Reserve Bank of India
Economy
RBI holds interest rates amid rising inflation
India's central bank unexpectedly kept interest rates on hold on Thursday, amid a recent rise in retail consumer prices, and ......
Finance
Not right to drag all distressed companies into insolvency: SBI MD
Indian banks and financial regulators should look for solutions outside the bankruptcy law to deal with stressed assets that will ......
Economy
India's services activity contracts for fifth straight month in July
India’s dominant services industry, a key driver of economic growth, shrank for a fifth straight month in July as restraining ......
Finance
GIC bets more on Bandhan Bank as Temasek joins in
Singapore sovereign wealth fund GIC Pte Ltd has increased its stake in Bandhan Bank while its sister concern Temasek Holdings ......
Finance
Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank chief
The Reserve Bank of India has approved the appointment of Sashidhar Jagdishan as managing director and CEO of HDFC Bank ......
Infrastructure
Former RBI chief Urjit Patel to join board of Nalanda Capital-backed firm
Former Reserve Bank of India governor Urjit Patel is set to join the board of Nalanda Capital-backed Great Eastern Shipping ......
Finance
In Charts: How the woes of India's banking sector and economy may worsen
Last week, the Reserve Bank of India unveiled the results of the latest “stress test” that it conducts periodically to ......
Economy
India's gloomy outlook darkens, recovery path in doubt: Poll
The outlook for India's reeling economy has worsened again as business activity slows and COVID-19 infections soar, and will probably ......
Finance
US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank
The Reserve Bank of India has allowed two shareholders of IndusInd Bank and CSB Bank to increase their individual stakes ......
Finance
Banks' bad debt to jump amid COVID-19 pandemic: RBI report
Bad loans in the Indian banking system could soar to almost 15% of total loans by March 2021 as the ......
