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Retail inflation eases to 6.93% in November

Economy

14 December, 2020

Retail inflation eases to 6.93% in November

 India's retail inflation eased in November after holding above 7% for two straight months, but remained beyond the upper bound ......

RBI keeps interest rates steady, raises GDP forecast

Economy

04 December, 2020

RBI keeps interest rates steady, raises GDP forecast

The Reserve Bank of India (RBI) kept its key interest rates steady as widely expected on Friday amid persistently high ......

RBI puts curbs on HDFC Bank's digital, credit card operations

Finance

03 December, 2020

RBI puts curbs on HDFC Bank's digital, credit card operations

The central bank has forbidden India’s largest private lender, HDFC Bank, from adding new credit card customers or launching digital ......

Rupee hits six-week high; RBI liquidity stance eyed

Markets

01 December, 2020

Rupee hits six-week high; RBI liquidity stance eyed

The Indian rupee strengthened on Tuesday to its highest level in 1-1/2 months, boosted by foreign fund inflows to equities, ......

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What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

Finance

20 November, 2020

What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

An internal panel of the Reserve Bank of India has suggested allowing large corporate houses to own significant stakes in ......

Lakshmi Vilas Bank put under moratorium, to be merged with DBS

Finance

17 November, 2020

Lakshmi Vilas Bank put under moratorium, to be merged with DBS

Lakshmi Vilas Bank has been put under a moratorium and may be merged with the local unit of Singapore’s DBS ......

Retail inflation remains over 7% for second straight month in October

Economy

12 November, 2020

Retail inflation remains over 7% for second straight month in October

India's retail inflation remained above 7% in October for a second straight month as vegetable prices stayed at elevated levels, ......

Govt unveils third round of stimulus totalling $16 bn to boost jobs, farm sector

Economy

12 November, 2020

Govt unveils third round of stimulus totalling $16 bn to boost jobs, farm sector

The Indian government announced a fresh stimulus of $16.1 billion on Thursday to be spent largely on creating jobs and ......

RBI lifts restrictions on Equitas Small Finance Bank after IPO

Finance

09 November, 2020

RBI lifts restrictions on Equitas Small Finance Bank after IPO

The Reserve Bank of India has allowed Equitas Small Finance Bank to open new branches and lifted a freeze on ......

RBI explores investment options for forex reserves

Economy

03 November, 2020

RBI explores investment options for forex reserves

The Reserve Bank of India is looking at diversifying its foreign exchange reserve investments amid the fall in global interest ......