Mumbai, Sept. 1 -- The surprise 7.8% economic growth in the first three months of 2025-26 is unlikely to deter India's monetary policy panel from cutting interest rates further in October, according t... Read More
Mumbai, Aug. 24 -- State Bank of India has asked its subsidiaries to step up as part of chairman C.S. Setty's stern message that underperformance will not be tolerated, according to a person aware of ... Read More
New Delhi, Aug. 23 -- India's central bank is facing a crucial question: Should it continue to target headline inflation, even when volatile food prices are largely beyond its control? The answer, acc... Read More
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
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