Piyush Shukla
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Rupee Under Pressure: Indian Currency's FY26 Performance Worst In Last 14 Years
This comes after the rupee's relatively moderate declines in recent years, including a 2.4% fall in fiscal 2025 and 1.46% in fiscal 2024.
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RBI Puts A Lid On Banks' US Dollar Exposure — What Has Changed And Why It Matters
Banks have approached the RBI seeking relaxation on the NOP diktat. Large banks' officials met with RBI officials on Saturday and conveyed their concerns on the immediate hit to profitability if the new rules are implemented from next month.
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Banks Dial RBI Seeking Relaxation On $100-Million NOP-Ceiling Diktat
Bankers say move could lead to dent in lenders' profitability
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Rupee Under Pressure: Is 95/$ The New Normal? Experts Weigh In
The Indian currency may continue to weaken in a calibrated manner, with levels around over 95 per US dollar appearing increasingly likely, analysts say.
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Fino Payments Bank CEO Rishi Gupta Granted Bail In Tax Evasion Case
Despite Gupta's arrest, Fino Payments Bank said it recorded highest-ever deposit balance of Rs 2,900 crore in March.
