Mumbai, Aug. 23 -- Yes Bank on Saturday said that the Reserve Bank of India (RBI) has approved a proposal by Japanese lender Sumitomo Mitsui Banking Corporation to acquire up to 24.99% in the private ... Read More
New Delhi, Aug. 21 -- The central bank has initiated a process to gather opinions on whether monetary policy should track headline inflation or core inflation, which strips out the impact of fuel and ... Read More
Mumbai, Aug. 21 -- The Reserve Bank of India's six-member monetary policy committee in August unanimously decided to keep therepo rate unchanged at 5.5% despite softer inflation. Minutes of the meetin... Read More
Mumbai, Aug. 21 -- When the rate-setting committee of the central bank met two weeks ago, an uncertain global environment brought about by the tariff tantrums of US President Donald Trump loomed large... Read More
Mumbai, Aug. 20 -- When the rate-setting committee of India's central bank met two weeks ago, an uncertain global environment brought about by the tariff tantrums of US president Donald Trump loomed l... Read More
Mumbai, Aug. 18 -- Indian banks have low exposure to the sectors in the direct line of US President Donald Trump's tariffs. Yet, as trade disruption ripples through the economy, they may not escape a ... Read More
Mumbai, Aug. 11 -- ICICI Bank, which last revised its average minimum account balance requirements in 2015, has raised the threshold for savings accounts in metro and urban areas to Rs.50,000 from Rs.... Read More
New Delhi, Aug. 8 -- India's largest lender State Bank of India (SBI) sees limited impact on its books from stiff US tariffs, as it hopes the issue gets resolved soon enough to rekindle capital expend... Read More
mumbai, Aug. 8 -- AU Small Finance Bank on Thursday won the Reserve Bank of India's 'in-principle' approval to upgrade to a universal bank, becoming the first lender to secure a full-fledged banking l... Read More
New Delhi, Aug. 7 -- AU Small Finance Bank on Thursday won the Reserve Bank of India's 'in-principle' approval to upgrade to a universal bank, becoming the first lender to secure a full-fledged bankin... Read More