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MPC members flag tariff impact on India's growth

Mumbai, April 24 -- Worries about the global tariff war hung over the Monetary Policy Committee's (MPC) meeting earlier this month, minutes of the meeting released on Wednesday showed. Members pointed... Read More


MPC members flag tariff impact on India's growth

Mumbai, April 24 -- Worries about the global tariff war hung over the Monetary Policy Committee's (MPC) meeting earlier this month, minutes of the meeting released on Wednesday showed. Members pointed... Read More


MPC members sound cautious about tariff impact on India's growth outlook

New Delhi, April 23 -- Worries about the global tariff war hung over the Monetary Policy Committee's (MPC) meeting earlier this month, minutes of the meeting released on Wednesday showed. Members poin... Read More


Shockwaves from Trump's tariff war lap at MPC's door

New Delhi, April 23 -- Worries about the global tariff war hung over the Monetary Policy Committee's (MPC) meeting earlier this month, minutes of the meeting released on Wednesday showed. Members poin... Read More


RBI's new liquidity coverage guidelines are big boost to banks

Mumbai, April 21 -- In a huge relief to the banking system, the Reserve Bank of India has allowed banks to set aside a lower stock of liquid assets against deposits raised through digital channels, in... Read More


Yes Bank targets lower cost of funds to lift profitability

Mumbai, April 19 -- Yes Bank Ltd has lowered interest rates on savings accounts by up to 4%, joining the bandwagon of private sector lenders aiming to rein in deposit costs and bolster margins. The m... Read More


IndusInd Bank elevates Santosh Kumar as deputy CFO

New Delhi, April 17 -- IndusInd Bank Ltd has elevated Santosh Kumar as deputy chief financial officer (CFO) ahead of its fourth-quarter results. Kumar will replace interim CFO Arun Khurana, who took ... Read More


Muthoot-owned Belstar Microfinance enters gold loan biz to diversify portfolio

New Delhi, April 17 -- Muthoot Finance-controlled Belstar Microfinance Ltd is launching gold loan business to diversify its book and reduce risk in the portfolio. The diversification will create a new... Read More


Rupee unshaken amid US-China trade war. India may even gain from it.

New Delhi, April 12 -- Mumbai: The spiraling economic war between China and the US sparked speculation that Beijing might weaken the Chinese yuan, which, in turn, could affect other currencies, includ... Read More


MPC responds to tariff war with 25 bps rate cut, accommodative policy stance

Mumbai, April 9 -- The Reserve Bank of India (RBI) is concerned about the impact of the ongoing tariff war, governor Sanjay Malhotra said, on a day it reduced the benchmark lending rate and eased its ... Read More