Reserve Bank of India
Finance
Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency
While the Indian stressed asset market is often seen as dismal, the global slowbalisation has tightened the screws on the ......
Finance
Blackstone-owned Aadhar Housing's CEO on pandemic's impact on business and more
In February 2019, Blackstone Group, the world’s largest private equity firm, inked a pact to acquire Aadhar Housing Finance Ltd. ......
Economy
Why it may be time for RBI to pause its rate-cutting cycle
With India's economic growth sputtering, the Reserve Bank of India was expected to maintain a rate-cutting cycle, but an uptick...
Economy
Wholesale prices contract for third month in June
India’s wholesale price gauge contracted for a third month in June, data released by the Ministry of Commerce and Industry...
Economy
Retail inflation accelerates in June on costlier food items
India’s annual retail inflation rose to 6.09% in June compared with 5.84% in March, pushed by a bigger increase in ......
Markets
Nifty, Sensex rise as Reliance rallies; inflation data awaited
Indian shares ended higher on Monday, led by a rally in Reliance Industries, ahead of June's inflation data which investors...
Finance
SBI to invest $235 mn more in Yes Bank
State Bank of India’s executive committee has approved a further investment of up to Rs 1,760 crore (about $234.8 million)...
Finance
Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank
A top executive at Clix Capital, controlled by private equity firm AION Capital, is set to leave the firm even ......
Markets
Why there is limited upside for rupee despite multiple positives
India's rupee has the backing of a healthier trade account, steady foreign investment inflows and a return in global risk...
Finance
RBI's liquidity move for NBFCs, HFCs is a quick fix for a long-term problem
Non-banking finance companies (NBFC) constitute around 9% of total assets of the Indian financial sector. So, insulating them...
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