As August begins, it's essential to know when banks in India will be closed. A bank holiday means banks are shut and ...

The data compiled by CareEdge Ratings said the recent moderation in inflation has been largely driven by easing food prices, ...

The report argues that an August rate cut would “bring an early Diwali” by stimulating credit growth ahead of the festive ...

Historical data shows that a similar 25 bps cut in August 2017 resulted in an incremental credit growth of Rs 1,956 billion ...

The Reserve Bank of India (RBI) governor Sanjay Malhotra has ruled out granting banking licences to corporate entities or ...

The Indian rupee found its footing on Friday after slipping to within striking distance of a record low in the previous ...

Currently, banks in India follow the Incurred Loss Model (ICL), under which they only set aside money for potential loan ...

The finance ministry suggests the Reserve Bank of India (RBI) has room to further cut interest rates as inflation remains ...

By Jaspreet Kalra and Ashwin Manikandan MUMBAI (Reuters) -Indian lenders are pulling back on retail credit just as the ...

India’s central bank will continue to prioritize stability in prices while boosting growth in Asia’s third largest economy, ...