Reserve Bank of India
Manufacturing
India's factory activity contracts for third straight month in June
India’s manufacturing activity contracted for a third straight month in June, albeit at a much shallower pace, as demand and ......
Finance
Asset quality of housing lenders likely to worsen, warns ICRA
Indian housing finance companies (HFCs) are likely to face worsening of asset quality this year, with about 30% of their ......
Economy
Why a surge in money supply in India shows greater uncertainty, not growth
Heightened uncertainty in India caused by the coronavirus pandemic has led to a surge in currency in circulation as people ......
Infrastructure
House prices to fall this year for first time in at least a decade: Poll
Indian house prices will fall for the first time in at least a decade this year and next as the ......
Finance
ADB slashes India GDP view, forecasts 4% contraction in FY21
The Asian Development Bank (ADB) changed its economic outlook for India from growth to contraction, as it projected that developing ......
Finance
RBI proposes new lending, capital norms for housing finance firms
The Reserve Bank of India (RBI) on Wednesday proposed changes to the regulations governing housing finance companies with an aim ......
Finance
AION-backed Clix Capital eyes troubled Lakshmi Vilas Bank
Clix Capital, a non-bank lender controlled by private equity firm AION Capital, has shown preliminary interest to acquire cash-starved Lakshmi ......
Finance
After Yes Bank debacle, RBI seeks to limit term for promoter CEOs of banks
India’s central bank proposed on Thursday stricter governance rules for commercial banks, following a series of financial and governance problems ......
Economy
RBI monetary policy panel sees space for more easing
The impact of the pandemic on India's economy has been far more acute than expected and the central bank's monetary ......
Finance
RBI creates $66 mn fund to boost digital payments in smaller cities
The Reserve Bank of India has created a Rs 500-crore ($66 million) Payments Infrastructure Development Fund to facilitate digital payments ......
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