Reserve Bank of India
Finance
Yes Bank plans to raise $666 mn more after govt bailout
Yes Bank Ltd has approved plans to raise up to Rs 5,000 crore ($666 million) to strengthen its capital base ......
Finance
Banks plan to shut down most branches during lockdown
India’s central bank and major lenders are considering shutting down most branches across the country to prevent tens of thousands ......
Economy
Govt may unveil $20-bn stimulus package to tackle coronavirus downturn
India is likely to agree an economic stimulus package of more than 1.5 trillion rupees ($19.6 billion) to fight a ......
Finance
Why NBFCs face bigger headache than banks from coronavirus
India’s non-banking finance companies face more pain in coming months as a nationwide lockdown to battle the coronavirus pandemic threatens ......
Finance
RBI nixes Religare's plan to sell NBFC unit to TCG Advisory
The Reserve Bank of India has rejected Religare Enterprises Ltd’s plan to sell its non-banking finance arm to asset management ......
Finance
Govt, RBI mull relaxing bad loan rules for sectors hit by coronavirus
India’s government and central bank are considering giving relief to banks, aviation and other hospitality sectors hit by the coronavirus ......
Finance
Banks to seek relief from RBI on bad loans amid coronavirus concerns
The coronavirus pandemic has sparked concerns about a fresh surge in bad loans at India’s lenders, and the industry body ......
Finance
Crisis-hit Yes Bank plunges into $2.5 bn quarterly loss
Troubled Indian lender Yes Bank reported a wider-than-expected quarterly loss of 185.6 billion rupees ($2.5 billion), and said it was ......
Finance
Yes Bank debacle: How healthy are smaller private-sector banks?
The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders, especially ......
Markets
Rupee drops to record low amid coronavirus scare
The Indian rupee dropped to a record low on Friday, weighed down by worries over the coronavirus pandemic that has ......
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