Earlier, the OMO purchase was worth around Rs 60,000 crore but on examining the liquidity conditions, the regulator decided to…
Mumbai police arrested Hitesh Mehta, GM and head of accounts at New India Cooperative Bank, for allegedly embezzling Rs 122…
The broader indices saw mixed movements, with the BSE Midcap index ending flat, while the BSE Smallcap index continued its…
The unsecured loans and microfinance segments, accounting for about 23% of the overall AUM of the industry, are expected to…
To overcome the problem of lack of information, the RBI in the December policy proposed a new benchmark, secured overnight…
Under project finance guidelines, banks were required to set aside 5% as provisions for loans given for infrastructure and real…
In January, the RBI announced measures like open market operation purchases, 56-day VRR and buy/sell swap to ease the prevailing tight…
Forex traders said the rupee is trading with a negative bias because of the global trade war, with market participants…
Binod Kumar, MD and CEO of Indian Bank, says measures to infuse liquidity will lower borrowing costs and improve the…
The Reserve Bank of India (RBI) is expected to cut rates by 25 basis points on Friday. The recent liquidity-easing…
The rupee hit a record low, and benchmark indices closed in the red on Monday, as Trump’s tariff policies sparked…
While the gross borrowing figures were largely in line with market expectations, a few were expecting it to be lower…
In the first nine months of FY25, the rupee depreciated 2.9%, performing better than the Canadian dollar, South Korean won,…
The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of…
A slight reduction in market borrowings is possible if the Central government opts for a switch with the Reserve Bank…
The RBI’s rate cut may help in credit growth but the deposit rate will be decided by liquidity in the…
Market participants noted that during the session, some large private banks, mutual funds and state-owned banks sold government bonds at…
The company’s revenue during the quarter under review fell 1.1% to Rs 2,448.6 crore, from Rs 2,475.6 crore in the…
