Governor Rajan said that reduction in SLR might not spur credit growth immediately but it would enable banks to meet credit demand.

Banks may not look at infra bonds to raise funds before six months even as they are quite upbeat about long term option which allow them to...

IDFC rallied as much as 9.7% to hit its fresh 52-week high of Rs 164.60, after RBI allowed banks to raise long-term funds to lend to afford...

The Reserve Bank of India (RBI) allowed banks to raise long-term funds to lend to affordable housing and infrastructure.

There are concerns that the RBI norms will have a negative impact on HDFC, which is a major player in lending housing loans.

According to RBI, affordable housing loans are those up to Rs 50 lakh made to individuals for houses with value up to Rs 65 lakh.

IDFC Ltd rallied as much as 4.93%, after the RBI allowed banks to raise long-term funds to lend to affordable housing and infrastructure.

State-run banks can improve their standing by raising equity through share sale to domestic investors.

Supreme Court today upheld $ 8.5 billion Cairn-Vedanta deal, saying that the Centre and ONGC not to exercising the right of pre-emption ove...

State-owned Oil & Natural Gas Corp may this week invite Cairn India and Vedanta Resources for signing of an agreement.

ONGC today decided not to make a rival bid to Vedanta Resources' $9.6 bn acquisition of Cairn India provided its concerns on royalty payout...

The measures are among a slew of conditions proposed by oil ministry officials for an in-principle approval of the controversial deal.

The Indian Banks’ Association (IBA) has asked for regulatory sops for extending loans to the infrastructure sector for which $514 billion o...

Banks are dumping loan proposals and pumping more funds into government bonds.

Low demand and dull sentiments among corporates overshadowed banks’ businesses in the first half of December. While deposits and investment...

The Reserve Bank of India (RBI) may tinker with the statutory liquidity ratio (SLR) either way depending upon underlying monetary condition...

The ordinance is likely to be submitted soon for Cabinet approval, top government sources have confirmed.