State-owned banks saw selling pressure as all 12 constituents decreased after the government ruled out extending the foreign direct investment limit in public sector banks. The sector's general weakness was reflected in the 3% decline in the Nifty PSU Bank index. State-owned banks came under fresh selling pressure in Wednesday’s session, with all 12 constituents sliding strongly as mood fell after the government reaffirmed that it is not considering a proposal to expand the

Nomura's analysis emphasizing the 14-low momentum in India's industrial production adds a degree of worry notwithstanding the robust GDP data and GST relief. The relief anticipated from the recent tax cuts is being overshadowed by the mounting pressure from Trump's tariffs. According to Nomura, India's most recent industrial production data reveals a widespread underperformance and growing resistance to Trump tariffs, raising concerns for markets that had up to now found sol

HDFC Bank Ltd. was fined ₹91 lakh by the Reserve Bank of India (RBI) for breaking Section 19(1)(a) of the Banking Regulation Act, 1949. The Bank's failure to follow certain criteria regarding advance interest rates, risk management, the code of conduct for financial service outsourcing, and know-your-customer (KYC) standards is another reason for the penalty. HDFC Bank has implemented several benchmarks within the same loan category, according to a notification from the RBI.

RBI MPC Meeting: Due to low inflation, the RBI's MPC is expected to decrease interest rates by 25 basis points on December 3–5. However, other economists predict no change. The RBI lowered rates by 100 basis points earlier in 2025. Investors are preparing for the Reserve Bank of India's Monetary Policy Committee (MPC) meeting, which is set for this week. Everyone is impacted by the RBI's MPC results, from financial markets to average households. Date and Time of the RBI MPC