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RBI cuts repo rate in first policy review under new governor

Economy

07 February, 2019

RBI cuts repo rate in first policy review under new governor

India's central bank on Thursday unexpectedly lowered interest rates and, as anticipated, shifted its stance to "neutral" from "calibrated tightening" ......

Rupee to underperform in 2019 even as dollar's dominance diminishes: Poll

Economy

06 February, 2019

Rupee to underperform in 2019 even as dollar's dominance diminishes: Poll

The Indian rupee is set to underperform against the dollar again this year, weighed down by uncertainty ahead of a ......

RBI may soften policy stance, inch towards rate cut

Economy

05 February, 2019

RBI may soften policy stance, inch towards rate cut

The Reserve Bank of India is likely to change its monetary policy stance to “neutral” from “calibrated tightening” on Thursday ......

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In Charts: Are small and mid-sized private banks grossly overpaying their CEOs?

Finance

22 January, 2019

In Charts: Are small and mid-sized private banks grossly overpaying their CEOs?

There has been talk of late that the Reserve Bank of India (RBI) may impose limits on the pay packets ......

Here's why the Modi government is showering sops on SMEs

Economy

11 January, 2019

Here's why the Modi government is showering sops on SMEs

Prime Minister Narendra Modi’s government and other institutions are leaving no stones unturned to woo small businessmen. On 2 January, the ......

RBI accountable to govt, says chairman of central bank panel

Economy

10 January, 2019

RBI accountable to govt, says chairman of central bank panel

The Reserve Bank of India is accountable to the government and should make policies within the framework set by the ......

YES Bank finalises potential candidates for top job

Finance

09 January, 2019

YES Bank finalises potential candidates for top job

Yes Bank Ltd said on Wednesday it has finalised the potential candidates for the position of chief executive officer to ......

RBI asks banks to classify loans to IL&FS as non-performing

Finance

09 January, 2019

RBI asks banks to classify loans to IL&FS as non-performing

The Reserve Bank of India (RBI) has asked lenders of Infrastructure Leasing and Financial Services Ltd (IL&FS) to classify loans ......

RBI open to injecting liquidity, may pay up to $5.8 bn interim dividend to govt

Economy

07 January, 2019

RBI open to injecting liquidity, may pay up to $5.8 bn interim dividend to govt

The Reserve Bank of India (RBI) is open to infusing “need-based” liquidity into the financial system, Governor Shaktikanta Das said ......

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

Economy

03 January, 2019

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

Indian banks are likely to recover Rs 70,000 crore ($9.95 billion) of bad loans by the end of March, helped ......