No material concerns, HDFC Bank has sound financials: RBI

No material concerns, HDFC Bank has sound financials: RBI

The RBI confirmed that the bank is well-capitalised, has sufficient liquidity, and continues to be managed by a professional board and competent leadership. It also approved a temporary transition arrangement, appointing Keki Mistry as interim part-time chairman for three months starting March 19. 14 days ago
US‑Iran‑Israel war: Rupee hits record low of ₹92.18 against US dollar amid surging oil prices and geopolitical tensions

Rupee hits record low of 92.63 amid firm dollar, import pressures

The Indian rupee weakened to a record low of 92.63 against the US dollar, surpassing its previous all-time low amid ongoing Middle East tensions. Elevated oil prices driven by the conflict have increased import costs, triggered capital outflows, and heightened macroeconomic risks for India 15 days ago