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Latest Money & Banking, Financial News Today - news | The HinduBusinessLine

Banking system’s ₹5 lakh cr plus surplus liquidity prompts RBI to announce drain out auction Fintech IPO plans hit pause as weak rupee, retail pullback weigh on timing Godrej Capital eyes ₹50,000 cr AUM in 2 years, to launch gold loans by June FIU-IND, SEBI sign MoU to strengthen anti-money laundering framework in India HDFC Bank chairman resignation not a sign of financial stability: InGovern HDBFS shares jump 12% post Q4 results, brokerages see steady growth ED arrests former ADAG executive Amitabh Jhunjhunwala in loan fraud case Q4 Results Highlights Today: Elecon Engineering PAT declines, ICICI Lombard net profit rises 7%, HDB Financial shares gain ahead of Q4 results today, Reliance Industrial Infra, GTPL Hathway, Tejas Networks to announce Q4 results today, ICICI Prudential Life, Anand Rathi Share rise Satin Growth Alternatives launches debut ₹200 cr fund Insurers need to make payouts quick and frictionless, says DFS Secretary C-D ratio of banks widens to 255 bps Non-life insurers’ premium income rises 9.2% to ₹3.35 lakh crore in FY26 RBI allows NBFCs, including gold loan companies, to open branches without prior approval Trump says he may fire Fed chair Jerome Powell if he does not step down RBI allows NBFCs to open branches without prior approval, eases norms LPL Financial opens Global Capability Centre in Hyderabad Shriram Finance subsidiary gets RBI nod to start primary dealer business NBFCs' reliance on bank borrowings to increase in FY27 on lower interest rates RBI holds talks with banks on ways to boost deposits Banks increase mark-up over repo-linked external benchmark loans to protect margins Paytm becomes majority Indian-owned and controlled company as domestic investors raise stake UPI clocks 228.5 billion transactions in 2025, driving India’s digital payments boom Kevin Warsh files financial disclosures, pledges divestment for Fed nomination Bitcoin climbs to 4-week high on hopes of US-Iran peace talks Gold loans register sharp growth to emerge India’s second-largest retail credit product: TransUnion CIBIL Poonawalla Fincorp mops up ₹2,500 cr via QIP RBI returns Ujjivan SFB’s application to transition to a universal bank LIC board approves 1-for-1 bonus issue BoB and Reliance Jio launch mobile banking app for feature phone users Net sales of non-financial pvt cos rise 11.4% in FY25: RBI data
IMF, World Bank, others warn West Asia war is straining e...
By Reuters · 2026-05-30 · via Latest Money & Banking, Financial News Today - news | The HinduBusinessLine
SENSEX   74,243.34

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CRUDEOIL   8,608.00

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GOLD   155,589.00

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SILVER   248,256.00

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SENSEX   74,243.34

 -116.67

NIFTY   23,366.70

 -49.85

NIFTY   23,366.70

 -49.85

CRUDEOIL   8,608.00

 -234.00

CRUDEOIL   8,608.00

 -234.00

GOLD   155,589.00

 -3,958.00

The US-Israel war on Iran has disrupted trade, rattled financial ‌markets and raised concerns over ‌global ⁠energy supplies, particularly through the Strait ⁠of Hormuz, a key route for oil and gas shipments

Updated - May 30, 2026 at 10:31 AM.

The heads of ​the International Energy Agency, International Monetary Fund, ‌World Bank and World Trade Organization ​warned on Friday that ⁠the war in West Asia was straining global energy supplies and hitting vulnerable economies ‌hardest.

The US-Israel war on Iran has disrupted trade, rattled financial ‌markets and raised concerns over ‌global ⁠energy supplies, particularly through the Strait ⁠of Hormuz, a key route for oil and gas shipments.

The global institutions said that ​the world economy ‌remained resilient, but the conflict was disproportionately affecting poorer countries through higher fuel and fertilizer prices, increased uncertainty, and risks ‌to jobs.

The heads of the ​groups met on Thursday to discuss how they should respond ⁠to the economic impact of the war, they said in a joint ‌statement. US President Donald Trump has said he would decide Friday over a potential deal with Iran to extend their ceasefire that would need to include opening the waterway and ‌dismantling Tehran's capacity to make a nuclear ​weapon.

"If shipping flows do not return to normal, continued rapid depletion ⁠of global oil inventories ahead of ⁠peak summer oil demand in the Northern Hemisphere would present increasing ‌risks for fuel security, market conditions, and broader economic resilience," the institutions ​said.

Published on May 30, 2026

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