Bilateral trade deals to help diversify markets for Indian goods, says MPC member Nagesh Kumar

Mumbai, Aug. 22 -- The Reserve Bank of India's six-member Monetary Policy Committee (MPC) unanimously decided on 6 August to keep the repo rate unchanged at 5.50% and to maintain a neutral stance. Na... Read More

Sammaan Capital to raise $300 million via secured social bonds

Mumbai, Aug. 21 -- Mortgage-focused non-bank lender Sammaan Capital Ltd's board has approved raising $300 million through senior secured social bonds. The bonds will carry a coupon of 8.95% and a ten... Read More

Regulators must balance innovation and stability, says RBI deputy governor M. Rajeshwar

Mumbai, Aug. 20 -- Regulators in the financial sector must strike a balance between fostering innovation and safeguarding stability, according to central bank deputy governor M. Rajeshwar. "While it ... Read More

Fewer new jobs at top banks. Digital adoption, lower attrition to blame

Mumbai, Aug. 19 -- Hiring across India's leading private sector banks fell to its lowest in at least three years in FY25 due to a decline in attrition and a major shift to digital banking, showed a Mi... Read More

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