The capital infusion will be made in one or more tranches through equity subscription and is aimed at supporting PB Pay's business expansio...

The Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain com...

The European Securities and Markets Authority has granted essential recognition to India's Clearing Corporation, putting an end to a prolon...

HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The ba...

Any moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...

In a surprising announcement, Ashok Vaswani, CEO and Managing Director at Kotak Mahindra Bank, has decided to step down on December 31, 202...

The Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new platform allo...

Reserve Bank of India Governor Sanjay Malhotra stated that an interest rate hike is premature, as inflation hasn't broadly impacted consume...

The Reserve Bank of India is adopting a cautious "wait and watch" approach regarding global geopolitical shifts and monsoon progress. Gover...

RBI Governor Sanjay Malhotra stated that discussions on interest rate hikes are premature, emphasizing that the central bank will monitor i...

The MPC members had voted for a status quo in the June policy, citing resilient growth and the need to assess inflation impact while statin...

Falling crude oil prices might boost growth beyond central bank forecasts, potentially easing rate hike needs. However, supply chain disrup...

The Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.25 per cent in coming meetings as t...

Falling oil prices and easing geopolitical tensions have improved India's inflation outlook, giving the Monetary Policy Committee room to d...

Major Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...

India faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the S...

The Reserve Bank of India's Monetary Policy Committee maintained the repo rate at 5.25% with a neutral stance. External member Saugata Bhat...