Reserve Bank of India
Economy
RBI cuts rates for fifth time in a row, slashes growth forecast
The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, ......
Economy
India's services sector contracts in September on weak demand
India’s dominant services sector slipped into contraction in September as new business orders fell for the first time since early ......
Finance
HDIL chairman Rakesh Wadhawan, son arrested in PMC Bank scam
India arrested the head of a bankrupt realty company on Thursday after lender Punjab and Maharashtra Co-operative Bank (PMC) accused ......
Economy
RBI to pick up slack as India stimulus measures to fall short: Poll
Recent stimulus measures announced by the Indian government will be insufficient to boost economic growth significantly, said a majority of ......
Infrastructure
India's infrastructure output falls in August for first time since 2015
India’s infrastructure output in August fell from a year earlier for the first time since April 2015, signalling the economic ......
Markets
Sensex, Nifty slip as banks lose ground; Indiabulls dives 34%
Indian stock indexes fell on Monday following a raft of negative news in the banking and real estate sectors, with ......
Economy
Govt may seek $4.3 bn interim dividend from RBI to bridge fiscal gap
The Indian government may request an interim dividend of around 300 billion rupees ($4.3 billion) from the Reserve bank of ......
Finance
RBI imposes curbs on Lakshmi Vilas Bank amid police probe
India’s central bank issued a regulatory action on Lakshmi Vilas Bank, the lender said in a statement on Saturday, at ......
Finance
Depositors panic as curbs put on major Indian co-operative bank
The Reserve Bank of India’s (RBI) move to take charge of one of the country’s top five co-operative banks on ......
Finance
Proparco grew credit to NBFCs as it has a counter-cyclical role: Philippe Serres
Proparco SA, the private-sector arm of French development finance institution Agence Française de Développement, has increased credit to Indian lenders ......
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