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Wednesday, December 31, 2025

Growth outlook: Indian economy set to post high growth despite global headwinds; RBI flags domestic demand strength

India's economy is set for robust growth, propelled by strong domestic demand and investment, even amidst global uncertainties. Reserve Bank of India Governor Sanjay Malhotra emphasized the central bank's commitment to financial stability, consumer protection, and responsible innovation.

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Aim to apply for universal bank licence in a decade: Fino Bank



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Investment planning: Stocks, FDs, gold, crypto & more — your smart money guide to 2026

Financial assets in 2026 will be shaped by central bank actions and trade deal prospects, amidst expected volatility. Investors should approach stocks with caution, while gold and silver are poised for continued gains. Mutual funds are set to cross $1tn AUM, and bond yields may rise.

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Bank holiday on New Year: Will banks remain closed on December 31, 2025 & January 1, 2026? Check state-wise list

As 2025 concludes, Indian banks will observe varied closures on December 31 and January 1. Mizoram and Arunachal Pradesh will shut on New Year's Eve, while several other states, including Tamil Nadu and West Bengal, will close on January 1 for New Year's Day and local festivals. Digital banking remains accessible for essential transactions.

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Tuesday, December 30, 2025

Bank profits rise for 7th year, bad loans fall to multi-year low



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KYC update backlog directive: RBI warns banks on rejections; new fraud rules planned

The RBI is intensifying efforts to combat financial fraud and bolster customer protection. Banks are directed to expedite KYC updates, especially in rural areas, and avoid arbitrary rejections. New guidelines are forthcoming to tackle mis-selling, while advanced technologies like MuleHunter.ai are being deployed to counter sophisticated cyber threats and enhance digital financial literacy.

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ATMs reduce in India in FY25; fueled by shift to digital payments: RBI

The number of ATMs in India has decreased as digital payments gain traction, reducing the need for cash withdrawals. While private and public sector banks reduced their ATM networks, white label operators expanded. Bank branches, however, saw growth, particularly in rural and semi-urban areas, with basic savings accounts also increasing.

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Monday, December 29, 2025

Gold seen as top commodity of 2026; driven by central bank buying, geopolitics: Goldman Sachs



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US holds top spot as Taiwan's largest bank debtor for 41st straight quarter

The United States remains the top debtor of Taiwan banks for the 41st straight quarter. This means the U.S. owes more money to Taiwanese banks than any other country. According to a report by Focus Taiwan, this trend has continued for more than ten years without any change at the top spot.

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Stocks to buy: What's the outlook for Nifty for the week starting December 29, 2025? Check list of top stock recommendations

Stock market recommendations: Sudeep Shah, Head - Technical Research and Derivatives at SBI Securities recommends buying Karur Vysya Bank, and Gujarat Mineral Development Corporation.

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IOB set to raise 4,000 crore; Centre’s stake to fall

Indian Overseas Bank plans to raise Rs 4,000 crore via a qualified institutional placement in Q4 FY26. This significant fundraise, potentially the bank's largest in a decade, will further dilute the Union government's stake by an estimated 3% to 3.5%.

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Sunday, December 28, 2025

Vigilance oversight: FinMin tells PSU banks, insurers to promptly flag adverse inputs on board-level executives; lapses raise concerns

Government mandates public sector banks and financial institutions to promptly report vigilance issues concerning directors. Delayed or incomplete disclosures of adverse information, including private complaints and court observations, have been noted.

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Market recap: 7 of top 10 valued firms lose Rs 35,439 crore in Mcap; SBI, Reliance among worst hit

Seven of India's top ten companies experienced a combined market capitalization loss of Rs 35,439.36 crore in a holiday-shortened week, despite the broader market index closing higher. SBI, Reliance Industries, and Bajaj Finance saw the steepest declines, while HDFC Bank, Infosys, and Bharti Airtel posted gains.

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Saturday, December 27, 2025

Ex-Srei promoters committed over 2,400cr loan fraud: PNB

Punjab National Bank has reported a loan fraud of Rs 2,434 crore by the former promoters of Srei Infrastructure Finance and Srei Equipment Finance. This action follows the RBI's insolvency order four years ago and could prompt investigations by agencies like the CBI and ED into the alleged misuse of funds.

