RBI
Business Finance

RBI Approves Record ₹2.87 Lakh Crore Dividend

By BPN News Desk
The Reserve Bank of India has approved a record ₹2.87 lakh crore surplus transfer to the central government for the last financial year. The payout is higher than last year’s ₹2.69 lakh crore transfer, but remains below market expectations. RBI Dividend To Government Hits Record High The RBI board approved the ₹2.87 trillion surplus transfer […]
RBI
Business Finance

RBI Steps In As Rupee Weakens

By BPN News Desk
The Indian rupee came under sharp pressure on Monday as rising crude oil prices, the US-Iran deadlock and Prime Minister Narendra Modi’s fuel conservation appeal triggered fresh concerns among traders about India’s external finances. Rupee Weakens Against US Dollar The rupee weakened sharply against the US dollar, crossing the 95 mark in early trade before […]
rupee
Business Finance

Rupee Falls 28 Paise Against US Dollar

By BPN News Desk
The rupee weakened by 28 paise to 94.77 against the US dollar in early trade on Thursday, reversing part of its previous session gains as uncertainty over a possible US-Iran agreement weighed on currency market sentiment. Rupee Falls Against US Dollar At the interbank foreign exchange market, the rupee opened at 94.77 against the dollar, […]
rupee
Business Finance

Rupee Falls To Record Low Of 95.40

By BPN News Desk
The Indian rupee fell to a fresh record low of 95.40 against the US dollar in early trade on Tuesday, extending its decline as rising crude oil prices and global uncertainty kept pressure on the currency. Indian Rupee Hits Record Low The rupee weakened by 17 paise from its previous close and touched 95.40 against […]
RBI
Business Finance

RBI Tightens Bad Loan Rules For Banks

By BPN News Desk
The Reserve Bank of India has issued final rules for banks to identify and provide for possible loan losses earlier, bringing India’s bad loan framework closer to global regulatory standards. RBI Expected Credit Loss Rules The new framework will require banks to set aside funds for expected credit losses instead of waiting for borrowers to […]
PayTM
Business Finance

Paytm Payments Bank To Be Wound Up

By BPN News Desk
Paytm Payments Bank To Be Wound Up Paytm Payments Bank will be wound up after the Reserve Bank of India cancelled its banking licence, more than two years after the regulator imposed strict business restrictions on the payments bank. RBI Cancels Paytm Payments Bank Licence The RBI cancelled the licence of Paytm Payments Bank under […]
rupee
Business Finance

Rupee Weakens To 94.29 Against US Dollar

By BPN News Desk
Rupee Weakens To 94.29 Against US Dollar The Indian rupee weakened for the fifth straight session on Friday, slipping to 94.29 against the U.S. dollar in afternoon trade. The fall came as higher crude oil prices, safe-haven dollar demand and uncertain U.S.-Iran peace talks weighed on emerging market currencies. Indian Rupee Falls For Fifth Session […]
RBI
Business Finance

RBI Partially Rolls Back Rupee Derivative Curbs

By BPN News Desk
The Reserve Bank of India has partially rolled back its recent emergency restrictions on rupee derivative trading after volatility in the currency market eased. The move signals a shift from crisis control toward restoring normal market activity, although some safeguards remain in place to prevent speculative pressure and distorted trades. RBI Partially Eases Rupee
icici
Business Finance

ICICI Bank Q4 Profit Rises To Rs 14,755 Crore

By BPN News Desk
ICICI Bank reported a rise in profit for the March quarter of FY26, with consolidated net profit increasing 9.28% year-on-year to Rs 14,755 crore. The quarterly performance was supported by lower provisions, steady credit growth and continued strength in core banking operations. On a standalone basis, net profit came in lower than the consolidated figure, […]