Oil drives Indian rupee lower, 10-year yield to 18-month high
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India imports 80% of its oil needs and high prices result in increased imported inflation and have a spiralling impact on the prices across other sectors.
Global climate action: Indian banks need to accelerate green financing
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Indian banks need to move away from financing fossil fuels projects and prioritise lending to renewable energy and other environmentally sustainable projects
Industrial loan growth turns negative in 2020-21 due to Covid: RBI data
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Industrial loan growth, which has been decelerating during the last decade, turned negative for the first time during 2020-21 as economic activity slowed down in the aftermath of the Covid-19 pandemic
Loan scam: CBI charge sheet against ex-Yes Bank MD Rana Kapoor, wife
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The CBI has filed a charge sheet against former Yes Bank managing director and CEO Rana Kapoor, his wife Bindu and promoter of Avantha Group Company Gautam Thapar
'Don't want to rock the boat': What MPC said after keeping rates unchanged
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At the moment, G-SAP is not required but going forward, the G-SAP option, together with options of 'operation twist', and 'open market operations' are very much on the table.
RBI keeps all liquidity windows for states open till Mar-end
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Since the beginning of tpandemic and resultant higher borrowings, states have been paying higher interest to their bondholders trending close to 7 per cent all so far this fiscal.
RBI Monetary policy LIVE: IMPS per transaction cap raised to Rs 5 lakh
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RBI Monetary policy LIVE updates: RBI announcement comes against the backdrop of Covid-19 infections receding in recent days and the economy stablising. Stay tuned for all the LIVE updates
RBI Monetary policy LIVE: RBI likely to hold rates, target liquidity
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RBI Monetary policy LIVE updates: RBI announcement comes against the backdrop of Covid-19 infections receding in recent days and the economy stablising. Stay tuned for all the LIVE updates
RBI Monetary policy LIVE updates: RBI announcement comes against the backdrop of Covid-19 infections receding in recent days and the economy stablising. Stay tuned for all the LIVE updates
RBI Monetary policy LIVE updates: RBI announcement comes against the backdrop of Covid-19 infections receding in recent days and the economy stablising. Stay tuned for all the LIVE updates
Small ticket personal loans delinquencies shoot up in FY21, NBFCs most hit
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Small ticket personal loans segment has witnessed a huge surge in asset quality stress for lenders in the pandemic-affected FY21, with NBFCs taking the maximum brunt
Banks need to accelerate green lending for sustainable growth: SBI chief
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Banks have always been the backbone of India's economic growth and as the country pivots to sustainable growth, the banking sector will have to accelerate green lending, said SBI Chairman Dinesh Khara
Rupee rises 22 paise to 74.76 against US dollar in early trade
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The Indian rupee appreciated 22 paise to 74.76 against the US dollar in opening trade on Thursday, tracking a positive trend in domestic equities.
At the interbank foreign exchange, the rupee opened at 74.77 against the dollar, then inched higher to 74.76 re
Goals of audit, executive are common: CAG Girish Chandra Murmu
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Comptroller and Auditor General of India (CAG) G C Murmu on Wednesday said the audit and the executive are on the same side of table and their goals are common
RBI to keep key interest rates unchanged: HDFC Bank chief economist
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The Reserve Bank is likely to leave the key interest rates unchanged at its fourth bi-monthly policy review, according to HDFC Bank Chief Economist Abheek Barua