Reserve Bank of India
Finance
RBI creates $66 mn fund to boost digital payments in smaller cities
The Reserve Bank of India has created a Rs 500-crore ($66 million) Payments Infrastructure Development Fund to facilitate digital...
Finance
Lenders seek RBI nod to recast over $40 bn potential NPAs
Lenders have sought permission from the Reserve Bank of India (RBI) to restructure loans worth Rs 3 trillion ($40 billion) ......
Finance
SWFs, pension funds line up for a stake in Kotak Mahindra Bank
Uday Kotak, the promoter and single-largest shareholder of Kotak Mahindra Bank Ltd, sold a 2.8% stake in the private-sector lender...
Markets
Sensex, Nifty rise as gains in financials offset Moody's rating cut
Indian shares ended higher on Tuesday for a fifth straight session as a rally in financial stocks and positive broader ......
Markets
Indian stocks' performance this year to be worst since 2011: Poll
Indian stocks will not recoup this year's losses anytime soon and 2020 will mark the worst annual performance in nine ......
Markets
Sensex, Nifty decline as RBI loan relief hits banks
Indian shares slid on Friday, as banks suffered following the central bank’s decision to cut policy rates and extend a ......
Economy
RBI cuts interest rates again, projects GDP to contract in FY21
The Reserve Bank of India on Friday cut interest rates by 40 basis points in a surprise move to revive ......
Economy
RBI may need to aggressively cut rates alongside fiscal stimulus: Economists
The Indian government's frugal economic stimulus package has put pressure on the Reserve Bank of India to intervene, as analysts...
Economy
Why Modi govt's economic plan is unlikely to soften coronavirus blow
India’s $266 billion economic rescue package rests mostly on boosting company credit but contains scant new public spending,...
Markets
Sensex, Nifty enjoy stimulus boost; details eyed
Indian shares soared on Wednesday after Prime Minister Narendra Modi outlined a 20-trillion-rupee ($266 billion) stimulus package...
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