Swaminathan highlighted the role of governance in guiding SFBs towards sustainable growth with stability. He also emphasised the importance of sustainable business models
Inflation held below the RBI's medium-term target of 4.0 for a second month in August
Most large central banks have been grappling with high inflation rates over the past couple of years after having misjudged the early warning signs
Pressure on unsecured lending may weigh on growth in spending through credit card
A key reason for the current delay is that SGBs have become an expensive borrowing route for the government
Addressing a conference organised by realtors' apex body CREDAI, Goyal highlighted that the new realty law RERA has brought transparency and certainty in the real estate sector
During this period, the number of state-owned banks has decreased to 12 due to mergers, while the total number of private sector banks stands at 21
Have larger responsibility of maintaining financial stability'
S&P maintained India's growth forecast at 6.8% and said that it expected the RBI to cut rates in October. The US Fed rate cuts last week have sparked speculation about a potential spillover effect
RBI's MPC has six members - three are from within RBI: Governor, deputy governor in charge of monetary policy, and one more officer from RBI who is nominated by the central board of RBI
Set to appoint merchant bankers for proposed QIP
Citing a study by market regulator Sebi, the article further said 54 per cent of IPO shares allotted to investors were sold within a week of listing
India's foreign exchange reserves expanded by $67 billion so far in 2024, the second highest among major foreign exchange reserves holding countries, after China
RBI's net outstanding forward sales stood at $9.1 billion as of end-July, compared with a net sales of $15.84 billion at the end of the previous month, the data showed
The rating agency, in a statement placed on its website, said the assets under management (AUM) of IFL's gold business shrunk to Rs 14,727 crore as of June 30, 2024
Finance Minister Nirmala Sitharaman has urged RRBs to focus on improving digital services and supporting MSME growth
But Setty says SBI will hold on to current share by tapping small businesses
In October 2022, Esma de-recognised the Clearing Corporation of India, creating significant obstacles for European banks conducting large-scale transactions
Our stated policy is to prevent excessive volatility of the rupee, said Reserve Bank of India governor Shaktikanta Das
On September 16, public and private sector banks are closed in multiple states on the occasion of Eid-e-Milad. Here's all you need to know