Reserve Bank of India
Finance
Indian junk bonds make a comeback as sales soar to five-year high
Sales of Indian junk bonds have made a big comeback in 2019, almost tripling to hit a five-year high, boosted ......
Economy
After SC order, RBI to issue fresh circular on bad debt resolution
The Reserve Bank of India (RBI) said on Thursday it would issue a revised circular on the resolution of stressed ......
Economy
RBI cuts repo rate by 25 basis points to 6%
The Reserve Bank of India (RBI) cut its benchmark interest rate by 25 basis points on Thursday, in a widely expected move ......
Finance
Govt may direct state-run banks on bad debt after court's rejection of RBI rules
The government could issue directions to state-run banks to resolve corporate default cases and ensure there is no tampering with ......
Finance
Stressed assets resolution to stretch as top court quashes RBI rules on bad loans
India's top court on Tuesday struck down the Reserve Bank of India's February 12, 2018 circular on bad loans, a ......
Finance
RBI tweaks bad loans divergence norms
The Reserve Bank of India (RBI) said on Monday banks should disclose bad loan divergences if the additional provisioning has ......
Economy
Rupee at seven-month high, further gains on the cards
The Indian rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows while ......
Economy
India needs land, labour reform to boost manufacturing, says top adviser
India's next government will have to bring in land, labour and financial sector reforms to improve the productivity of the ......
Finance
RBI lifts lending curbs on Allahabad Bank, two other lenders
The Reserve Bank of India (RBI) lifted regulatory constraints on three banks on Tuesday after they received a capital injection ......
Finance
Why the latest capital infusion into ailing government banks may not help much
On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-run banks, as part of ......