Mumbai, Feb. 22 -- A month in as the new chief of Indian Bank and Binod Kumar is looking to flip the state-run lender's playbook albeit at a cautious but steady pace. Amid concerns about a potential ... Read More
New Delhi, Feb. 21 -- The Reserve Bank of India (RBI) will conduct a three-year US dollar-rupee buy-sell swap auction of $10 billion on 28 February to inject liquidity into the banking system. "In or... Read More
New Delhi, Feb. 21 -- India's rapid digital financial expansion is fuelling both opportunity and risk, with rising unsecured debt and speculative trading posing new challenges for the financial system... Read More
Mumbai, Feb. 13 -- Indian banks turned cautious on personal loans after the regulator's warnings and rising stress in collateral-free advances and microloans, slowing growth in one of their fastest-gr... Read More
New Delhi, Feb. 7 -- The Reserve Bank of India's monetary policy committee (MPC) on Friday cut the key policy interest rate by 25 basis points to 6.25% to support growth. At a post-policy press confer... Read More
mumbai, Feb. 7 -- Private sector capital expenditure has begun to pick up, though not so much in core sectors such as steel, State Bank of India chairman C.S. Setty said. However, SBI's corporate cred... Read More
Mumbai, Feb. 7 -- The Reserve Bank of India (RBI) will work on refining and strengthening its inflation targeting framework (FIT) to improve macroeconomic outcomes, Governor Sanjay Malhotra said on Fr... Read More
New Delhi, Feb. 6 -- Private sector capital expenditure has begun to pick up, though not so much in core sectors such as steel, State Bank of India chairman C.S. Setty said. However, SBI's corporate c... Read More
New Delhi, Feb. 5 -- The asset quality pain emerging from the microfinance sector has intensified, with most private sector banks and some state-owned lenders getting singed by a surge in delinquencie... Read More
Mumbai, Feb. 3 -- Allowing 100% foreign direct investment in insurance could bring up to $8-12 billion worth of capital flow into the country in three to five years, encourage expertise and niche prod... Read More