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2 mins read
RBI approves IDFC-IDFC First Bank merger
Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidi…
PTI
3 mins read
RBI may not cut repo rate any soon or for six months: Economists
With the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) deciding to retain the repo …
3 mins read
Capital Small Finance Bank IPO to open on Feb 7, sets price band at ₹445-468/sh
The initial public offer of Capital Small Finance Bank will open on February 7 and close on Februar…
4 mins read
India’s corporates in ‘wait and watch’ mode as consumption loans zoom
Large corporates are still not driving India’s credit growth as private capital expenditure is yet …
1 min read
Axis Bank Q3 net profit rises to ₹6,071 crore
rivate sector Axis Bank on Tuesday reported a 4 per cent rise in standalone net profit at Rs 6,071 …
PTI
2 mins read
Fitch expects RBI to cut interest rates by 75 basis points in FY25
The Indian central bank is expected to cut interest rates to the tune of 75 basis points in FY25, b…
1 min read
RBI authorises Bandhan Bank to disburse pension to retired railway employees
Private lender Bandhan Bank on Wednesday said it has been authorised by the Reserve Bank of India (…
PTI
3 mins read
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…
2 mins read
Not out of the woods yet and have miles to go: RBI on inflation
A Reserve Bank Bulletin on Thursday said retail inflation has moderated due to monetary policy acti…
PTI
2 mins read
Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank
The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …
PTI
1 min read
Kotak Bank gets RBI nod for acquisition of microlender Sonata Finance
Kotak Mahindra Bank on Friday said the Reserve Bank has given approval for its Rs 537-crore acquisi…
PTI
1 min read
RBI approves reappointment of Sandeep Bakhshi as ICICI Bank MD for 3 years
Private sector ICICI Bank on Monday said the RBI has approved the reappointment of Sandeep Bakhshi …
PTI
2 mins read
India's balance of payments shows improvement in Q1 FY24
One of the standout features of India' 2023-24 was the substantial narrowing of the Current Account…
ANI
3 mins read
Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO
Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…
2 mins read
Bankers say private capex will take one more year to revive
Banking industry's lobby grouping Indian Banks Association's chairman A K Goel said the increased c…
PTI
4 mins read
Indian bank stocks drag Nifty, Sensex for the second straight day after RBI policy
While the Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept base rates unchanged t…
2 mins read
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, a…
PTI
2 mins read
Rupee rises 1 paisa to 83.43 against US dollar in early trade
The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…
PTI
3 mins read
India’s first quarter GDP may surpass RBI MPC projection
The Indian GDP may surpass the latest Reserve Bank of India projections for the first quarter of…
2 mins read
RBI clarifies that it is not against privatization of public sector banks
India's central bank has come out with a clarification denying that it is against privatization of …