Tag: idfc first bank
India’s record bank cash surplus fades as RBI curbs rupee bets
A record cash surplus at Indian banks is fading quickly as the central bank keeps liquidity tight to curb bets against the currency. Excess funds…
Cognizant Sarvam investment: Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sources
Nasdaq-listed software services company Cognizant Technology Solutions is in talks to participate in Sarvam’s latest financing round, which is expected to value the Indian artificial…
RBI injects Rs 1 lakh crore as liquidity tightens before festive season
Mumbai: For weeks, India’s central bank had its task-list full, draining excess liquidity after an overwhelming diaspora response to forex-inflow programs. Now, as the festive…
AI startup Sarvam in talks for $300 million top-up; valuation may double to $3 billion
Homegrown artificial intelligence model startup Sarvam is in talks to raise another $250-300 million at a $3 billion valuation, according to people aware of these…
ET Startup Awards 2026 | Tier-II cities rechart startup geography: IDFC First Bank’s Vaidyanathan
Phenomenal companies are being created in India and the startup ecosystem is expanding beyond the familiar technology hubs, said V Vaidyanathan, chief executive and managing…
RBI’s rupee defence may drain banking liquidity, ease currency pressure
Mumbai, The Reserve Bank of India’s (RBI) measures to curb rupee volatility could ease near-term depreciation pressure and help withdraw surplus liquidity from the banking…
RBI likely to hike repo rate by 25 bps to 5.50% in October policy: ET Poll
The Reserve Bank of India’s Monetary Policy Committee (MPC) is likely to increase the key interest rate by 25 basis points to 5.50% in the…
RBI may increase rates by 0.25 pc in Oct policy amid inflationary pressures, experts poll shows
Mumbai: The Reserve Bank of India (RBI) is likely to increase the repo rate by 0.25 per cent in the October monetary policy review due…
Union minister Piyush Goyal to headline ET Startup Awards on October 9 in Bengaluru
Commerce and industry minister Piyush Goyal will be guest of honour at the 12th edition of The Economic Times Startup Awards to be held in…
Special swaps rake in $143.5 billion in forex inflows: FCNR(B) scheme leads with $133 billion
Foreign currency non-resident bank (FCNR-B) deposits mobilised by banks under the special Reserve Bank of India (RBI) window stood at $132.9 billion according to inflows…