The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.
India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of ...
The Indian rupee is tipped to stay under pressure on Monday with the U.S. dollar holding near a two-year peak, while traders ...
A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...
India’s consumer price index (CPI) should be revised on the basis of the latest survey of household consumption expenditure.
In 2022, the RBI updated regulations for MFIs, which now apply to all entities in the sector, including banks, small finance ...
The buying, however, was limited to banks that were active in the months leading to November, according to Krishan Gopaul, ...
RBI stated today that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the ...
India's central bank said on Wednesday it has removed restrictions imposed on non-banking financial companies (NBFCs), Asirvad Micro Finance and DMI Finance, against any fresh loan ...
According to the report, India stands at the second position in terms of addition to its gold reserve in 2024, behind Poland ...
India’s GDP is projected to grow at 6.4 percent in FY 2024–25, as per the first advance estimates released by the NSO on ...
The rupee extended its slide for the second straight session and declined 17 paise to hit a fresh record low of 85.91 against the US dollar on Wednesday amid higher crude oil prices and stronger ...