What is Reserve Bank of India (RBI)

The 1-month non-deliverable forward indicated that the rupee will open flat-to-slightly-lower from its closing level of 85.77

Rural demand, services sector may lift H2 showing

Expectedly, urban households display a greater inclination to adapt their investment choices to dynamic economic conditions

Policymakers can get export growth for some time through subsidies, whether a production-linked incentive or a falsified exchange rate

RBI has given approval to HDFC Bank and its group companies to collectively acquire up to 9.5 per cent of paid-up share capital or voting rights in Kotak Mahindra Bank, AU Small Finance Bank

The move is in line with regulatory requirements to reduce its holding in the bank to 10 per cent by 2029, irrespective of the listing of Unity SFB, said sources

The branches of The National Co-operative Bank, Bangalore (Karnataka), will function as branches of Cosmos Co-operative Bank Limited (Maharashtra) with effect from January 6, 2025

On October 17, the regulator directed four non-banking finance companies (NBFCs) to cease and desist from sanctioning and disbursing loans

The representative body for business correspondents has said the current 7-day work week will be unsustainable in the long run, and will result in a more errors of omission

Bank stocks today: Jefferies has retained its 'Buy' ratings on Axis Bank, ICICI Bank, HDFC Bank, and SBI, It has upgraded Kotak Bank and downgraded Bank of Baroda

The rupee has a lot of catching up to do because its slide has been postponed when compared to its peer currencies and competitors

January Bank Holidays 2025: Banks will remain shut for 13 days in January, including certain festivals, important celebrations and national holidays. Check the complete holiday list

The higher financing costs are posing a challenge for the RBI to support an economy that's witnessing a slowdown in manufacturing activities

The CBIC underlined that, regardless of the type of voucher, transactions involving vouchers themselves will not be construed as the supply of goods or services

VFS provides loans to individual female members mainly from rural areas in a joint liability group (JLG) with each group consisting of five members

The central bank is facing challenges on the currency front, which has been under pressure in the last few months

Retail credit growth also declined to 16.3% due to drop in personal and vehicle loans, and rise in credit card outstanding

The bad loan ratio could rise to 5 per cent and 5.3 per cent under two separate high-risk scenarios

This facility will allow users to view and verify the name of the beneficiary before initiating a transaction, similar to the existing feature on India's real-time payment systems

The survey, conducted in November 2024, included responses from 12 state-owned banks and 19 private sector banks to assess the adoption of emerging technologies