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financeBank Holiday Today: Muharram 2026 Closures on June 26
Banks in certain Indian states will be closed today, June 26, 2026, for Muharram. Customers should plan accordingly, utilizing online services where possible.
financeRBI Draft Rules to Allow Short Positions in Government Securities
The RBI has proposed draft rules to allow short positions in government securities, aiming to enhance market liquidity and price discovery. Public feedback is open until July 17.
financeManaging Couple Finances: Joint, Separate, or Both Accounts?
Managing finances as a couple involves choosing between joint, separate, or both types of accounts. Each approach has its benefits and challenges, and the best choice depends on the couple's unique circumstances and goals.
financeBanking Liquidity Hits Fiscal-Year Low Amid Tax Outflows
India's banking liquidity has dropped to a fiscal-year low due to advanced tax outflows. The RBI is managing the deficit through Variable Rate Repo operations. Liquidity is expected to improve in the second quarter with foreign inflows.
financeTDS on Rent Over Rs 50,000: Avoid Tax Notices with Compliance
Tenants paying over Rs 50,000 in rent must deduct and deposit TDS to avoid tax notices. Non-compliance can lead to penalties, making awareness crucial.
financeHDFC Bank Raises $750 Million via Offshore Bonds Under RBI Swap
HDFC Bank has raised $750 million via offshore bonds, the first under RBI's special swap plan. The issuance attracted strong demand, particularly from Asian investors. This move is expected to lead other banks and public sector units to leverage the RBI facility.
financeRBI Restricts Banks from Bundling Third-Party Products
The RBI has issued guidelines prohibiting banks from bundling third-party products with their own, effective January 1, 2027. This move aims to prevent aggressive sales tactics and mis-selling, ensuring customers can independently choose third-party providers.
financeSEBI Proposes Changes to AMC Executive Pay Disclosure Norms
SEBI is considering changes to executive pay disclosure norms for asset management companies, aiming to balance transparency with privacy concerns. The proposed framework would alter how remuneration details are reported, potentially impacting talent retention and competitive dynamics.
financeBanks Offer 7% on Dollar Deposits Amid Rupee Defense Strategy
Yes Bank and AU Small Finance Bank offer 7.1% on five-year deposits to non-residents, following RBI measures to attract foreign capital and support the rupee. Larger banks face less pressure to raise rates, while smaller banks offer higher yields to attract new customers.
financeUK Regulator Adjusts Money Market Fund Rules Amid Resilience Concerns
The UK's Financial Conduct Authority has revised its money market fund rules, softening initial proposals to enhance fund resilience while addressing investor needs. The updated guidelines set expectations for liquid asset holdings in stable and variable NAV funds.
financeCorporate Bonds and Long Gilts Gain Favor as RBI Holds Rates
Fund managers recommend investing in corporate bonds and long-tenure gilt funds as the RBI maintains its repo rate at 5.25%. This strategy is driven by attractive yields and potential tax benefits for foreign investors.
financeRupee Set for Recovery to 92/USD on Capital Inflows Post RBI Move
The Indian Rupee is expected to recover to 92 against the US Dollar, driven by fresh capital inflows following the RBI's move to allow greater foreign access to government securities. This strategic decision aims to stabilize the currency and attract more investment.
financeStable Rates Boost Confidence in India's Real Estate Market
With retail inflation easing to 3.48% in April, the RBI's decision to maintain stable interest rates is boosting confidence in India's real estate market. Developers see predictability as key to sustaining momentum, especially in mid and premium housing segments.
financeRBI Policy Aligns with Expectations, No Immediate Rate Hike Seen
The RBI's recent policy announcement aligns with market expectations, featuring a capital gains tax exemption for FPIs in government securities. Inflation forecasts have been raised, while growth projections are slightly trimmed, reflecting global economic challenges. The rupee's stability is expected to improve with recent policy measures.
financeRBI Revives Crisis Strategy to Boost Dollar Inflows
The RBI is absorbing hedging costs on 35-year FCNR(B) deposits to attract more NRI dollars, echoing strategies from the taper tantrum crisis. This move aims to bolster foreign exchange reserves and stabilize the rupee.
financeMarcellus Launches Global Equities Fund Targeting AI and Defence
Marcellus Investment Managers is launching a Global Equities Fund, open from June 8 to June 19, focusing on defence, AI, and luxury themes. The fund targets Indian investors seeking overseas diversification amid domestic market concentration risks.
financeICICI Bank, AU Small Finance Bank Lead Earnings Revival in Banking
India's banking sector is set for an earnings revival with private lenders like ICICI Bank and AU Small Finance Bank leading the charge. Stabilizing margins and normalizing credit costs are key factors driving this recovery.
financeBank Holidays in June 2026: 11 Days of Closures Nationwide
In June 2026, Indian banks will observe 11 holidays, varying by state. Online banking services will remain operational, ensuring continuous access to financial services. Customers are advised to plan in-person banking activities around these closures.
financeCrisil Predicts Decline in Bank RoA Amid Treasury and Provisioning Pressures
Crisil forecasts a 10-15 basis point decline in banking sector RoA to 1.15-1.2% this fiscal year, driven by softer treasury income and increased provisioning. Despite this, RoA remains above long-term averages, indicating sector resilience.
financeBank Holiday on May 27: Check Closures for Bakrid
Several banks, including SBI, ICICI, and HDFC, will observe a holiday on May 27 for Bakrid. The holiday schedule varies by region, affecting banking operations differently across states. Customers are advised to check their region's specific schedule.
financeBarbell Strategy for Fixed Income: Navigating Yield Volatility
Debt fund managers are using the 'barbell' strategy to manage yield volatility, as explained by Basant Bafna of Mirae Asset Mutual Fund. This approach involves allocating investments at both ends of the duration spectrum to balance risk and return.
financeAI Data Center Financing Raises Concerns on Wall Street
The rapid rise in borrowing for AI data centers is causing concern on Wall Street, with potential credit risks reminiscent of past financial crises. Indian investors should be cautious of global market impacts.
financeNY Fed's Strategy to Navigate Lower Reserve Demand
The NY Fed's Lorie Logan Perli emphasizes the flexibility of the Fed's monetary policy toolkit amidst declining reserve demands. This strategic adjustment, including reduced Treasury bill purchases, is crucial for global financial stability and has implications for Indian markets.
financeMutual Funds Boost Holdings in Key Stocks, Shares Surge
Mutual funds in India increased their holdings in nine key stocks in April 2026, leading to significant share price rallies. This trend underscores strong institutional confidence and presents potential opportunities for retail investors.