The Reserve Bank of India (RBI), perhaps for the first time in many years, has booked dollar/rupee forwards exceeding one-year…
Payments banks will alter the way transactions are carried out but they will complement banks, not compete with them
43% of accounts opened under scheme don’t have any balance
Sanctions Rs 9,500-cr loans through staff referrals in 5 months
Reserves are at a record high of $355 billion, the CAD is a mere 0.2% of GDP and consumer inflation…
The global market rout over the last two sessions has brought back the influence of offshore dollar/rupee rates on the…
The board of the Reserve Bank of India (RBI) met on Thursday and probably, for the first time, it was…
Rupee declines most in 2 months, could force RBI hand on dollar buying
The biggest stumbling block to boosting liquidity is that insurance companies and pension funds hold on till maturity
India has emerged as the top buyer of US treasury paper with aggregate holdings growing 63% y-o-y as of May-end…
At the current price of gold, the value of the RBI gold reserves could be $19.5 billion. This would be…
Overseas borrowings of companies excluding those of financial institutions and foreign investors’ holdings of onshore rupee bonds rose 40% in…
It is still too early to rejoice on the strong monsoon as the key months, July and August, need to…
On the back of a rather hawkish guidance from the RBI, B Prasanna, MD&CEO, ICICI Securities Primary Dealership, expects only…
Stressed assets of Indian banks could stand at an outstanding Rs 8 lakh crore by the fiscal end and a…
Reserve Bank of India (RBI) governor Raghuram Rajan is clear the forbearance regime has ended and asserts the central bank…
The RBI came down heavily on banks for a second time in quick succession, prodding them to cut lending rates…
With the lowest deposit growth in half a century as a backdrop, banks want to avoid cutting deposit rates…
