The Reserve Bank of India (RBI) is unlikely to change interest rates and will maintain the status quo, according to the ongoing third monetary policy committee meeting. The outcome of …
BENGALURU: India’s dominant services sector expanded at its fastest pace in 13 years last month as demand increased significantly despite elevated inflationary pressures, a business survey showed on Thursday. S&P …
Mumbai: At a time when insurance companies are awaiting regulatory clarity on investment limit norms for purchases of bonds of HDFC Ltd, the Reserve Bank of India is yet to …
India’s banking regulator is nudging Kotak Mahindra Bank to select someone outside the lender’s ranks to succeed billionaire founder Uday Kotak as the next Chief Executive Officer, according to people …
MUMBAI: India’s banking regulator is urging Kotak Mahindra Bank Ltd. to choose an external candidate as the next Chief Executive Officer to succeed billionaire founder Uday Kotak, according to sources …
The finance ministry confirmed on Monday that there are no plans to extend the deadline for the exchange of Rs 2,000 notes beyond September 30, 2023. Minister of State for …
After Singapore, UAE, Nepal, Bhutan and France, Sri Lanka is the new country to adopt India’s Unified Payments Interface (UPI) payment service. Prime Minister Narendra Modi and Sri Lanka President …
A number of municipal corporations, including Vadodara, Chennai, Kolkata, Prayagraj, Agra, Kanpur, and Varanasi, are seeking to raise approximately ₹1,000 crore through the issuance of bonds in the current and …
Consumer price inflation is expected to exceed the Reserve Bank’s tolerance mark of 6 per cent again in July and August due to soaring vegetable prices, according to a Japanese …
The Reserve Bank of India and the Central Bank of UAE have signed two memoranda of understanding promoting the use of local currencies and domestic payment systems across borders.The Reserve …