Reserve Bank of India
Finance
India to miss fiscal deficit target as slowing growth crimps tax revenue
India is likely to miss its fiscal deficit target of 3.3% of gross domestic product for the current financial year ......
Economy
Slowing Indian bank lending overshadows economic rebound hopes
Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of ......
Markets
Nifty, Sensex rise as auto stocks lead gains
Indian shares ended higher on Tuesday, led by auto sectors, as investors hoped for further rate cuts from the country's ......
Markets
Nifty, Sensex rise ahead of inflation data; Infosys drops
Indian shares ended higher on Monday, buoyed by auto and real estate stocks, as investors awaited headline inflation data due ......
Infrastructure
Indian real estate slump leaves beleaguered banks exposed
India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the ......
Markets
Sensex, Nifty slide as banks slump; earnings in focus
Indian markets closed lower on Thursday, led by a sharp drop in banking shares, while investors awaited a raft of ......
Finance
Govt weighs stricter laws to curb frauds in co-operative banks
The India government is considering amending laws to curb malpractices at co-operative banks in Asia’s third-largest economy, following allegations of ......
Finance
RBI blocks merger of Lakshmi Vilas Bank with Indiabulls Housing
Indian lender Lakshmi Vilas Bank Ltd (LVB) said on Wednesday the central bank had not approved its merger with Indiabulls ......
Markets
Nifty, Sensex mark worst losing streak since July
Indian shares ended lower for a sixth straight session on Monday, led by losses in steelmakers and energy stocks as ......
Finance
SC Lowy's India biz head on what's driving, and hampering, stressed assets deals
Hong Kong-based financial group SC Lowy is stepping up its distressed assets game in India by betting on non-banking financial ......
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