With the Reserve Bank of India scrapping restructuring schemes in a February 12 circular, private banks have reported a decline in net profit for the March quarter, as they had to provide more amou
Global rating agency Moody’s Investors Service on Monday downgraded Punjab National Bank’s (PNB) local and foreign currency deposit rating pointing out the bank’s deteriorating asset quality, espec
Ajit Ranade, chief economist at Aditya Birla Group says the rupee was over valued according to the Reserve Bank of India (RBI) and “needed to fall a bit”. Hence, some depreciation was expected.
Flashback 2013, India was at the forefront of the broader sell-off when the US Federal Reserve was tapering Quantitative Easing (QE) purchases.
India’s multiple revisions of gross domestic product growth estimates confuse data users about the true state of the economy particularly, the real strength of the growth momentum according to re
The Reserve Bank of India’s (RBI) move to allow foreign investors to invest in shorter tenure bonds is likely to bring down the yields on them when the market opens after a long weekend on Wednesda
The rupee remains under pressure. Consistent fund outflows amid rising oil prices saw the domestic currency falling to a fresh 14-month low on Wednesday.
Amid reports of cash crunch and empty automated teller machines (ATM) in several states, the Reserve Bank of India on Tuesday denied that there is a currency shortage.
India’s 10 year bond yield fell 17 paise to touch a near four-month low as the Reserve Bank of India (RBI), in a surprise move, cut its inflation guidance for 2018-19, taking the bond market by sur
As widely expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) in its first bi-monthly monetary policy review for 2018-19 retained the policy rates and maintained a neut