Reserve Bank of India
Economy
Govt slashes 2019-20 GDP growth forecast to 5%
India on Tuesday forecast 5% growth for the current financial year, the slowest pace in 11 years, which will likely ......
Economy
Govt plans to cut spending to curb deficit; may hurt growth
India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion Indian rupees ......
Economy
India services activity climbs to five-month high in December
Activity in India’s dominant service industry accelerated to a five-month high in December as demand rose at the fastest pace ......
Manufacturing
Factory activity picks up in December but business optimism weakens
India’s factory activity expanded at its fastest pace in seven months in December as a jump in new orders prompted ......
Finance
Financial system stable despite weakening economic growth, says RBI
India's financial system remains stable even after economic growth plummeted to a six-year low, the Reserve Bank of India (RBI) ......
Finance
Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight
India’s banking, financial services and insurance sector went through a roller coaster ride in 2019, as the government launched a ......
Finance
RBI sees corporate governance ‘fault lines' at some lenders
Growing problems of corporate governance are emerging at India's private banks and all lenders are at risk of rising default ......
Finance
Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges
When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every morning ......
Economy
Flashback 2019: The year when the economy took a hard right turn towards turmoil
Soon after winning a second term in May, Prime Minister Narendra Modi set a target to boost the Indian economy’s ......
Finance
How pricey food items limit scope for RBI to make more rate cuts
India’s volatile food prices are yet again posing a sticky inflation problem for its central bank, preventing it from cutting ......
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