News

India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...
Bank lending to the Indian economy may not see a meaningful boost despite the large liquidity surplus in the banking system, ...
India’s central bank announced plans to withdraw excess liquidity from the banking system, a move likely aimed at stemming ...
The Indian central bank's measured approach to withdrawing banking system liquidity is likely to keep overnight interbank ...
Amid rising global economic uncertainties, the Reserve Bank of India (RBI) has said that India continues to be a key engine ...
Saraswat Co-operative Bank has formally announced its intention to merge with New India Co-operative Bank in a strategic move ...
An internal committee of the Reserve Bank of India is in favor of retaining the current inflation target in an upcoming government review, according to people familiar with the matter, giving ...
It’s important to note that banks in only one Indian city will observe closure, and the remaining will be operational as ...
The move follows the bank’s earlier rate cut in June, when it lowered home loan rates from 8.00% to 7.50%, after the Reserve Bank of India reduced the policy repo rate.
MUMBAI (Reuters) -India's current account posted a surplus for the first time in four quarters in the January-March period, ...
Bank of Baroda reduces home loan interest rate to 7.45% per annum with zero processing fee, aiming to boost loan demand.