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
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
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
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
Mumbai, Aug. 12 -- India's microlenders have sought a sovereign-backed scheme that would guarantee bank loans to these institutions, allowing access to cheaper capital as they face a funding squeeze. ... Read More
New Delhi, Aug. 12 -- Issuances of low-rated corporate bonds are on the rise. Corporate bonds rated BBB+, BBB and BBB-, the lowest tier of rating still considered investment-grade before slipping into... Read More
Mumbai, Aug. 8 -- State Bank of India, the country's largest lender, is expected to report muted earnings in the first quarter of FY26 as continued pressure on net interest margins (NIM) weighs on ove... Read More
New Delhi, Aug. 6 -- The Reserve Bank of India (RBI) governor Sanjay Malhotra addressed the media after the end of the monetary policy committee (MPC) meeting on Wednesday, discussing key issues such ... Read More
New Delhi, Aug. 6 -- The Reserve Bank of India's (RBI's) monetary policy committee (MPC) will conclude its three-day meeting with a policy decision today. Markets widely expect the central bank to kee... Read More
Mumbai, July 26 -- The Reserve Bank of India (RBI) has won the battle against inflation, even as it continues its war against price rise, keeping in mind its objective of price stability, governor San... Read More