A court on Friday extended the police remand of Hitesh Mehta, the main accused in the Rs 122 crore New India Cooperative Bank embezzlement case, till February 28. The court also remanded in police ...

Karnatak said that the bank's external benchmark-linked loans (EBLR) are already reflecting the rate cut by the Reserve Bank ...

"This monetary policy measure, in conjunction with the fiscal measures announced in the Budget, should give a fillip to ...

This marks the largest-ever dollar/rupee swap auction by the RBI. The move comes amid an ongoing liquidity deficit in the ...

India’s central bank, the Reserve Bank of India (RBI), on Friday, February 21, announced that they have decided to conduct a ...

The budget proposals on agriculture and the commitment to fiscal consolidation, among others, are positive for price stability and would help to anchor inflation expectations over the medium term, RBI ...

Another cooperative bank is in a fix. India needs a root-and-branch reform of its deposit insurance scheme for banks.

India’s foreign exchange reserves snapped a three-week gaining streak to drop to $635.72 billion as of February ...

India's inflation is seen aligning with the target of 4%, which opens up space for monetary policy to address concerns on the ...

The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable ...

India's central bank will need to inject at least another 1 trillion rupees ($11.54 billion) into the banking system by March ...

Indian banks are experiencing pressure on their net interest margins (NIMs) amid declining interest rates, following the Reserve Bank of India's rate cut. While credit demand boosts growth, ...