Canara Bank sanctions over Rs 7,000 crore under ECLGS 5.0; sees total opportunity at Rs 20,00
Canara Bank (a government bank) has already given more than ₹7,000 crore in loans to small businesses under a government scheme (ECLGS 5.0).The bank believes it can give around ₹20,000 crore total loans under this scheme. economictimes https://bfsi.economictimes.indiatimes.com/articles/canara-bank-sanctions-over-rs-7000-crore-loans-under-eclgs-50-eyes-rs-20000-crore-opportunity/132056078?utm_source=top_story&utm_medium=homepage
Rising debt to AI boom: BIS flags 4 major risks threatening global economy
The Bank for International Settlements (BIS) says the global economy is facing risks due to rising government debt, uncertain returns from AI investments, high inflation, and weak financial systems. These challenges may slow down future economic growth and create instability worldwide. financialexpress https://www.financialexpress.com/business/news/rising-debt-to-ai-boom-bis-flags-4-major-risks-threatening-global-economy-why-governments-must-act-now/4278644/
HDFC Bank likely to reappoint Sashidhar Jagdishan as CEO for third term
The board of HDFC Bank is planning to appoint Sashidhar Jagdishan again as MD & CEO for a third term, after legal checks found no issues in past concerns. The decision is supported by the board and Macquarie Capital, but final approval from the Reserve Bank of India is still needed. At the same time, […]
Listed pvt firms return to double-digit sales growth in FY26, led by manufacturing rebound: RBI
Indian companies are growing fast again! According to the Reserve Bank of India, private non-financial companies recorded a strong 10.1% sales growth in FY26. Manufacturing companies led this growth with 10.8%, especially in sectors like auto and food, while the services sector also performed well. However, rising input costs are becoming a concern for manufacturers. […]
Govt pushes PSU banks to develop loan products of up to ₹1 lakh each for street vendors
Indian banks can now give loans against FCNR(B) deposits, while the RBI will help manage currency risk through forex swaps on the main amount. This step is aimed at attracting more dollars into India and may increase FCNR(B) interest rates to around 6–7.1%. The RBI has also simplified rules for standby letters of credit and […]
Banks can offer loans for FCNR (B), rebook deposits, RBI clarifies
The Reserve Bank of India has made it easier for banks to use FCNR(B) deposits (foreign currency deposits) by allowing them to give loans against these deposits. RBI will help banks manage currency risk through forex swaps, mainly on the main deposit amount. This step is taken to attract more dollars into India, and because […]
RBI eases forex exposure rules, giving banks more room to trade
The Reserve Bank of India has made new rules for how banks manage their foreign currency risk. Now, banks can calculate their risk more easily by combining both Indian and overseas transactions and also counting income earned from abroad. They are allowed to ignore some long-term foreign investments, which can help them trade more freely. […]
RBI eases forex exposure rules, giving banks more room to trade
The Reserve Bank of India (RBI) has made new rules for how banks manage foreign exchange (forex) risk. These rules make things simpler by combining domestic and overseas positions and allowing banks to include earnings from abroad. Banks can also ignore some long-term foreign currency investments while calculating risk, which may give them more flexibility […]
These 6 private and public banking stocks have an upside of up to 26% in one year, according to analysts
When investing in banking stocks, it’s important to understand three things: how a stock performs compared to others (relative performance), how it performs on its own (absolute performance), and the situation or context behind that performance. These factors may change in the coming time, so investors should stay alert. You can also explore Stock Reports […]
Multibagger or IBC – Part 64: An old 2-wheeler supplier that now earns more from a newer business
It may be a good time to stay positive (bullish) on the market, but don’t ignore the risks. Valuations are still high, so stocks are not exactly cheap right now. Also, the recent Q4 earnings season was not very strong, which adds to the concern. So yes, stay optimistic—but invest carefully and stay alert. economictimes […]