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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes
The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…
ANI
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan
Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…
PTI
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-b…
SLBCs can play effective role in financial inclusion by better coordination with govt, NGOs: RBI DG
Deepening financial inclusion is not merely about increasing the number of bank accounts but about …
PTI
S&P Global Market raised growth forecast of China, still significantly lower than India
The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…
ANI
India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters
India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…
RBI initiates transition plan: Small finance banks to ascend to universal banking status
According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eli…
ANI
RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!
The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …
PTI
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
Kotak Mahindra Bank shares decline over 4%; hit 52-week low
At the NSE, it went lower by 4.40 per cent to Rs 1,552.40 -- the 52-week low. Manian, who …
PTI
Stock market closing: Sensex, Nifty close the day in red, IT, metal, realty and oil and gas indices dip 1% each
Out of the 2,783 stocks traded during the day, 1,186 saw advances, while 1,528 declined and another…
India's services sector activity moderates in August; exports expand at record pace
India's services sector activity eased in August but growth rates for new orders remain elevated, …
PTI
Rupee falls 6 paise to 83.45 against US dollar in early trade
The rupee depreciated 6 paise to 83.45 against the US dollar in early trade on Friday, as market pa…
PTI
Banks should pass reasoned orders while declaring entity/person wilful defaulter: HC
The Bombay High Court has said banks and financial institutions should pass reasoned orders before …
PTI
Indian economy remains in bright spot: Ministry of Finance
In contrast to a cautious assessment of the global scenario, the Indian economy continues to exhibi…
ANI
India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report
This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…