Mumbai, Aug. 5 -- The Reserve Bank of India's (RBI) rate-setting panel on Wednesday decided to keep the key policy rate unchanged at 5.25% for the fourth straight meeting. Sticking to its 'neutral' p... Read More
New Delhi, Aug. 5 -- The information technology (IT) systems of large Indian banks and other regulated entities are quite strong and robust, Reserve Bank of India (RBI) governor Sanjay Malhotra said o... Read More
Mumbai, Aug. 3 -- HSBC, State Bank of India (SBI) and ICICI Bank garnered half of all inflows under the Reserve Bank of India's (RBI) deposit incentive scheme to attract dollars and strengthen the rup... Read More
Mumbai, Aug. 1 -- Non-resident Indians (NRIs) have poured $36.7 billion into Indian banks through foreign currency non-resident (FCNR) deposits under a new deposit incentive scheme to attract dollars ... Read More
New Delhi, July 30 -- Bajaj Finance is betting that artificial intelligence (AI)-powered cameras, not sales staff, will become the first point of contact with customers as they walk into its stores. ... Read More
Mumbai, July 28 -- Indian state-owned lenders are accelerating the sale of legacy bad loans to asset reconstruction companies (ARCs) ahead of the Reserve Bank of India's (RBI) tougher expected credit ... Read More
Mumbai, July 22 -- An article by the Reserve Bank of India (RBI) on Wednesday said the recent recovery in foreign investment shows a revival of confidence in the Indian economy. The article, State of... Read More
New Delhi, July 22 -- In April, HDFC Life reappointed Vibha Padalkar as managing director and chief executive officer for five years starting September. She got the top job in 2018, after spending 10 ... Read More
New Delhi, July 18 -- HDFC Bank's first board meeting, led by newly-appointed chairman Rajiv Kumar, was refreshing and well-received, Sashidhar Jagdishan, chief executive of the bank, told reporters o... Read More
New Delhi, July 16 -- The Reserve Bank of India (RBI) on Thursday said it has rejected lenders' requests to allow them to acquire certain non-financial assets before a borrower turns non-performing, a... Read More