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Smart GDP growth casts shadow over RBI's Dec rate cut

mumbai, Dec. 1 -- The Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) is widely expected to keep the policy rate unchanged on December 5, even as a sizable minority of economists argue... Read More


Smart GDP growth casts shadow over RBI's December rate cut

mumbai, Dec. 1 -- The Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) is widely expected to keep the policy rate unchanged on December 5, even as a sizable minority of economists argue... Read More


Smart GDP growth casts shadow over RBI's December rate cut

mumbai, Dec. 1 -- The Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) is widely expected to keep the policy rate unchanged on December 5, even as a sizable minority of economists argue... Read More


After a year's pause, AT-1 bonds make a comeback with Canara Bank

MUMBAI, Nov. 28 -- Canara Bank's move to tap the domestic market for Rs.3,500 crore in additional tier-1 (AT-1) bonds is poised to reopen the perpetual bond window for Indian lenders after nearly a ye... Read More


RBI repeals 9,400 old circulars to aid compliance

New Delhi, Nov. 28 -- The Reserve Bank of India unveiled 244 consolidated master directions on Friday, replacing more than 9,400 circulars and guidelines that had accumulated over several decades, acc... Read More


A hint of exiting Tata Sons is making SP Group hopeful as it goes into bond market again

New Delhi, Nov. 27 -- Debt-laden Shapoorji Pallonji Group is banking on Tata Trusts softening the stance on its potential exit from Tata Sons to reduce its borrowing costs, two people aware of the mat... Read More


Rupee's depreciation story far from over as FPI flows dry up, RBI's defences thin

New Delhi, Nov. 24 -- The local currency market is bracing for more weakness in the coming weeks, after the rupee sharply slid to a record low of 89.41 against the US dollar within the last hour of tr... Read More


RBI begins work on linking UPI-TIPS to ease India-Eurozone money transfers

New Delhi, Nov. 21 -- After discussions with the European Central Bank on linking UPI with Europe's TIPS instant payment system, the Reserve Bank of India (RBI) has started the implementation phase of... Read More


Lenders face stress in micro loans against property as delinquencies rise

New Delhi, Nov. 20 -- Indian lenders are seeing the stress in their microfinance books gradually spread to their secured portfolios as overleveraged customers delay repayments. This comes less than a ... Read More


From growth to guardrails: Why NBFCs are reining in loans to MSMEs

New Delhi, Nov. 18 -- Non-bank lenders are turning cautious on lending to small enterprises, as defaults rise following a lending spree to borrowers with weak credit profiles. Bajaj Finance, IIFL Fin... Read More