Large Indian banks revive dollar bond plans after period of lull
A number of Indian banks are getting ready to raise funds through dollar bonds ahead of the Reserve Bank of India’s (RBI) concessional swap window closing in December, aiming to benefit from reduced hedging expenses. Lenders such as HDFC Bank, ICICI Bank, Federal Bank, Punjab National Bank (PNB), State Bank of India (SBI), Bank of […]
NEET Protest Explained: Latest Updates, & Student Concerns

NEET Protest Explained: Latest Updates, Why Students Are Raising Concerns & What Students Should Know The National Eligibility cum Entrance Test (NEET) is one of India’s most competitive entrance examinations for students aspiring to pursue MBBS, BDS, AYUSH and other medical courses. Every year, millions of students appear for the examination, making it one of […]
Ethanol E85 Fuel in India: Benefits, Price, Mileage, Compatible Cars & FAQs

India’s automotive and energy sectors are undergoing a significant transformation. As fuel prices continue to fluctuate and environmental concerns become more important, cleaner and more sustainable fuel alternatives are receiving increased attention. One of the latest developments attracting public interest is E85 fuel. If you’ve recently heard about E85 in the news or on social […]
Indian Overseas Bank to resume dividend payments after 12 years; board approval
Indian Overseas Bank (IOB) has resumed paying dividends after a gap of 12 years, showing a strong turnaround in its financial health. The bank had earlier faced high bad loans, with net NPA peaking at 7.41%, which led the RBI to place it under the Prompt Corrective Action (PCA) framework. However, with improved asset quality, […]
Outward LRS remittances rise 3.6% to $2.39 billion in May 2026
Outward remittances under the Liberalised Remittance Scheme (LRS) for resident individuals grew 3.6 per cent year-on-year (Y-o-Y) to $2.39 billion in May 2026, driven by a surge in overseas investments, according to Reserve Bank of India (RBI) data. The data showed that deposit-related remittances more than doubled to $118.12 million in May, compared with […]
Rupee falls 11 paise to 96.36 against US dollar during early trade
The rupee slipped by 11 paise to 96.36 against the US dollar in early trading on Wednesday, weighed down by rising crude oil prices and increased geopolitical tensions. Demand for the US dollar also strengthened as investors shifted toward safe-haven assets. Forex traders noted that concerns over the safety of oil shipments passing through the […]
Foreign banks exhibit strongest rate transmission: RBI Bulletin
Foreign banks have shown the strongest response to the Reserve Bank of India’s rate cuts in the current easing cycle, reducing both lending and deposit rates more aggressively than public and private sector banks, as per the RBI bulletin. In its monthly report released on Wednesday, the RBI stated that between February 2025 and May […]
Bandhan Bank’s Q1 profit up 35% on lower provisions, asset quality improves
Bandhan Bank on Tuesday posted a 35% year-on-year increase in net profit to ₹502 crore for the April–June quarter of FY27 (Q1FY27), supported by lower provisioning. However, on a quarter-on-quarter basis, profit declined by 6.1%. The bank’s net interest income (NII) grew 6% YoY to ₹2,921 crore during the quarter, even as loan growth remained […]
RBI proposes easier FDI compliance regime, seeks public comments
Here’s a simple, paraphrased version with changed wording: The Reserve Bank of India (RBI) on Tuesday proposed a new principle-based regulatory framework aimed at simplifying rules, aligning definitions, and making regulations clearer to reduce compliance requirements for foreign investors. The central bank released the draft Foreign Exchange Management (Foreign Investment) Rules, 2026 for public feedback, […]
No further dilution by SBI in SBI Funds Management
Here’s a clean paraphrased version with slightly changed wording: State Bank of India (SBI) has no immediate plans to reduce its stake further in its asset management arm, SBI Funds Management, following its stock market listing, Chairman C S Setty said on Tuesday. “At present, we are not looking at any additional stake sale. Any […]