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Govt to seek more dividend from RBI amid revenue shortfall

Economy

10 January, 2020

Govt to seek more dividend from RBI amid revenue shortfall

India’s government plans to push the central bank for a fiscal lifeline in the form of another interim dividend, as ......

Financial system stable despite weakening economic growth, says RBI

Finance

30 December, 2019

Financial system stable despite weakening economic growth, says RBI

India's financial system remains stable even after economic growth plummeted to a six-year low, the Reserve Bank of India...

RBI sees corporate governance ‘fault lines' at some lenders

Finance

26 December, 2019

RBI sees corporate governance ‘fault lines' at some lenders

Growing problems of corporate governance are emerging at India's private banks and all lenders are at risk of rising default...

RBI governor reiterates there is more scope to cut rates

Finance

16 December, 2019

RBI governor reiterates there is more scope to cut rates

There is scope in India for cutting interest rates further and the central bank will use it when required after ......

Nifty, Sensex decline for the week

Markets

06 December, 2019

Nifty, Sensex decline for the week

Indian shares gave up early gains and ended lower on Friday, dragged down by state-owned banking stocks, as investor risk ......

Nifty, Sensex slide after RBI surprises by holding rates steady

Markets

05 December, 2019

Nifty, Sensex slide after RBI surprises by holding rates steady

Indian shares pared early gains to end lower on Thursday after the Reserve Bank of India (RBI) kept its policy ......

RBI keeps rates on hold in surprise move, slashes GDP forecast

Economy

05 December, 2019

RBI keeps rates on hold in surprise move, slashes GDP forecast

The Reserve Bank of India kept its key lending rate on hold in a surprise decision on Thursday, despite a ......

Sensex, Nifty lose early gains, close nearly flat

Markets

02 December, 2019

Sensex, Nifty lose early gains, close nearly flat

Indian shares erased early gains to end nearly flat on Monday, dragged by losses in information technology and state-owned bank...

RBI moves to begin bankruptcy proceedings against DHFL

Finance

29 November, 2019

RBI moves to begin bankruptcy proceedings against DHFL

The Reserve Bank of India has filed an application to begin bankruptcy proceedings against shadow lender Dewan Housing Finance...

Govt wants RBI to buy out stressed assets of shadow banks

Finance

28 November, 2019

Govt wants RBI to buy out stressed assets of shadow banks

India’s finance ministry wants the Reserve Bank of India to set up a fund to buy out stressed assets of ......

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