Reserve Bank of India
Economy
Govt appoints three members on RBI's monetary policy panel
The Indian government named Shashanka Bhide, Ashima Goyal and Jayanth Varma as its nominees on the central bank’s monetary policy ......
Manufacturing
India's September factory output jumps the most in eight years but layoffs continue
India’s factory activity expanded at its fastest pace in over eight years in September as a relaxation in coronavirus lockdown ......
Finance
Dhanlaxmi Bank shareholders vote for ouster after new CEO ‘shakes things up'
In yet another instance of investors’ activism, Dhanlaxmi Bank’s chief executive officer and managing director was voted out at the ......
Economy
RBI likely to keep rates on hold, defers monetary policy meeting
The Reserve Bank of India is expected to keep key rates unchanged at its upcoming monetary policy review, but may ......
Finance
Equitas Small Finance Bank cuts IPO size after SEBI breather
Equitas Small Finance Bank Ltd, a unit of Equitas Holdings Ltd, has reduced the size of its planned initial share ......
Economy
India's recovery not entrenched, will only be gradual: RBI chief
Some high frequency indicators are pointing towards stabilisation in economic activity in India but the recovery is still not entrenched ......
Finance
Fraud-hit PMC Bank reaches out to major lenders for merger
India's fraud-hit PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from ......
Economy
S&P expects India's economy to contract 9% in FY21
S&P Global Ratings said on Monday that it was expecting India's economy to shrink by 9% in the fiscal year ......
Economy
Govt likely to borrow more to tide over revenue shortfall
Revenue shortfalls in India, the major economy hardest hit by the coronavirus pandemic, are likely to force the government to ......
Finance
RBI accepts Kamath panel report on debt recast for stressed sectors
A committee set up by the Reserve Bank of India (RBI) to make recommendations on restructuring loans for the Indian ......