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Finance minister Nirmala Sitharaman

The Big Fix

It is no rosy picture as the financial system is in a mess, but there is enormous potential to tap and re-energise the...

5 Jan 2020 3:41 AM IST

Global rating agency Fitch on Monday slashed its GDP forecast for India for FY18 saying growth has repeatedly disappointed in recent quarters.

RBI steps to boost credit growth risky: Fitch

The CRR is the percent of its cash deposits a commercial bank must maintain with the RBI.

11 Feb 2020 4:20 AM IST

Future First Insurance Broking has teamed up with Arohan Financial Services, part of the Aavishkaar Group, eastern Indias largest NBFC MFI, to offer simple, customized and affordable insurance products in areas of major livelihood threats including health, accident, natural calamities, theft etc.

We need an overhaul of the customer protection regime

Financial education and awareness is the most powerful antidote against risky investment traps.

11 Feb 2020 2:17 AM IST

Reserve Bank of India (RBI)

Policy measures to drive credit growth

The special dispensation will be for all bank credit to these sectors for a period of six months between January 31 and...

7 Feb 2020 1:58 AM IST

RBI Governor Shaktikanta Das.

RBI keeps rates intact, clears way for cheaper loans

The central bank also announced a one-time permission to extend restructuring of MSME loans.

7 Feb 2020 1:20 AM IST

The RBI draws its powers from several Indian statutes, the most significant of them being the Reserve Bank of India Act, 1934. (AFP)

The design of RBI limits its abilities

The time has come to repeal the central bank's antiquated 1934 legal architecture

15 March 2020 10:37 PM IST

Yes Bank founder Rana Kapoor being taken to a court after being arrested by Enforcement Directorate under money laundering charges, in Mumbai (PTI)

Yes Bank crisis: Rana Kapoor's assets, companies, investments under ED...

Kapoor was arrested at the Enforcement Directorate office in Ballard Estate in Mumbai today morning

8 March 2020 2:40 PM IST

Yes Bank account holders stand outside a branch of the bank to withdraw money in Patna (PTI)

Coronavirus, Yes Bank crisis to keep markets under pressure

During the last week, Sensex plunged 720.67 points or 1.88 per cent

8 March 2020 12:25 PM IST

Account holders stand in a queue to withdraw money from Yes Bank at Vashi in Navi Mumbai. PTI photo

Due diligence of Yes Bank draft scheme underway: SBI

He also said many potential investors have approached SBI after seeing the draft scheme

7 March 2020 12:49 PM IST

Reserve Bank of India (RBI)

Cryptocurrency law needed

India, whose people remit more than $80 billion a year, could save a lot with this technology.

6 March 2020 6:18 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Fed raises RBI rate cut hopes, bonds gain

The Indian 10-year bond yields fell 12 basis points to close at 6.23 per cent.

5 March 2020 1:41 AM IST

- In this Aug. 7, 2019, file photo, Reserve Bank of India (RBI) Governor Shaktikanta Das speaks during a press conference in Mumbai. AP Photo

AA Edit: RBI cuts may be ineffectual

The overall focus of the RBI has been on boosting credit growth to drive economic growth

23 May 2020 4:29 PM IST