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 […]
eam jaishankar
International

India Clears Rs 3,000 Crore For Maldives

By BPN News Desk
India has approved the first withdrawal of Rs 3,000 crore for the Maldives under the SAARC Currency Swap Framework, continuing its financial assistance to the island nation. India Maldives Currency Swap Support The funds are being released as the first drawdown under the Framework on Currency Swap Arrangement for SAARC countries. The arrangement was signed […]
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
RBI
Finance

RBI Caps Rupee Open Positions At $100 Million

By BPN News Desk
The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million in the onshore deliverable market, in a move aimed at containing currency volatility after the rupee fell to a record low against the US dollar. The step comes as pressure on the Indian currency has intensified amid higher […]
RBI
Economy National

Rupee Under Pressure Near Record Low

By BPN News Desk
The Indian rupee is expected to remain under pressure near record lows despite some relief from falling oil prices, as maturing non-deliverable forward positions and capital outflows continue to drive dollar demand. The Reserve Bank of India was seen intervening through state-run banks to limit further losses, helping the rupee hold just above its weakest-ever […]
rupee
Economy National

Rupee Hits Record Low In Early Trade

By BPN News Desk
The rupee fell 31 paise to 92.32 against the US dollar in early trade on Thursday, hitting a fresh record low as rising crude oil prices and broader risk aversion weighed heavily on the Indian currency. The sharp move came amid renewed pressure on emerging market assets after energy markets reacted to escalating tensions in […]