Reserve Bank of India
Finance
Banks weigh Sashakt panel-proposed fund to turn around stressed assets
Indian banks have revived discussions on setting up an asset management company and an alternative investment fund of around Rs ......
Markets
Indian bond yields surge as government borrowing balloons
India's benchmark 10-year bond yield surged on Monday following the government's decision to sharply increase market borrowing amid a major ......
Economy
Budget math changes as govt increases FY21 borrowing by 54%
The Indian government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March 2021, up from ......
Finance
How banks' credit growth slumped across sectors in the wake of coronavirus
In the last week of April, one month into the national lockdown, commercial banks parked more than Rs 7 trillion ......
Manufacturing
India's factory activity slumped to record low in April: PMI
India’s manufacturing activity contracted at its sharpest pace on record in April as a lockdown to combat the rapid spread ......
Finance
Indian banks' bad debt could double in coronavirus crisis
India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, ......
TMT
Indifi's Alok Mittal on how the pandemic may impact fintech lenders
The coronavirus pandemic and the nationwide lockdown have crippled business activities. This will impact banks, non-bank lenders and fintech firms, ......
Markets
Nifty, Sensex track global peers higher on hopes of lockdowns easing
Indian shares settled more than 1% higher on Tuesday, tracking global stocks higher on hopes of an easing in coronavirus-related ......
Markets
Indian stocks rise as RBI eases mutual funds' liquidity concerns
Indian shares ended below the session's high on Monday as gains in financial stocks from the central bank's move to ......
Finance
Meeting FY21 fiscal deficit target ‘very challenging': RBI governor
Meeting India’s fiscal deficit target in the current financial year is going to be challenging and the central bank has ......
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