Reserve Bank of India
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...
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...
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
The impact of the COVID-19 pandemic is likely to push up the gross non-performing assets in the Indian banking system ......
Finance
Why RBI should explore regulatory sandbox for cryptocurrencies
The Covid-19 crisis seems to have given a surge to cryptocurrencies trading domestically and globally. One of India’s homegrown...
Finance
Govt plans to sell majority stake in Bank of India, five other state-run banks
India is looking to privatise more than half of its state-owned banks to reduce the number of government-owned lenders to ......
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