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Re Settles to 3 Month High Against Dollar

Re Settles to 3 Month High Against Dollar

Foreign inflows, stable crude prices, and a weaker dollar boost the rupee’s value, marking a solid finish to the...

29 March 2025 1:01 AM IST

Ebbing inflation cements April rate cut

Ebbing inflation cements April rate cut

India’s February 2025 CPI inflation dipped below the RBI’s 4 per cent target to a seven-month low of 3.6 per cent in...

16 March 2025 10:23 PM IST

AA Edit | RBI cautious amid uncertainties

AA Edit | RBI cautious amid uncertainties

These measures are expected to provide additional liquidity in anticipation of tight financial conditions towards the...

6 March 2025 11:10 PM IST

IMF flags major systemic risk with NBFCs with exposure to power sector

IMF flags major systemic risk with NBFCs with exposure to power sector

RBI had a few months back voiced concern over the growing exposure of banks to NBFCs. According to the RBI, exposures of...

3 March 2025 6:52 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI likely to cut rates in Dec 6 policy review: report

RBI kept interest rate unchanged on fears of rising inflation while lowering growth forecast to 6.7 pc for current...

30 Oct 2017 1:34 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Govt fixes Sovereign Gold Bond rate at Rs 2,945 per gram

Minimum investment in the bonds is one gram with a maximum limit of subscription of 500 grams per person per fiscal...

28 Oct 2017 12:28 PM IST

Small-time traders across the city display signs at their shops indicating that they would accept money via PayTM. They added that the service has come in handy for them after demonetisation. (Photo: Asian Age)

Mobile wallets will enable unlimited transfer of funds: Paytm

Company says RBI guidelines released this month will enable mobile wallets to gain access to more functionalities.

27 Oct 2017 3:36 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC Bank asked to classify recast loan as NPA by RBI

Banks overall gross non-performing assets ratio had been broadly stable at 1.26 per cent.

26 Oct 2017 9:40 AM IST

Paytm, digital wallet provider, has started its own payments bank. (Photo: AFP)

Paytm adds over 120,000 physical KYC points in India

RBI's new guidelines say all prepaid instruments need to ensure their customers are KYC-enabled.

25 Oct 2017 5:22 PM IST

Finance Minister Arun Jaitley with RBI governor Urjit Patel at an event. (Photo: PTI)

Banks' recap safeguards India's economic future: Patel

RBI governor adds later a comprehensive policy would be put in place to address challenges faced by banking sector.

25 Oct 2017 2:47 PM IST

IDFC Limited on Thursday registered a growth of over 65.2 per cent in consolidated net profit at Rs 299.40 crore for Q1.

RBI imposes USD 20 million penalty on IDFC Bank

Monetary penalty on IDFC Bank for contravention of regulatory restrictions pertaining to loans and advances.

24 Oct 2017 8:25 PM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs infuse USD 2 billion in debt markets this month

FPIs however pulled out Rs 3,408 crore from equities on account of profit booking during this period.

22 Oct 2017 1:40 PM IST