The Reserve Bank of India (RBI) has proposed stipulating a minimum level of ‘loan component’ in fund-based working capital loans for large borrowers.
People’s expectations on the availability of jobs, perception on employment prospects and its availability worsened with 44.1 per cent reporting declining trends in 2018 compared to 30.2 per cent i
India's 10-year benchmark bond yield closed near the 8 per cent mark, its highest in three years on Thursday after the Reserve Bank of India (RBI) increased the policy repo rate by 25 basis points
Public sector banks have reported large losses for the quarter ended March 2018 as bad loans surged and provisions more than doubled after the Reserve Bank of India (RBI) scrapped restructuring sch
The Modi government’s four years in office have been a mixed bag of positives and misses for the banking sector with the key reform being the introduction of the Insolvency and Bankruptcy Code (IBC
It has been close to 16 months since the introduction of the Insolvency and Bankruptcy Code(IBC) which was introduced to get lakhs of crores of bank funds stuck in debt-laden companies through asse
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.