Brief Resume of the Appointed Member Mr. Ahmed Al-Rashed has over 22 years of professional experience in the fields of governance, risk management, compliance, and cybersecurity. Throughout his career, he has held senior leadership positions at several prominent organizations across the banking, telecommunications, and financial sectors, including SAB First Bank, Al Rajhi Bank, Zain Telecommunications, the Saudi Industrial Development Fund, and Etihad Atheeb Telecommunications Company. He also has ...

The rupee was quoting at 89.8650 per U.S. dollar at 10 a.m. IST on Wednesday, marking a 4.74% decline for the year, its worst showing since 2022 when it dropped nearly 10%. The currency repeatedly fell to record lows during the year, slipping past the ‌91 level at ‌one point, highlighting the sustained depreciation pressure. "The rupee's performance this year was largely a capital-flow story, with the RBI adopting a more pragmatic and flexible approach to the exchange ‌rate and allowing the currency to we ...

MUMBAI The Indian ‍rupee is poisedfor its largest annual fall in three years, weighed down byrecord equity outflows and ​the lack of a U.S. trade deal thatleft it out of the ‌rally across Asia, with prospects for arecovery tied to the trade pact.The ​rupee was quoting at 89.8650 per U.S. dollar at10 a.m. IST on Wednesday, marking a 4.74% decline for the year,its worst showing since 2022 when it dropped nearly 10%.The currency repeatedly fell to record lows during the year,slipping past the 91 level at one p ...

As part of the offers, Vijay Sales is providing MyVS Rewards loyalty points worth a flat Rs 3,000 on purchases of the iPhone 17. These points can be redeemed on subsequent in-store purchases to avail additional discounts.The sale also features attractive deals on older iPhone models such as the iPhone 16, iPhone 16 Plus, iPhone 16E and iPhone 15. In addition to discounts on iPhones, MacBooks and Apple Watches, customers can also avail special pricing on Apple accessories, including chargers, cables, pencil ...

Personal loans can be a go-to credit instrument during financial emergencies, as they are easily and widely available and can be obtained quickly. However, at times, after receiving a personal loan, the financial emergency may no longer be there or may have been postponed. In such a scenario, the borrower is left with no choice but to cancel the loan. In this article, we will examine the personal loan cooling-off period and the cancellation charges for various banks.What is the cooling-off period?In a perso ...

The number of High Net Worth Individuals (HNIs) in India is growing significantly, and the growth rate is expected to remain high in the foreseeable future. Financial services companies are launching various products to cater to the financial needs of the HNI category. Banks are also launching various financial products, including premium credit cards for HNIs and other affluent categories.RBL Bank has recently launched two premium credit cards, LUMIÈRE and NOVA, to help curate extraordinary experiences for ...

The government bond yield curve is likely to flatten in the financial year 2027 (FY27) as the Reserve Bank of India (RBI) is expected to ease supply pressure in the ultra-long segment.Illustration: Dominic Xavier/RediffIn FY26 so far, reduced investments by insurance companies and pension funds pushed up yields on ultra-long tenor securities, steepening the curve.A recalibration of issuance, however, could help normalise yields at the long end in the coming year, experts said. “The upward pressure on ultra- ...

Nifty Bank index began today’s session lower at 59,093 versus Wednesday’s close of 59,184. It inched up after opening and is currently at 59,140, down 0.1 per cent.The advance/decline ratio stands at 6/6. IDFC First Bank (up 1 per cent) and IndusInd Bank (up 0.6 per cent) are the top gainers. On the other hand, Punjab National Bank (down 0.7 per cent) and Bank of Baroda (down about 0.5 per cent) are the top losers in the index.Nifty Private Bank is flat now whereas Nifty PSU Bank is down 0.2 per cent. So, b ...

The move is aimed at encouraging banks to lower lending rates and boost credit demand.Liquidity has remained in deficit since mid-December, forcing banks to borrow daily from RBI - a sign of tight conditions that have constrained lenders from reducing rates despite a 25-basis-point policy rate cut by the central bank earlier this month."To ensure that banking system liquidity surplus stays at 1% of NDTL on a consistent basis until March 2026, there could be space for additional ₹1 lakh crore of OMO (open m ...

商业部门信贷总量与增长 - 截至本财年11月底 商业部门信贷总额（银行与非银行渠道合计）达290.38万亿卢比 较上年同期的256.5万亿卢比增长13.2% [1][7] - 信贷增长势头表明经济增长动力已增强 且可能在印度储备银行宽松的金融条件和大量流动性注入下得以持续 [1][7] 银行与非银行信贷结构 - 在290.38万亿卢比的总信贷中 银行对商业部门的信贷同比增长11.4% 达到194.48万亿卢比 [3][7] - 同期 通过非银行渠道的融资额大幅增长17% 达到95.91万亿卢比 [3][7] 增量资金流向 - 截至11月28日 流向商业部门的增量金融资源（包括银行贷款、非银行金融公司信贷、公司债券）为22.56万亿卢比 较上年同期增长23% [5][7] - 本财年迄今的增量显示 银行部门贡献了12.4万亿卢比 增长18% 而非银行来源贡献了10.1万亿卢比 增长29% [5][7] 融资趋势的结构性转变 - 印度企业正日益通过股权市场和公司债券等非银行渠道满足融资需求 实现资金来源多元化 降低对传统银行贷款的依赖 [7] - 这一趋势反映了在利率宽松周期中 融资方式向市场导向型融资的结构性转变 [7]