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Reserve Bank of India

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Startup funding slowdown shows signs of bottoming out

TMT

13 April, 2023

Startup funding slowdown shows signs of bottoming out

Angel investments and venture capital funding in Indian startups appear to be stabilizing after dropping to a nine-year low in February, with the total number of transactions in ......

RBI holds key repo rate at 6.5%

Finance

06 April, 2023

RBI holds key repo rate at 6.5%

The Reserve Bank of India (RBI) surprised markets by holding its key repo rate steady on Thursday after six consecutive ......

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VC-backed fintechs' credit card play gets second shocker as key issuer pulls the plug

Finance

03 April, 2023

VC-backed fintechs' credit card play gets second shocker as key issuer pulls the plug

SBM Bank India, the wholly-owned subsidiary of foreign lender State Bank of Mauritius (SBM), has blocked the corporate credit cards ......

RBI to raise rates once more on April 6 but leave door open for more: Poll

Economy

29 March, 2023

RBI to raise rates once more on April 6 but leave door open for more: Poll

The Reserve Bank of India will raise its main interest rate by 25 basis points on April 6 and then ......

Govt seeks data on PSU banks' bond portfolios amid global banking turmoil

Finance

23 March, 2023

Govt seeks data on PSU banks' bond portfolios amid global banking turmoil

India has asked state-owned lenders to submit details of their bond portfolios ahead of a quarterly meeting between the government ......

How resilient are Indian lenders amid a global banking turmoil?

Finance

20 March, 2023

How resilient are Indian lenders amid a global banking turmoil?

Turbulence in the United States and the European banking sectors has prompted Indian policymakers to assure investors that the domestic ......

Money laundering rules to apply to crypto trade: Govt notification

Finance

09 March, 2023

Money laundering rules to apply to crypto trade: Govt notification

India's money laundering laws will apply to trade in cryptocurrencies, the federal government said in a notification dated March 7. The ......

February services PMI hits 12 year high

General

03 March, 2023

February services PMI hits 12 year high

Activity in India's dominant services sector expanded at the fastest pace in 12 years in February on strong demand as ......

Markets end lower in volatile session ahead of RBI's rate decision

Finance

07 February, 2023

Markets end lower in volatile session ahead of RBI's rate decision

Markets struggled for direction on Tuesday before closing lower, as markets see-sawed between optimism that the Reserve Bank of India ......

Financials power markets to weekly gains

Finance

03 February, 2023

Financials power markets to weekly gains

Markets rose on Friday and logged weekly gains, aided by a rise in financials and optimism that the rate hike ......