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Bank gold loans on a tear as customers want more for their pledge

New Delhi, Sept. 15 -- Lenders are shovelling out gold loans as customers juice soaring gold prices, even as barriers rise in personal loans and credit cards. Banks handed out more gold loans than an... Read More


King gold trounces rivals in retail lending conquest

mumbai, Sept. 15 -- Lenders are shovelling out gold loans as customers juice soaring gold prices, even as barriers rise in personal loans and credit cards. Banks handed out more gold loans than any ot... Read More


Corporate funding slows as firms turn from bank loans to bonds, equity

Mumbai, Sept. 8 -- Indian companies borrowed less from banks in FY25 and turned instead to alternate fundraising sources such as corporate bonds and equity, showed recent data released by the Reserve ... Read More


Why RBI's MPC may cut interest rates further in October

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


Deliver or depart: SBI chair Setty sends stern message to top brass at subsidiaries

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


RBI at fork in the road, experts back chasing headline inflation

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


SMBC wins RBI approval to acquire 24.99% in Yes Bank, to join board with 2 seats

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


Yes Bank stake sale to Sumitomo gets RBI nod

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


Should rate-setting panel track headline or core inflation? RBI stirs debate

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


RBI panel member: GST revamp will lower prices, but second-round effects unclear

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