Indian economy resilient amid global headwind: RBI Guv

Indian economy resilient amid global headwind: RBI Guv

The Indian economy has made a solid recovery and is among the fastest-growing large economies despit..

IDFC First Bank raises Rs 1,500 cr via tier-II bonds

IDFC First Bank raises Rs 1,500 cr via tier-II bonds

IDFC First Bank raised Rs 1,500 crore through Basel-III compliant Tier-II bonds maturing in 10 years..

RBI allows Mahalaxmi Cooperative Bank to operate as NBFC, cancels banking licence

RBI allows Mahalaxmi Cooperative Bank to operate as NBFC, cancels banking licence

The Reserve Bank of India (RBI) has granted non-banking institution licence to Karnataka-based Mahal..

RBI fines Standard Chartered Bank, other entities

RBI fines Standard Chartered Bank, other entities

The Reserve Bank of India (RBI) has slapped penalties on Standard Chartered Bank-India, TransUnion C..

Go First lenders approve Rs 425 crore interim funding

Go First lenders approve Rs 425 crore interim funding

The lenders of Go First have approved an in-principle interim funding of Rs 425 crore for the crisis..

Bank loan rates to face upward bias in FY24

Bank loan rates to face upward bias in FY24

Despite a sudden surge in liquidity, bank deposit rates are unlikely to fall while borrowing costs c..

More than two-thirds of Rs 2,000 notes returned: RBI Governor

More than two-thirds of Rs 2,000 notes returned: RBI Governor

More than two-thirds of the Rs 2,000 currency notes have returned to the banking system a month afte..

Retail loans major contributor to bank credit growth

Retail loans major contributor to bank credit growth

India’s bank credit growth has been powered by retail lending over the last few years and this is cy..

UPI to account for 90% of retail digital transactions in 5 years: RBI bulletin

UPI to account for 90% of retail digital transactions in 5 years: RBI bulletin

Unified Payments Interface (UPI) is expected to account for 90% of retail digital transactions volum..

Over 72% of withdrawn Rs 2,000 notes return to banks: Report

Over 72% of withdrawn Rs 2,000 notes return to banks: Report

A month after the Reserve Bank of India (RBI) started the process of withdrawal of Rs 2,000 notes, o..

Inflation slowing down personal consumption, holding back private capex

Inflation slowing down personal consumption, holding back private capex

A slowdown in personal consumption expenditure, driven by inflation, is moderating corporate sales a..

RBI fines three banks

RBI fines three banks

The Reserve Bank of India (RBI) on Friday penalised three banks, including Axis Bank, Bank of Mahara..

ARCs’ retail loan recovery slows down by 35% due to OTS scheme

ARCs’ retail loan recovery slows down by 35% due to OTS scheme

Recoveries by asset reconstruction companies (ARCs) across retail loans such as housing and MSME hav..

Monetary policy ‘dangerously close’ to damaging the economy: MPC member Varma

Monetary policy ‘dangerously close’ to damaging the economy: MPC member Varma

India’s economic recovery could be impacted by further interest rate tightening, a member of the mon..

Compromise settlement with wilful defaulters not new, says RBI

Compromise settlement with wilful defaulters not new, says RBI

The Reserve Bank of India (RBI) has clarified that a compromise settlement with wilful defaulters is..