The Reserve Bank of India rejected all bids for its 8.30%, 2040 paper in its latest open market operation, while accepting the full ₹50,000 crore for other securities. Banks likely bid above market price for the rejected paper, seeking to book profits on illiquid securities. The central bank also has two more OMOs and a...Read More

Exim Bank is set to raise over $1 billion via a dual tranche global bond issue, featuring a landmark 30-year paper, the first for an Indian financial institution. The bank achieved record-low spreads over US benchmarks for both its 10-year and 30-year bonds, indicating strong investor demand.Read More

Small Finance Banks (SFBs) emerged as the largest job creators in the Indian banking sector, with net hiring reaching a five-year high of 26,736 in FY25. This surge is driven by SFBs’ aggressive growth ambitions and plans to expand their balance sheets and distribution networks, particularly in semi-urban and rural areas, as they position themselves...Read More

Reserve Bank of India Governor Sanjay Malhotra has called upon NBFCs and HFCs to bolster their underwriting practices and prioritize customer interests for sustained growth. This directive came during a crucial meeting with top executives from these financial institutions, emphasizing the need for robust sector confidence. The discussion also involved key industry bodies.Read More

Adani Ports reported 9% YoY growth in December cargo volumes, led by an 18% surge in containers. Year-to-date volumes rose 11%, while the stock outperformed markets amid strong financial performance.Read More

Wall ‍Street’s ​main indexes opened higher ⁠on Monday as technology stocks recovered and ‌oil companies ‌surged following the ‌capture of Venezuelan President Nicolas Maduro by the United States in ​a ​military strike.Read More

Shares of the world’s top memory chip providers rose ‍on Monday as investors ​bet on further price gains due to ⁠a global supply crunch driven by surging demand for artificial-intelligence infrastructure.Read More

Indian benchmark indices hit fresh highs on Monday but failed to sustain gains, closing lower. The NSE Nifty ended down 0.3% and the BSE Sensex declined 0.4%, despite upbeat Asian markets. Profit-taking at higher levels and a decline in HDFC Bank contributed to the fall.Read More