News

The Reserve Bank of India (RBI) governor Sanjay Malhotra has ruled out granting banking licences to corporate entities or ...
The Reserve Bank of India (RBI) increased its gold reserves by approximately half a tonne in late June, bringing total ...
The finance ministry suggests the Reserve Bank of India (RBI) has room to further cut interest rates as inflation remains ...
India's IndusInd Bank said on Monday it "financials have returned to profitability", as it swung back to profit in the first ...
In a bid to shed its “upper-layer” shadow bank status, Tata Sons in the financial year to the end of March pared down its ...
The Reserve Bank of India (RBI) on Monday, 28 July, released the latest data for its Digital Payments Index (RBI-DPI), ...
The Reserve Bank of India has "won the battle against inflation" but the war is ongoing as price stability remains the ...
The Indian banking sector's Q1 results show expected outcomes with stable asset quality but pressure on net interest margins.
The government has been closely working with different stakeholders including the Reserve Bank of India (RBI), National ...
Cognizant has pushed back against these claims, saying it was hired for “a narrow scope” of help desk services, which it ...
For years, banks in India routinely imposed penal interest ranging from 1% to 3% on loans and advances. This charge kicked in if borrowers delayed repaying instalments, interest, or EMIs, or failed to ...
It's important to note that despite the physical closure of bank branches in Gangtok, essential banking services will ...