Reserve Bank of India
Finance
RBI to begin bankruptcy proceedings against Dewan Housing Finance
India’s central bank said on Wednesday it would initiate bankruptcy proceedings against Dewan Housing Finance Ltd (DHFL), as it seeks ......
Finance
India's love for cash hinders move to digital economy despite demonetisation push
India's dependency on cash may slow the country's transition to digital payments despite large numbers of internet and mobile phone ......
Economy
Retail inflation breaches RBI target, quickens to 4.62% in October
India’s retail inflation breached the central bank’s medium-term target of 4% in October for the first time in 15 months, ......
Finance
Banks' stressed assets pile eases aided by $30 bn in write-offs
Indian banks wrote off more than $30 billion worth of bad debt in the year to June 30, helping to ......
Finance
Slowing Indian economy spells tough times ahead for the rupee
A slowing domestic economy will prevent India’s rupee from recouping this year’s losses against the dollar in 2020, with optimism ......
Finance
Management guru Ram Charan on root cause of scams in India Inc and how to fix it
Whether he is advising global chief executives on leadership matters or speaking about the need for greater transparency and accountability, ......
Economy
Slowdown worsens as factory growth sinks, jobless rate jumps in October
India’s factory activity growth hit a two-year low in October as new orders and output rose at a slower pace, ......
Finance
RBI asks banks to probe alleged data leak of 1.3 mn cards
The Reserve Bank of India (RBI) has asked banks to ensure customers’ debit and credit card data is secure and ......
Finance
Risk of contagion in India's financial sector rising, warn rating agencies
There is rising risk of contagion in India’s banking sector with many finance companies having lost more than half of ......
Finance
Mumbai court jails former MD of PMC Bank as fraud probe deepens
An Indian court on Thursday sent the former managing director of Punjab and Maharashtra Co-operative (PMC) Bank, Joy Thomas, to ......
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