Reserve Bank of India

Bruised Indian economy to be battered further by coronavirus: Poll

Economy

27 March, 2020

Bruised Indian economy to be battered further by coronavirus: Poll

India’s already-slowing economy weakened to at least an eight-year low this quarter and will slow even more sharply in the...

Finance

26 March, 2020

Yes Bank plans to raise $666 mn more after govt bailout

Yes Bank plans to raise up to Rs 5,000 crore ($666 million) to strengthen its capital base after the government ......

Finance

26 March, 2020

Banks plan to shut down most branches during lockdown

India’s central bank and major lenders are considering shutting down most branches across the country to prevent tens of...

Economy

25 March, 2020

Govt may unveil $20-bn stimulus package to tackle coronavirus downturn

India is likely to agree an economic stimulus package of more than 1.5 trillion rupees ($19.6 billion) to fight a ......

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Finance

25 March, 2020

Why NBFCs face bigger headache than banks from coronavirus

India’s non-banking finance companies face more pain in coming months as a nationwide lockdown to battle the coronavirus...

Finance

23 March, 2020

RBI nixes Religare's plan to sell NBFC unit to TCG Advisory

The Reserve Bank of India has rejected Religare Enterprises Ltd’s plan to sell its non-banking finance arm to asset management...

Finance

18 March, 2020

Govt, RBI mull relaxing bad loan rules for sectors hit by coronavirus

India’s government and central bank are considering giving relief to banks, aviation and other hospitality sectors hit by...

Finance

17 March, 2020

Banks to seek relief from RBI on bad loans amid coronavirus concerns

The coronavirus pandemic has sparked concerns about a fresh surge in bad loans at India’s lenders, and the industry body...

Finance

16 March, 2020

Crisis-hit Yes Bank plunges into $2.5 bn quarterly loss

Troubled Indian lender Yes Bank reported a wider-than-expected quarterly loss of 185.6 billion rupees ($2.5 billion), and said...

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Finance

13 March, 2020

Yes Bank debacle: How healthy are smaller private-sector banks?

The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders,...

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