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RBI issues draft CCR framework aligned with global standards
The Reserve Bank of India has released draft rules for banks. These rules cover how banks calculate risks from derivative deals. They also set capital needs for banks dealing with central counterparties. The guidelines aim to align with global standards. Feedback is open until July 2026. New rules start April 2027.
Power finance cos turn to global markets for cheaper funds
Indian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made foreign currency borrowing cheaper. Companies like REC and PFC are planning to raise significant funds through external commercial borrowings. This move is expected to lower borrowing costs for these public sector undertakings.
Explained: How AI mania has thrown India Inc out of MSCI EM's top 10 and world's top 100 list
Indian companies are no longer in the top 10 of the MSCI Emerging Markets Index. A surge in AI stocks has shifted global capital. Taiwan and South Korea's chipmakers now dominate the index. Reliance Industries and HDFC Bank have fallen in global rankings. India's market weight has hit a six-year low. This concentration is driven by strong company growth.
Bond market reforms could bring billions in foreign capital to India
A series of measures announced by the RBI and the government could bring up to $50 billion of foreign capital into India, according to analysts. The package includes incentives for FCNR deposits, easier access to government bonds for foreign investors, and tax relief on government securities. Brokerages including Deutsche Bank, Macquarie and Jefferies believe the steps could support the rupee, lower borrowing costs, help bridge India's balance-of-payments gap, and strengthen its case for inclusion in more global bond indices.
Government and RBI building vital buffer against external volatility by appropriate liquidity measures to support inflow of foreign capital: FICCI
Mr Anant Goenka, President, FICCI said, FICCI welcomes the RBIs decision to keep the policy repo rate unchanged at 5.25 per cent while maintaining a neutral stance. This is a balanced and prudent decision given the heightened global uncertainty and maintaining policy stability at this juncture provides confidence to businesses and investors alike. FICCI also welcomes the proactive regulatory measures announced by the Ministry of Finance and the RBI to strengthen external sector resilience and facilitate capital inflows. The decision to review the regulatory framework for Foreign Portfolio Investments in Government Securities along with rationalisation of taxes on such investments will deepen the G-Sec market and attract greater participation of FPIs in Indian government securities.
Chola Securities' Dharmesh Kant sees BFSI earnings revival; likes IndusInd Bank, Axis Bank
Despite recent market volatility, Dharmesh Kant, Head Research at Chola Securities, believes investors should focus on bottom-up stock picking. He expects the banking and financial sector to emerge as a key earnings driver as stable interest rates support margins and treasury income. Among his preferred ideas are Aurionpro Solutions, Tata Technologies, IndusInd Bank, Axis Bank, Bank of India and Aadhar Housing Finance. He also remains positive on the long-term growth prospects of exchanges, AMCs and other capital market plays. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Talent fight heats up in India finance hub as two chiefs quit
GIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resigned. Taral Shah of DBS Bank and Saiju Gandhi of Standard Chartered have left their roles, highlighting a challenge for the growing hub. This comes as global banks expand their presence, attracted by tax incentives and a lighter regulatory framework.
Govt weighs tax cuts to boost foreign bond inflows: Report
India is set to boost foreign investment soon. The government plans to cut taxes on global funds investing in Indian bonds. Ownership limits on certain bonds may also be removed. These measures aim to attract more capital. The Reserve Bank of India is expected to allow unlimited access to some long-term government bonds for overseas investors.
BofA sees FY27 earnings growth slowing to 8.5%; capex outlook stays strong
Amish Shah, Head of India Research at Bank of America Global Research, said higher commodity prices, the West Asia conflict and rising inflation could put pressure on growth and earnings in the first half of FY27. However, he believes the government is unlikely to reduce capital expenditure despite fiscal concerns. Shah also highlighted long-term opportunities in sectors linked to energy security, electric vehicles, defence, AI investments and data centres.
Eternal to ICICI Bank: 15 stocks on Axis Securities buy list for June
Axis Securities has identified 15 stocks for investors to consider in June. These picks span large, mid, and small-cap segments, offering potential gains up to 44%. The brokerage remains optimistic about India's economy despite global challenges. Key recommendations include Eternal, Bharti Airtel, and ICICI Bank. Financials, consumption, and infrastructure-linked businesses are favored.
Canara Bank board approves ₹8,500 crore fundraising plan for FY27
Canara Bank’s board has approved an ₹8,500 crore fundraising plan for FY27 through Basel III-compliant AT1 and Tier II bonds, aimed at strengthening capital buffers and supporting future growth.
Meesho partners with BSE to drive IPO readiness for MSMEs, digital sellers
E-commerce platform Meesho has partnered with the BSE to launch a new initiative aimed at helping micro, small and medium enterprises (MSMEs) and digital businesses transition into publicly-listed companies. The initiative, named 'Project Shikhar', was formalised through a Memorandum of Understanding (MoU) and aims to facilitate the listing of high-performing independent e-commerce sellers on the BSE SME platform, addressing their need for growth capital. BSE Managing Director and CEO Sundararaman Ramamurthy said the exchange pioneered the SME platform to give dynamic, job-creating businesses a direct route to capital markets. "Over the years, the BSE SME platform has enabled hundreds of MSMEs to list, raise growth capital and strengthen governance standards. This partnership with Meesho extends that ecosystem to digital-first entrepreneurs, helping e-commerce sellers become public companies," Ramamurthy said. A substantial segment of India's retail commerce operates in the informa