Interest rate cut at this stage would be 'premature,' India cenbank chief says
The head of India's central bank said on Friday that it would be "very premature" and risky to lower interest rates at this ...
devdiscourse13h
HDFC Bank Sets Course with Rs 12,500 Crore IPO for HDB Financial Services
HDFC Bank has announced a Rs 12,500 crore initial public offering (IPO) for its subsidiary, HDB Financial Services. The IPO ...
Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
RBI NBFCs lending practices Morgan Stanley Asirvad Microfinance Fair Practices Code microfinance institutions Shaktikanta Das ...
India cenbank bars four non-bank lenders from issuing loans for breaching norms
India's central bank barred four non-bank finance companies (NBFCs) from sanctioning and disbursing loans due to "usurious" ...
The Financial Express12h
Kotak Mahindra Bank reports 5% rise in standalone net profit
Despite higher provisions, the bank's net interest income rose 11% to Rs 7,020 crore. Meanwhile, provisions for the quarter ...
India's exports of software services at USD 205.2 billion in 2023-24: RBI
India's total exports of software services, including services delivered by foreign affiliates of Indian companies, increased ...
Indian central bank's persistent intervention helps rupee avert sharp losses, traders say
The Indian central bank's persistent dollar sales on Friday have helped the rupee avert sharp losses amid sustained outflows ...
Mises Institute12d
Can the Federal Reserve Buy Gold? Should It?
Federal Reserve Act required the Fed to hold substantial amounts of gold to back its outstanding Federal Reserve Notes and ...
The Asian Age1d
Kotak Bank To Acquire StanC India’s Personal Loan Portfolio
The wealth management arm of Kotak Mahindra Bank retained the top slot in India, boosting assets under management to $33.6 ...
India Cenbank Holds Rates as Expected, Shifts Stance to 'Neutral'
MUMBAI (Reuters) -The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday, as widely expected, but ...