India Finance
Latest news, explainers and analysis on India Finance. Tracking 6 stories on Arth Vani.
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Latest on India Finance
RBI Addresses Queries on Potential 2027 Cheque Book Rules
The Reserve Bank of India (RBI) has reportedly addressed public queries regarding potential new cheque book rules, which were speculated to take effect from January 1, 2027. However, the specific details of the RBI's statement or any new regulations were not provided in the source material.
IPOJio's 'Record India IPO' Delivers Lower-Than-Expected Payday for Bankers
A significant public offering associated with Jio, described as a 'record India IPO', reportedly resulted in a smaller payout for investment bankers than initially anticipated, according to a report by The Economic Times. Specific details regarding the IPO and the financial figures are not available in the provided source material.
Global High-Yield Savings Rates Hit 4.50% by Oct 2026; What it Means for Indian Savers
A recent report by Fortune highlighted global high-yield savings account rates reaching up to 4.50% as of October 16, 2026. While these specific rates are typically found in international markets like the US, the report prompts Indian savers to explore domestic options for maximizing returns on their idle funds.
BreakingGIFT City Emerging as Key Investment Hub for NRIs Over Mainland India
Non-Resident Indians (NRIs) are increasingly looking towards Gujarat International Finance Tec-City (GIFT City) as a preferred destination for parking their capital, a trend highlighted by Fortune India. This shift indicates GIFT City's growing appeal due to its unique regulatory and tax framework designed for global financial services, offering distinct advantages compared to mainland Indian investment options.
Indian AIF Industry Challenges Proposed 2026 Foreign Control Rules
The Indian Alternative Investment Fund (AIF) industry is formally opposing new foreign control regulations proposed to take effect in 2026. Industry participants are advocating for a review and potential modifications, citing concerns about the rules' potential impact on attracting foreign investment. These discussions are ongoing ahead of the proposed implementation timeline.
Ex-HDFC Bank Chief: My Resignation Was a 'Call of Conscience', Not for Legal Probe
Former HDFC Bank Chairman Atanu Chakraborty has publicly refuted the bank's assertion that he did not cooperate with an external legal review after his resignation. He clarified that his departure was a "call of conscience" aimed at prompting introspection within the board, not an issue requiring an external legal inquiry.
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