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 ...

The Indian rupee hit a record low of 85.93 per U.S. dollar due to rising U.S. bond yields and strong dollar bids, but the ...

Appointing independent technocrats to the monetary policy committee has been one of the government’s most important reforms.

HDFC Bank has cut its marginal cost of funds-based lending rate (MCLR) on select tenures by up to 5 basis points (bps). The ...

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 ...

According to the report, India stands at the second position in terms of addition to its gold reserve in 2024, behind Poland ...

Among private banks, ICICI Bank, Axis Bank, and HDFC Bank are identified as top picks, with Kotak Mahindra Bank upgraded from Hold to Buy due to improved valuations.

The Reserve Bank of India has launched the 68th round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period October December 2024 (Q3:2024-25 ...

After the RBI lifted the ban on its microlending arm Asirvad Micro Finance, shares of Manappuram Finance gained over 6 per ...