A sharp slowdown in India's manufacturing sector - a key driver of job creation - was a major factor in the monetary policy ...

According to the latest rules, when a loan borrower decides to foreclose a floating rate loan or prepay it, the bank will not ...

Personal loan growth slowed to 13.7% by December 2024 from 15.2% in September due to regulatory warnings. Total bank credit ...

RBI finally embarked on rate cuts in Feb-24, but sharply lower inflation opened the doors for a second rate cut ...

India's central bank plans to inject $10 billion via a foreign exchange swap to alleviate a cash crunch in the banking system ...

On Friday, the apex bank decided to conduct a long-term USD/INR Buy/Sell swap auction of $10 billion for a tenor of 3 years.

India's appointment of former central bank governor Shaktikanta Das as a key aide to Prime Minister Narendra Modi reinforces ...

The recent MPC meeting, held from February 5-7, saw all members agreeing that a rate cut was needed to support slowing ...

Shaktikanta Das’s appointment as principal secretary-2 to Prime Minister Narendra Modi on February 22, 2025, not only marks a ...

A sharp slowdown in India's manufacturing sector - a key driver of job creation - was a major factor in the monetary policy ...

The RBI's draft circular, issued on February 21, emphasised responsible lending by prohibiting foreclosure charges or ...