This growth compares with a shrinking of 4.7 percent in the same quarter a year ago, RBI data shows.

The change in portfolios was announced by chairman Rajnish Kumar on Wednesday night.

Banks’ proprietary stock holding has almost doubled by 93%, from Rs 38,478 crore in June 2015.

Apart from rejigging its portfolio, SBI also promoted nine chief general managers to the deputy general manager rank late on Wednesday even...

Here is a list of top stocks that are likely to be in focus in today's trading session.

Bond trading volumes have been declining, averaging Rs 290 bn a day in the first two months.

The recently-released GDP numbers indicate that there is a modest pickup in fixed assets formation.

Significantly, the move to revise rates comes soon after the government announced the repurchase of its securities worth Rs 30,000 crore th...

Average inflation in FY18 is likely to remain benign and much below 4%, even though near-term inflation outlook is likely to see a vegetabl...

“There are no signs of structural inflation,” C. Venkat Nageswar, who is also deputy managing director at the nation’s top lender by assets...

Country-wide waivers may reach 20 per cent of India’s estimated outstanding farm loans.

Inflation is likely to fall further in June and July and should remain below 4% till November.

Rakesh Mohan, a potential candidate to head RBI, has termed banks’ increased buying of government bonds as “lazy banking”. But bankers attr...

Nageswar says the market is looking buoyant amid forecast of a good monsoon while bonds yields can dip below 7 per cent this fiscal if RBI ...

During the year, managing director VG Kannan and chairman Arundhati Bhattacharya too would retire.

The eight new candidates include two women and one from associate bank were selected for the DMD rank. In all 17 candidates that appeared f...

The agreement was signed between SBI's regional head (East Asia), C Venkat Nageswar and Korea Eximbank's member of Board of Directors, Youn...