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Friday, December 26, 2025

Top stocks to buy today: Stock recommendations for December 26, 2025 - check list

Stock market recommendations: Bajaj Broking Research recommends buying Lloyds Metals and Energy, and Kotak Mahindra Bank on December 26, 2025 with a 12-month horizon. Here’s its view on Nifty and Bank Nifty:

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Thursday, December 25, 2025

Rupee's fall triggers fund transfer: Rich Indians rush to park money overseas; banks roll out additional regulations

Indian banks are intensifying scrutiny on overseas money transfers, demanding detailed proof of fund origins from individuals and businesses. This heightened caution, particularly for remittances from NRO accounts, arises amid the rupee's slide and increased customer urgency to move funds abroad, leading to compliance hurdles.

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Private banks lead small business lending; PSBs lost share in last 2 years: Report

Private banks continue to dominate enterprise lending to small businesses in India, closely followed by public sector banks (PSBs), though the latter have seen a decline in their market share over the past two years, according to a report by Small Industries Development Bank of India (SIDBI) and CRIF High Mark, India's first full-service credit information bureau.

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Faster cheque clearance gets delayed; banks not ready: RBI

The Reserve Bank of India has delayed the second phase of its faster cheque clearance system, originally set for January 3rd. This decision comes after some banks experienced operational difficulties during the initial phase. The postponed phase aims to clear cheques within three hours of realization, significantly reducing settlement times for customers.

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SFIO probes IndusInd’s Rs 1,960 crore derivatives hole

IndusInd Bank is under formal investigation by the Serious Fraud Investigation Office (SFIO) following accounting lapses related to internal derivative trades. The probe, triggered by a December 2025 letter, concerns issues with derivatives, "other assets/liabilities," and microfinance income, impacting the bank's P&L and net worth.

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Wednesday, December 24, 2025

Rail funding: IRFC extends Rs 9,821 crore loan to DFCCIL; World Bank debt refinanced in rupee terms

Indian Railway Finance Corporation (IRFC) has provided a Rs 9,821 crore loan to DFCCIL to refinance its World Bank foreign currency debt for the Eastern Dedicated Freight Corridor. This rupee-denominated loan aims to reduce exchange rate volatility for DFCCIL and highlights domestic institutions' capacity for large infrastructure projects.

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Bank holiday on Christmas: Will banks remain shut today and tomorrow? - check full list

Confused about bank operations this Christmas? While Christmas Day sees nationwide closures, Christmas Eve is a holiday only in Mizoram, Nagaland, and Meghalaya. Other state-specific holidays also affect banking. Plan ahead for branch visits, as digital services remain accessible. Check local lists to avoid festive season disruptions.

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Deal approvals: CCI clears Blackstone’s Federal Bank entry; Tata Steel gets nod for BlueScope buyout

The Competition Commission of India has greenlit Blackstone's acquisition of up to 9.99% stake in Federal Bank via warrants, marking the US private equity giant's entry into the private lender. Additionally, CCI approved Tata Steel's complete takeover of Tata BlueScope Steel, consolidating its control over the joint venture.

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Tuesday, December 23, 2025

Liquidity push: RBI announces Rs 2 lakh crore bond buys and $10 billion swap; steps up support for banking system

The Reserve Bank of India is injecting Rs 2 lakh crore into the banking system through government security purchases and a $10 billion dollar-rupee swap. These measures, scheduled between late December 2025 and January 2026, aim to stabilize market conditions and ensure adequate liquidity. The central bank will continue monitoring the situation closely.

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Global giants bank on Indian-origin CFOs

Indian-origin finance chiefs are increasingly leading global giants like Unilever, Tesla, and Mastercard. A study reveals over a dozen multinational corporations have appointed Indian descent CFOs, many educated in India. This trend highlights the evolving role of CFOs as strategists, adept at navigating complex markets and demonstrating resilience, a skill honed by the Indian education system and professional experiences.

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Monday, December 22, 2025

Stocks to buy: What's the outlook for Nifty for the week starting December 22, 2025? Check list of top stock recommendations

Stock market recommendations: SBI Securities' Sudeep Shah identifies KEI Industries and JK Tyre & Industries as top stock picks for the week starting December 22, 2025. Nifty and Bank Nifty show indecision with narrow ranges but potential for upside on breakouts, while broader indices recover, indicating renewed buying interest.

