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Curious to know what the Reserve Bank does? Star India will soon produce a web series narrating the RBI's 90-year journey
The series will be available on both national television and OTT platforms, expanding its reach and…
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…
ANI
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…
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
Under strain from war, Russia plans a massive layoff in its public sector: report
Russia is expected to lay off at least 40,000 government officials by July, according to a report b…
Hannah Abraham
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 MPC announcement today: Rates unlikely to change, RBI may change stance to neutral
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…
Rs 2,000 notes: 97.96% returned; Rs 7,261 crore worth notes still with public
The facility for the exchange of the Rs 2000 banknotes has been available at the 19 issue offices o…
PTI
Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…
India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das
The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…
PTI
India's digital public infrastructure is transforming country's economic landscape, notes RBI
Built on principles of public good, open access, and regulatory fairness, India Stack has become a …
ANI
RBI to set up public repository of digital lending apps to check unauthorised players
In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has ta…
PTI
RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%
The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…
RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%
Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …
India handled inflation much better than US, Germany and France: SBI Report
India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…
ANI
RBI issues framework for reclassification of FPI to FDI
Currently, an investment made by foreign portfolio investor along with its investor group (FPI) sho…
PTI
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct
S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…
PTI
Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high
The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …