The Indian stock market is set to open lower on 27 August, following a negative trend in global markets. The Sensex fell 183.15 points, while the Nifty 50 declined 126.80 points. Investors await clarity from Fed Chair Warsh's speech on interest rates.

MarketSmith India reveals its top stock recommendations for today, 27 August. Get expert insights into the best-performing stocks to guide your investment decisions.

An EAC-PM paper finds that banking efficiency has improved sharply since FY20.

RBI moved the FCNR(B) swap window deadline to August 31. See why it closed early, what changed, and what it means for NRI FCNR deposits.

The Nifty PSU Bank index has risen by 4% this month so far, compared to a 0.60% rise in the Nifty Private Bank index, and a flat with negative bias Nifty 50.

Recent thefts from bank lockers in Kanpur and Mumbai raise concerns about security. The Reserve Bank of India regulates locker facilities and has capped the compensation limit.

The combined market valuation of four of the top 10 most valued firms in India eroded by ₹87,960.29 crore last week, with Bharti Airtel taking the biggest hit, in-tandem with a bearish trend in equities.

An SEBI Registered Investment Adviser warned bank customers about fraudulent messages. He shared tips to identify scams by verifying sender details and checking for deceptive characters in sender names.

Indian banks are rushing to raise funds before the RBI closes the FCNR(B) scheme early, leading to deployment challenges and potential negative carry for some lenders.

NRIs are permitted to open and maintain FCNR(B) accounts jointly with eligible resident relatives, subject to certain conditions.

State Bank of India has updated service charges for Basic Savings Bank Deposit accounts, effective October 1, 2026.

India anticipates a $50 billion balance-of-payments surplus in FY27, but experts warn that this may not strengthen the rupee. The impact hinges on whether the inflows from the RBI’s FCNR deposits actually enter the market or are absorbed as reserves.

SBI mistakenly reported ₹4.06 lakh TDS against one landlord’s PAN on jointly owned property, leaving ₹2.71 lakh of credit disputed. ITAT Agra ruled that the landlord should receive the full TDS credit after the other co-owners did not claim their share.

Private banks outpaced public sector undertaking peers on profit and deposit growth in the June quarter, while state-run lenders posted sharper improvements in asset quality and net interest income.

Only two dividend yield funds delivered over 10% returns in the last one year, while some others lagged significantly. Differences in equity allocation, portfolio holdings and expenses contributed to the wide gap in returns across the category.

The 'Regulation S' bond is benchmarked against the 5-year US Treasury and priced at a spread of 88 bps over the benchmark, SBI said in a statement on Thursday.

RBI’s concessional hedging window opened a cheaper route to overseas funds for PSU lenders, but higher US yields and a crowded dollar market have eroded the advantage. With offshore and domestic borrowing costs now nearly at par, PSU non-banks face a tougher funding choice.

The court asked the ED to file an affidavit stating whether the settlement process had been completed and whether ‘everything is done and dusted’.

AI-led underwriting is freeing relationship managers from data gathering and preliminary analysis as SBI expands the technology across lending and banking operations.

The deals pursued by SBI are largely driven by technology and industry led.