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Rupee continues healing: Currency rises 22 paise in early trade; reaches Rs 89.45 against US dollar

The Indian rupee is showing a strong recovery, gaining 22 paise to 89.45 against the US dollar today, following recent record lows. This rebound is attributed to likely Reserve Bank intervention, corporate inflows, and falling crude oil prices. Experts predict a significant strengthening in the latter half of the next financial year, suggesting the current weakness is temporary.

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Asian stocks today: Market trades in green lifted by tech equities; Nikkei nears 2% gains while yen suffers

Asian stocks advanced, mirroring Wall Street's gains, with tech sentiment boosting markets. Japan's yen hit record lows against the euro and Swiss franc, despite the Bank of Japan raising interest rates. South Korea's market surged on AI optimism, while commodities like silver and gold reached new highs. Oil prices also climbed following US intervention with Venezuelan tankers.

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Gold price hits record high! Yellow metal jumps to $4,383.76 in early trade — What's driving the rally?

Gold prices reached a record high, driven by expectations of further US Federal Reserve interest rate cuts and a weaker dollar. The yellow metal's appeal as a safe haven has been bolstered by geopolitical tensions and central bank buying, with silver also experiencing significant gains.

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Sunday, December 21, 2025

Market recap: 6 of top-10 most valued firms add over Rs 75,250 crore to mcap; TCS, Infosys lead gains

Indian blue-chip stocks saw a mixed week, with six of the top ten companies gaining Rs 75,256.97 crore in market value despite a slight dip in the broader market. TCS and Infosys led the surge, while Reliance Industries also posted significant gains. Conversely, HDFC Bank experienced the steepest fall in valuation.

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India-Oman CEPA to boost trade, MSME exports, energy security: Bank of Baroda economist

India has taken another significant step towards deepening its integration with global supply chains by signing a Comprehensive Economic Partnership Agreement (CEPA) with Oman, a move expected to expand bilateral trade, strengthen MSME-led exports and enhance India's energy security, according to Dipanwita Mazumdar, Economist at Bank of Baroda.

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Data breach case: US court approves Infosys McCamish's proposed $17.5 million settlement

A US court has granted final approval for Infosys McCamish's $17.5 million settlement in class action lawsuits stemming from a 2023 cybersecurity incident. The settlement resolves all allegations related to the breach, which Bank of America identified as originating from the Infosys subsidiary and affecting over 57,000 customers. The agreement becomes effective if no appeals are filed within 30 days.

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Commodity trade entry by banks, insurers on table

Sebi is collaborating with RBI and the insurance regulator to allow banks and insurance companies to participate in commodity derivatives markets. Working groups are also reviewing measures to deepen the Agri Commodity Derivatives ecosystem and optimize the regulatory framework for margins, position limits, and delivery mechanisms.

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Saturday, December 20, 2025

World Bank funding boost for Pakistan: $700m tranche approved under multi-phase plan

The World Bank has approved $700 million in fresh financing for Pakistan to bolster macroeconomic stability and enhance public service delivery. This funding, part of a larger $1.35 billion program, will support federal initiatives and a provincial project in Sindh, signaling continued multilateral support despite governance concerns.

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RBI board gives nod to deposit insurance rates based on risks

The Reserve Bank of India's central board has approved a shift to a risk-based pricing system for deposit insurance, moving away from the current uniform premium. This reform will allow better-rated banks to pay lower premiums, while weaker institutions will face higher charges, reflecting their financial strength.

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ED quizzes Anil Ambani's son, summons him again

Enforcement Directorate questioned Anil Ambani's son, Jai Anmol, for over seven hours in a Yes Bank money laundering probe. He's summoned again Saturday to clarify transactions. The ED alleges a quid-pro-quo between Ambani's group and Yes Bank promoter Rana Kapoor, leading to substantial losses for the bank due to significant exposure to Ambani's companies.

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Friday, December 19, 2025

Asian stocks today: Markets inch higher as US inflation remains low; Nikkei adds over 1%, HSI trades flat

Asian markets rallied Friday, buoyed by easing US inflation data and strong chipmaker Micron earnings, sparking hopes of interest rate cuts. Despite some analysts cautioning about data distortions, Wall Street reacted positively. Japan's Nikkei surged as the Bank of Japan is expected to hike rates, potentially strengthening the yen against a weakening dollar.

