Tata Capital sees reduction in credit cost on AI integration

Mumbai, April 23 -- Tata Capital, the non-banking financial company (NBFC) subsidiary of Tata Sons, on Thursday said it has witnessed some tangible benefits of using artificial intelligence (AI) in it... Read More

Caution at MPC as war muddies view

New Delhi, April 22 -- As the West Asia war raged and supply shocks rippled across the globe, the central bank's monetary policy committee (MPC) chose to wait and watch as they kept the repo rate unch... Read More

Axis Trustee wants a seat at the risk table, not the sidelines

Mumbai, April 22 -- India's trustee services industry has long operated in the background. At Axis Trustee Services Ltd, an arm of private sector lender Axis Bank, the new chief executive is pushing t... Read More

No impact of West Asia war on portfolio, says ICICI Bank's Batra

Mumbai, April 18 -- Private sector lender ICICI Bank on Saturday said it has witnessed no impact of the West Asia war on its books and feels it is too early to predict if it will have any bearing on c... Read More

Ujjivan decision underscores RBI's high bar on small finance bank upgrades

Mumbai, April 15 -- The Reserve Bank of India (RBI) has returned Ujjivan Small Finance Bank's application to upgrade to a universal bank, sending a clear signal to the industry: meeting financial crit... Read More

Tata Sons' exit door from upper layer NBFC list narrows

Mumbai, April 13 -- The Reserve Bank of India's (RBI) latest proposal to classify non-banks with assets over Rs.1 trillion in the upper layer could leave little wiggle room for Tata Sons, save for the... Read More

'India must keep vigil on external developments'

mumbai, April 9 -- India needs to keep a constant vigil on ongoing geopolitical developments, even as some economic indicators remain favourable, Reserve Bank of India (RBI) governor Sanjay Malhotra s... Read More

RBI says its foreign exchange policy remains unchanged, interventions meant to curb volatility

MUMBAI, April 8 -- The Reserve Bank of India's foreign exchange rate policy remains unchanged, governor Sanjay Malhotra said on Wednesday, commenting on the volatility of the rupee since the start of ... Read More

India needs to keep constant vigil on external developments, says RBI governor

New Delhi, April 8 -- India needs to keep a constant vigil on ongoing geopolitical developments, even as some economic indicators remain favourable, Reserve Bank of India (RBI) governor Sanjay Malhotr... Read More

RBI agrees to 'demand from some quarters,' unveils first-ever core inflation projection at 4.4% for FY27

New Delhi, April 8 -- The Reserve Bank of India (RBI) on Wednesday announced its projections for core inflation-the rise in prices after stripping out the impact of food and energy price changes-with ... Read More

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