India's consumer inflation rate likely eased to a more than six-year low of 3% in May thanks to a favourable base and a ...

Investors are set to funnel surplus money into short-term bonds, further boosting an already favored play in India’s debt ...

The Reserve Bank of India’s surprise outsized rate cut last week will leave the rupee vulnerable to further depreciation by ...

The central bank led by Sanjay Malhotra surprised by slashing its key policy rate by 50 basis points. Under the new governor, ...

Walmart's Flipkart has obtained a lending licence from the Reserve Bank of India (RBI), allowing the e-commerce platform to ...

India’s central bank said it will stop daily fund injections into the financial system, days after the monetary authority ...

Jana Small Finance Bank has applied to the RBI for a universal banking licence. Calling it a key milestone, the bank said the ...

HDFC Bank announces a cut in its MCLR. This benefits borrowers with loans linked to this benchmark. The reduction is up to 10 ...

A credit policy for farmers is being misused, often twisted to serve dowry demands and other non-agricultural ends.

Earlier on Friday, the RBI cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash ...

Overnight and one-month MCLR now stand at 8.90%. Two- and three-year tenures are down to 9.10% from 9.20%.