Sovereign Gold Bond: The Reserve Bank of India has revealed the early redemption price for a gold bond series known as SGB 2019-20 Series IV. Starting from September 17, 2026, investors are eligible to redeem this bond after five years.…
Read More
The Supreme Court’s recent decision compels the RBI to enforce lawful protocols around vehicle repossession. Financial institutions are now required to follow due process when they seize vehicles that have been hypothecated. The ruling also mandates a finance company to…
Read More
Unity Small Finance Bank submitted names for its next MD & CEO to the RBI around the end of July, with regulatory approval expected in the next 2-3 weeks, people aware of the development told ETBFSI. The lender confirmed its…
Read More
The rupee has slipped against the US dollar, crossing the 96 mark for the first time in two months. Factors such as global uncertainty and high crude oil prices have placed additional strain on the domestic currency. Meanwhile, the recent…
Read More
The recently introduced US House bill might enforce a staggering 100 percent tariff on goods from India, aiming at nations buying Russian energy resources. India, which has grown increasingly dependent on Russian crude oil—now covering more than 88 percent of…
Read More
Air India’s financial woes deepened as it recorded a consolidated loss of over Rs 22,000 crore for the fiscal year 2025-26. While overall income dropped, total expenses surged, particularly in aircraft repairs, even as fuel costs declined. Adding to the…
Read More