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Indian junk bonds make a comeback as sales soar to five-year high

Finance

23 April, 2019

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 ......

After SC order, RBI to issue fresh circular on bad debt resolution

Economy

04 April, 2019

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 ......

RBI cuts repo rate by 25 basis points to 6%

Economy

04 April, 2019

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 ......

Govt may direct state-run banks on bad debt after court's rejection of RBI rules

Finance

04 April, 2019

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 ......

Stressed assets resolution to stretch as top court quashes RBI rules on bad loans

Finance

02 April, 2019

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 ......

RBI tweaks bad loans divergence norms

Finance

01 April, 2019

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 ......

Rupee at seven-month high, further gains on the cards

Economy

18 March, 2019

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 ......

India needs land, labour reform to boost manufacturing, says top adviser

Economy

04 March, 2019

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 ......

RBI lifts lending curbs on Allahabad Bank, two other lenders

Finance

27 February, 2019

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 ......

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Why the latest capital infusion into ailing government banks may not help much

Finance

21 February, 2019

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 ......