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Japan hikes interest rates to 30-year-high

The Bank of Japan hiked interest rates to a 30-year high of 0.75 percent on Friday, the first increase since January, as it said the economy had shown signs of improvement. However, with worries about the global outlook and US tariffs growing, it paused at the start of 2025, with the last increase in January taking rates to their highest level in 17 years.

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Japan inflation holds steady ahead of BoJ rate decision

Japan's inflation rate held steady in November, official data showed Friday ahead of the Bank of Japan's monetary policy decision which could see central bankers raise interest rates to their highest level in 30 years. Since taking office, however, she has said monetary policy decisions should be left to the Bank of Japan (BoJ).

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Thursday, December 18, 2025

Rupee heals after historic lows! Currency opens 6 paise up against US dollar — What lies ahead?

The Indian rupee is showing a tentative recovery against the US dollar, climbing after hitting historic lows earlier this week. Aggressive intervention by the Reserve Bank of India is credited with this rebound, as the central bank sold dollars to curb depreciation.

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Rupee snaps 5-day losing streak! Indian currency rebounds from all-time low level against US dollar; What halted the one-way slide?

The Indian rupee halted its five-day decline, gaining 55 paise to close at 90.38 against the US dollar. This recovery is attributed to suspected aggressive intervention by the Reserve Bank of India, which sold dollars to support the currency. The rupee's earlier slide was driven by external factors like trade deficits and investment outflows.

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Wednesday, December 17, 2025

Axis Bank partners Google Pay to launch UPI credit card



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Rupee stays record low! Indian currency opens at 91.07 against US dollar; slips 0.05% from previous close

The Indian Rupee hit a record low of 91.07 against the US dollar on Wednesday, pressured by portfolio outflows and stalled trade talks. The Reserve Bank of India intervened to support the currency, which rebounded to around 90.25. This marks the fourth consecutive session of record lows, with the rupee down nearly 1% in five sessions and about 6% year-to-date.

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HDFC gets RBI nod to hike stake in IndusInd Bank to 9.5%



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Tuesday, December 16, 2025

HDFC Bank gets RBI nod to hold up to 9.5% in IndusInd Bank

The Reserve Bank of India has approved HDFC Bank to acquire up to 9.5% stake in IndusInd Bank, primarily for portfolio investments by its group companies. This approval, valid for one year, allows aggregate holdings by mutual fund and insurance arms without conferring board representation or control.

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Axis Bank sees 7.5% GDP growth, not overly concerned about the rupee



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Your credit report goes weekly: What RBI’s new rules mean for EMIs, cards and loans

The Reserve Bank of India is enhancing credit reporting, moving from monthly to 15-day updates and proposing weekly reporting by July 2026. This aims to accelerate the reflection of good borrower behavior, improve fraud detection, and provide a more accurate, near real-time credit profile for consumers.

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Top stocks to buy today: Stock market recommendations for December 16, 2025 - check list

Stock market recommendations: Mirae Asset Sharekhan's Somil Mehta suggests buying Union Bank of India, UPL, and Britannia Industries today, December 16, 2025. These stocks are poised for an uptrend, showing positive momentum and consolidating near key moving averages.

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Monday, December 15, 2025

Stocks to buy: What's the outlook for Nifty for the week starting December 15, 2025? Check list of top stock recommendations

Stock market recommendations: SBI Securities' Sudeep Shah highlights BHEL and Ashok Leyland as top stock picks. Nifty shows resilience, consolidating near all-time highs, with support at 25,700. Bank Nifty, however, lags, trading sideways.

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Asian stocks today: Markets mostly in red after Wall Street's slump; HSI nears 1% loss, Nikkei trims over 740 points

Asian shares declined Monday, mirroring a weak Wall Street close, as Chinese investment data showed ongoing economic weakness. Tokyo's Nikkei plunged amid anticipation of a potential Bank of Japan rate hike, while US futures showed a slight uptick. Tech stocks dragged down US markets on Friday, though some consumer-reliant companies remained resilient.

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Top stocks to buy: Stock recommendations for the week starting December 15, 2025 - check list

Stock market recommendations: Motilal Oswal Financial Services has identified SBI Life and RBL Bank as top stock picks for the week of December 15, 2025. SBI Life shows strong growth in key metrics like APE and VNB, driven by product mix shifts. RBL Bank's prospects are significantly boosted by Emirates NBD's substantial investment, enhancing its financial strength and operational capabilities for future expansion.

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