reserve bank of india
Merger failure: Lakshmi Vilas Bank confident of raising capital
LVB is under the prompt corrective action framework of RBI since last month for low levels of capital buffers.
Inflation increased in September but won't 'bring tears' to RBI: Report
If the consensus is right, inflation will come in below the RBI’s medium-term target for 14 months in a row.
Indiabulls Housing Finance, Lakshmi Vilas Bank hit 52-week lows
Indiabulls Housing Finance (IBHF) stock tumbled 18.02 per cent to trade at Rs 197 on the BSE.
Yes Bank shares jump over 4 per cent on fresh investment buzz
Shares of the private sector lender rose 4.15 per cent to Rs 43.85 on the BSE.
Banks can quote forex rates round the clock
The whole initiative is aimed at reducing the exchange risk for persons resident in India.
RBI does its bit, govt’s turn next
Compared to a repo rate of 135 basis points over the one year, banks have slashed their lending rates only by 29 basis points.
Loans to become cheaper after RBI cuts interest rate to a decade low
RBI will continue accommodative stance as long as it is necessary and growth revives, said RBI Gov Shaktikanta Das.
RBI cuts repo rate by 0.25 per cent to support growth
The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.
India's services sector activity contracts in Sep on weak demand: PMI
The IHS Markit India Services Business Activity Index fell to 48.7 in September from 52.4 in August.
RBI likely to cut policy rate on Friday to boost economy
RBI Governor Shaktikanta Das has already hinted further monetary policy easing while space for fiscal space is limited.