India’s forex reserves fall to lowest since July 2020

India’s forex reserves fall to lowest since July 2020

India’s foreign exchange reserves skid to an over two-year low as the Reserve Bank of India (RBI) co..

RBI to hold special MPC meet on 3 November

RBI to hold special MPC meet on 3 November

The Reserve Bank of India (RBI) has scheduled a special meeting of its monetary policy committee (MP..

Govt seeking $7.7 bn value for IDBI Bank in stake sale

Govt seeking $7.7 bn value for IDBI Bank in stake sale

The government is looking for a valuation of Rs 640 billion ($7.7 billion) for IDBI Bank, which will..

IDBI Bank Q2 net surges 46% to Rs 828 crore

IDBI Bank Q2 net surges 46% to Rs 828 crore

IDBI Bank reported a 46% year-on-year rise in net profit to Rs 828.09 crore in the September quarter..

Canara Bank Q2 net up 89% at Rs 2,525 cr

Canara Bank Q2 net up 89% at Rs 2,525 cr

Canara Bank reported an 89% year-on-year rise in its net profit to Rs 2,525 crore for the July-Septe..

Union Bank of India Q2 net surges, loan growth up 22%

Union Bank of India Q2 net surges, loan growth up 22%

State-owned Union Bank of India reported a 21% year-on-year rise in net profit to Rs 1,848 crore in ..

Axis Bank Q2 net up 70% on lower provisions

Axis Bank Q2 net up 70% on lower provisions

Axis Bank has reported a 70% year-on-year growth in net profit to Rs 5,330 crore for the quarter end..

IndusInd Bank Q2 net up 57% at Rs 1,805 cr

IndusInd Bank Q2 net up 57% at Rs 1,805 cr

Hinduja-promoted IndusInd Bank has reported a 57% year-on-year rise in net profit to Rs 1,805.22 cro..

Rupee sinks below 83 against dollar for first time

Rupee sinks below 83 against dollar for first time

The rupee has fallen below the 83 per US dollar mark for the first time and risks prevail for a furt..

Govt seeks waiver from Sebi in key norm for IDBI Bank stake sale

Govt seeks waiver from Sebi in key norm for IDBI Bank stake sale

In order to make the IDBI Bank purchase attractive, the Indian government is in talks with market re..

Bank of Maharashtra Q2 net doubles to Rs 535 cr

Bank of Maharashtra Q2 net doubles to Rs 535 cr

State-owned Bank of Maharashtra reported a 103% year on year rise in net profit to Rs 535 crore for ..

HDFC Bank-HDFC merger may end ahead of schedule: CFO

HDFC Bank-HDFC merger may end ahead of schedule: CFO

The merger of HDFC Ltd with HDFC Bank may be completed ahead of the indicated deadline by one or two..

HDFC Bank Q2 net up 20% to Rs 10,606 cr

HDFC Bank Q2 net up 20% to Rs 10,606 cr

HDFC Bank has reported a 20% year-on-year jump in its net profit for the fiscal second quarter ended..

Fight against inflation will be dogged and prolonged: RBI article

Fight against inflation will be dogged and prolonged: RBI article

The fight against inflation will be dogged and prolonged, given the long and variable lags with whic..

SC issues notice on Swamy’s plea for probe into role of RBI officials in bank scams

SC issues notice on Swamy’s plea for probe into role of RBI officials in bank scams

The Supreme Court on Monday agreed to examine BJP leader Dr. Subramanian Swamy's plea seeking a prob..