RBI’s Sankar rules out role of stablecoins in India’s financial system
Mumbai: Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar said stablecoins lack the basic attributes of money and pose significant risks to monetary stability, effectively ruling out their integration into India’s financial system. “Stablecoins fail to satisfy the two defining features of modern money, viz., (i) money as fiat and (ii) singleness of money,” Sankar said at the Mint Annual BFSI Conclave 2025 in Mumbai on December 12, 2025. “It is possible that in a stablecoin system, there would be hundreds, or more, of currencies in an economy making any such system inherently unstable.”

RBI to conduct Rs 50,000 crore OMO purchase on December 18
 

Gap between credit and deposit growth widens amid repo rate cuts
With bank credit growth outstripping deposit growth, the gap between them has widened to 123 basis points (bps) as of November 28 a far cry from the even-steven situation that prevailed a year ago.

SBI reduces lending rates after RBI rate cut
State Bank of India (SBI) on Friday revised its lending rates following the Reserve Bank of India’s latest 25-bps reduction in the repo rate.

IOB to cut lending rates effective December 15
Chennai: Indian Overseas Bank (IOB) on Friday announced a reduction in its lending rates effective December 15, 2025, to pass on the Repo cut done by RBI in the recent MPC. The bank has reduced its External Benchmark Lending Rate (EBLR) - specifically the Repo Linked Lending Rate (RLLR) by 25 basis points from 8.35 per cent to 8.10 per cent, thereby, fully passing the policy rate cut to its customers.

ADB signs USD 100 million agreement with FBFL to expand MSME loans to women borrowers
New Delhi: The Asian Development Bank (ADB) has signed a USD 100 million loan agreement with Five-Star Business Finance Limited (FBFL) to expand access to micro, small, and medium-sized enterprises (MSMEs) business loans to women borrowers from lower-income groups in India.

New bank group norms strengthen lenders balance-sheets: Crisil
 

SBI lowers lending rates following RBI policy rate cut, home and personal loans become cheaper

State Bank of India, the country's largest lender, has reduced its lending rate by 25 basis points following the Reserve Bank of India's policy rate cut, making loans cheaper for both existing and new borrowers.

The 'delusional' optimist: Harshil Mathur on Razorpay's journey, challenges
“There are many things to pick from, but one can only choose a few,” says Razorpay cofounder Harshil Mathur, flipping through the menu at the chic pan-Asian restaurant, By the Mekong, in Mumbai. It is evident that he’s not referring to the food choices before him.

‘Global frameworks ensure safety of domestic crypto investors, ‘ says SB Seker, head of APAC, Binance Holdings
The long-term goal of Binance Holdings, the world’s largest crypto exchange in terms of volumes, is to become a collaborative partner for India’s blockchain and digital asset ecosystem, SB Seker, head of the Asia-Pacific region, tells Nesil Staney in an interview. Excerpts:

Best crypto presale: Galaxy pushes expansion as DeepSnitch AI tops presale charts with 200x potential
 

ICICI Prudential AMC issue booked 72% on Day 1
The initial public offering (IPO) of ICICI Prudential AMC, the second-largest mutual fund house by assets, was subscribed 72% on the first day of the bidding on Friday.

SIP flows steady; active equity AUM climbs to ₹44.4 lakh crore in November
New Delhi: India's mutual fund industry witnessed a rebound in equity inflows in November 2025, supported by steady systematic investment plan (SIP) contributions and a recovery in lump-sum investments, according to a sector update by Nuvama Research. Monthly SIP inflows remained robust at ₹29,400 crore, broadly flat on a month-on-month basis, underlining continued retail participation despite market volatility, the report said.

Understanding how asset management companies invest your mutual fund money for smarter wealth creation
Mutual fund investors often hear the term "Asset Management Company" (AMC), but few fully understand its exact role. What do these companies actually do with the funds provided to them, and how do they operate?

Listing won't alter our investment philosophy: ICICI Pru AMC MD & CEO
India is a market where scalable businesses with lower margins and higher volumes create enduring value, says Nimesh Shah, managing director (MD) and chief executive officer (CEO) of ICICI Prudential AMC. In an email interaction with Abhishek Kumar, amid the asset manager’s Rs 10,603-crore IPO, Shah said growing volumes will continue to support profitability and will more than offset the telescopic pricing impact.

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Financialisation, equity boom set to unlock multi-trillion-dollar opportunity in India: Motilal Oswal report