The Sensex was down 604.72 points or 0.72% at 83,576.24, while the Nifty was down 193.55 points or 0.75% at 25,683.30. Among the sector, PSU Banks, Oil & Gas, IT, PSE, and Metals remained strong footed, while weakness was seen in Realty, Private Banks, Financial Services, FMCG, and Consumer
Talking about the RBI's actions on banks and other regulated entities, the governor said the purpose of enforcement actions undertaken by the Reserve Bank is generally not punitive.
Loan growth remained robust across the system, with private banks reporting year-on-year growth of about 11% and state-owned banks posting over 12% growth. NBFCs also continued to see healthy expansion in assets under management, the report said.
Most Indian banks recorded an increase in market capitalisation during the October-December quarter, supported by festive season demand and cuts in the goods and services tax (GST), according to S&P Global Market Intelligence data.
The Reserve Bank of India (RBI) proposes to raise the dividend payout cap for banks to 75 per cent of net profit from the earlier limit of 40 per cent.
The Reserve Bank of India (RBI) has invited public comments on the draft "Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026", proposing a revised framework for declaration of dividends and remittance of profits by banks.
Gold as a reserve currency by global central banks may continue in 2026, the pace, however, may slow, driven by easing geopolitical risks, evolving monetary policy dynamics and potential shifts in the US dollar trajectory, according to a recent report by YES Bank Economics Research.
Global credit rating agency Fitch Ratings on Tuesday said a tighter risk framework is helping in strengthening India's bank operating environment, reflecting improving systemic resilience and risk controls in the Indian banking sector.
Global monetary policy is expected to remain largely accommodative in 2026, even though most of the easing in the current cycle has already taken place during 2024 and 2025, according to a report by MUFG Bank (Mitsubishi UFJ Financial Group).
Union Minister of Civil Aviation, Ram Mohan Naidu on Sunday responded to the guidelines issued by the Directorate General of Civil Aviation (DGCA) prohibiting the carrying of power banks in the aircrafts, stating that the rules and regulations are issues in view of passenger and flight sa
In Ayodhya, pilgrims gathered in huge numbers at the banks of the Sarayu River from early morning to perform the sacred bath, chanting hymns and offering prayers.
It was attended by member ministries or departments, i.e., the Ministry of Home Affairs (MHA), the Ministry of External Affairs (MEA), the Department of Commerce (DoC) and the Reserve Bank of India (RBI), according to an official release by the Ministry of Finance.