RBI maintains status quo The Reserve Bank of India (RBI) kept the key policy rates unchanged in its second bi-monthly monetary policy on Wednesday but delivered a pro-growth policy with the tone of the communique being less h
Home loans set to get cheaper as RBI relaxes provisioning In a move that would make large value home loans cheaper, the Reserve Bank of India (RBI) in its second bi-monthly monetary policy cut the risk weights and standard asset provisioning on loans above R
Your EMIs may not fall much The Reserve Bank of India (RBI) is likely to hold rates on Wednesday, and borrowers are unlikely to see any major reduction in their equated monthly instalments (EMIs), bankers told Financial Chronicl
RBI to keep repo rate unchanged
The monetary policy committee (MPC) of the Reserve Bank of India (RBI) will keep the repo rate unchanged on Wednesday.
Stocks of state owned banks dip 25% in 2 weeks on PCA fears The RBI scare for public sector banks (PSBs) is very real now.
Newsmaker: No ordinary economist His research reports are now a mandatory reading for all those looking for leads on the economy with most of his predictions coming right on a number of economic trends.
Rupee drops 34p against greenback In tune with the fall in equities, the rupee slumped by 34 paise to end at a seven-week low of 64.89 against the US dollar.
Tale of two banks IDBI loss widens as BoB returns to profit State-owned banks presented a mixed picture in their quarterly results on Thursday, with IDBI Bank reporting a steep rise in losses and Bank of Baroda and United Bank of India returning to profit from
Modi’s 64 rupee swag From being one of the worst performing currencies of emerging markets in 2011-13 to one of the best units in 2017, the rupee has had a roller coaster ride.
Banking clean up; hits and misses In the last three years, the BJP government led by Narendra Modi initiated several banking sector reforms, which were a mix of hits and misses.