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Reserve Bank of India

GIC bets more on Bandhan Bank as Temasek joins in

Finance

04 August, 2020

GIC bets more on Bandhan Bank as Temasek joins in

Singapore sovereign wealth fund GIC Pte Ltd has increased its stake in Bandhan Bank while its sister concern Temasek Holdings ......

Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank chief

Finance

04 August, 2020

Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank chief

The Reserve Bank of India has approved the appointment of Sashidhar Jagdishan as managing director and CEO of HDFC Bank ......

Former RBI chief Urjit Patel to join board of Nalanda Capital-backed firm

Infrastructure

30 July, 2020

Former RBI chief Urjit Patel to join board of Nalanda Capital-backed firm

Former Reserve Bank of India governor Urjit Patel is set to join the board of Nalanda Capital-backed Great Eastern Shipping ......

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In Charts: How the woes of India's banking sector and economy may worsen

Finance

29 July, 2020

In Charts: How the woes of India's banking sector and economy may worsen

Last week, the Reserve Bank of India unveiled the results of the latest “stress test” that it conducts periodically to ......

India's gloomy outlook darkens, recovery path in doubt: Poll

Economy

29 July, 2020

India's gloomy outlook darkens, recovery path in doubt: Poll

The outlook for India's reeling economy has worsened again as business activity slows and COVID-19 infections soar, and will probably ......

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

Finance

24 July, 2020

US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank

The Reserve Bank of India has allowed two shareholders of IndusInd Bank and CSB Bank to increase their individual stakes ......

Banks' bad debt to jump amid COVID-19 pandemic: RBI report

Finance

24 July, 2020

Banks' bad debt to jump amid COVID-19 pandemic: RBI report

Bad loans in the Indian banking system could soar to almost 15% of total loans by March 2021 as the ......

Why RBI should explore regulatory sandbox for cryptocurrencies

Finance

21 July, 2020

Why RBI should explore regulatory sandbox for cryptocurrencies

The Covid-19 crisis seems to have given a surge to cryptocurrencies trading domestically and globally. One of India’s homegrown crypto-assets ......

Govt plans to sell majority stake in Bank of India, five other state-run banks

Finance

20 July, 2020

Govt plans to sell majority stake in Bank of India, five other state-run banks

India is looking to privatise more than half of its state-owned banks to reduce the number of government-owned lenders to ......

Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency

Finance

20 July, 2020

Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency

While the Indian stressed asset market is often seen as dismal, the global slowbalisation has tightened the screws on the ......