenced by the Federal Reserve’s hastened easing cycle, as suggested by Goldman Sachs Group Inc.

SBI hikes MCLR-based interest rates, makes retail loans costlier

16 Dec 2023

The State Bank of India (SBI) on Friday announced a 5-10 basis points increase in its marginal cost of fund-based lending rate (MCLR) for select tenors.

Bank employees clinch 17% annual pay hike; push for 5-day week

10 Dec 2023

A consortium of bank employee unions and the Indian Banks Association (IBA) have reached a consensus on wage revision that provides for an annual increase of 17 per cent in salaries

RBI eases overseas borrowing rules for local companies

01 Dec 2015

Government to issue Sovereign Gold Bonds from 26 November

30 Oct 2015

India needs to open up further for capital account convertibility

18 May 2015

Sound policies, robust regulatory framework promoting a strong and efficient financial sector, and effective systems and procedures for controlling capital flows greatly enhance the move toward convertibility, said RBI executive director G Padmanabhan