Anupreksha Jain

Stories by Anupreksha Jain

IDBI employees' forum opposes stake sale to Fairfax, seeks review

IDBI employees' forum opposes stake sale to Fairfax, seeks review

Rediff.com   20 Jul 2026

The United Forum of IDBI Officers & Employees has voiced "profound concern" over the Centre's reported decision to proceed with the strategic disinvestment of its controlling stake in IDBI Bank to Fairfax Financial Holdings, urging a parliamentary review of the proposed sale.

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

Rediff.com   15 Jul 2026

The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

Rediff.com   7 Jul 2026

India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.

NBFC access to term money market may lift volumes by 40-60%

NBFC access to term money market may lift volumes by 40-60%

Rediff.com   2 Jul 2026

The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.

RBI Proposes AI Risk Management Framework

RBI Proposes AI Risk Management Framework

Rediff.com   25 Jun 2026

Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.

India's Net FDI Jumps Fourfold to $6.58 Billion in April

India's Net FDI Jumps Fourfold to $6.58 Billion in April

Rediff.com   23 Jun 2026

India's net foreign direct investment (FDI) surged more than fourfold to $6.58 billion in April 2026, driven by a significant increase in equity inflows and reduced repatriation by foreign investors, according to the Reserve Bank of India (RBI).

Market participants expect RBI to provide weekly updates on FCNR (B) inflows

Market participants expect RBI to provide weekly updates on FCNR (B) inflows

Rediff.com   22 Jun 2026

Market participants are keenly awaiting regular, preferably weekly, updates from the Reserve Bank of India (RBI) on Foreign Currency Non-Resident (Bank), or FCNR (B), deposits, following the central bank's directive for banks to submit daily data on these inflows.

Banking liquidity surplus stays over Rs 5 trn

Banking liquidity surplus stays over Rs 5 trn

Rediff.com   16 Apr 2026

India's banking system is grappling with a persistent liquidity surplus exceeding Rs 5 trillion, driven by significant government spending and bond redemptions, leading market participants to anticipate the Reserve Bank of India will step up Variable Rate Reserve Repo operations to manage the excess funds.

'Bank borrowings to dominate NBFC funding mix in FY27'

'Bank borrowings to dominate NBFC funding mix in FY27'

Rediff.com   16 Apr 2026

CRISIL Ratings predicts that the share of bank loans in NBFCs' overall borrowings will increase to 44-45 per cent by FY27, driven by elevated bond yields and softening bank lending rates.

Bank credit grows at 16.08% in FY26, deposits rose by 13.47%, fastest since FY24

Bank credit grows at 16.08% in FY26, deposits rose by 13.47%, fastest since FY24

Rediff.com   16 Apr 2026

Indian bank credit expanded by 16.08 per cent year-on-year in FY26, marking its fastest pace since FY24, while deposits grew by 13.47 per cent, according to RBI data. Experts caution that year-end figures may be inflated due to reporting date changes, but acknowledge strong momentum in corporate, MSME, and retail segments.

NBFCs see rise in early-stage delinquencies from MSMEs due to West Asia war

NBFCs see rise in early-stage delinquencies from MSMEs due to West Asia war

Rediff.com   15 Apr 2026

Several non-banking financial companies (NBFCs) are observing an increase in early-stage delinquencies within their micro, small and medium enterprises (MSME) loan portfolios, primarily driven by supply chain disruptions and escalating raw material costs exacerbated by the ongoing conflict in West Asia.

RBI introduces new business correspondent norms to expand banking access

RBI introduces new business correspondent norms to expand banking access

Rediff.com   7 Apr 2026

The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.

Gold Reserves Drop Hit Forex Reserves

Gold Reserves Drop Hit Forex Reserves

Rediff.com   28 Mar 2026

The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Rediff.com   22 Mar 2026

The net liquidity surplus in the banking system fell to Rs 16,875 crore on Thursday the latest data by the Reserve Bank of India (RBI) showed, lowest since 22 January.

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Rediff.com   21 Mar 2026

The rupee plunged to a fresh low of 93.72 against the dollar on Friday, falling 1.15 per cent in a single session - its sharpest one-day decline since February 24, 2022 - as elevated crude oil prices and strong dollar demand from oil-marketing companies and foreign portfolio investors (FPIs) weighed on the currency.

Reliance Retail, India's Largest Unlisted Company

Reliance Retail, India's Largest Unlisted Company

Rediff.com   25 Feb 2026

Among the fastest-growing companies by revenue were Tata Electronics, which posted a staggering 3,173% CAGR, followed by Tata Passenger Electric Mobility at 904% and JSW One Platforms at 522%.

Forex Reserves See Sharp Weekly Fall

Forex Reserves See Sharp Weekly Fall

Rediff.com   12 Jan 2026

The previous largest weekly decline was recorded in the week ended November 15, 2024.

India's household debt rises to 41.3% of GDP, above 5-yr avg

India's household debt rises to 41.3% of GDP, above 5-yr avg

Rediff.com   1 Jan 2026

India's household debt climbed to 41.3 per cent of gross domestic product (GDP) at the end of March 2025, marking a sustained rise from its five-year average of 38.3 per cent, with consumption-related loans accounting for bulk of the borrowings, the Reserve Bank of India (RBI) said in its Financial Stability Report.

PSBs rework branch plan to pare costs

PSBs rework branch plan to pare costs

Rediff.com   23 Dec 2025

In order to optimise branch efficiency, public sector banks (PSBs) are reworking their strategies to streamline operations and reduce cost amid changing customer behaviour. The strategies include closing or merging low traffic branches and reducing their size in smaller centres.

Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26

Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26

Rediff.com   12 Nov 2025

Bajaj Finance's shares fell more than 7 per cent on Tuesday after it trimmed growth guidance for FY26, from 24-25 per cent projected earlier to 22-23 per cent.