India has earned hard-won credibility on price stability. Raising or diluting the target now would throw it all away.
The latest misappropriation scandal is a reminder that India’s cooperative banks remain captive to weak governance and political patronage. The cracks run deep.
MoS Pankaj Chaudhary clarifies in Lok Sabha that banks cannot reject applicants with zero credit history.
The approval was made at 618th meeting of the Central Board of Directors of RBI held today in Lucknow under the Chairmanship of Sanjay Malhotra, Governor, as per release.
But it still is lower than what it was in the year-ago period, a sign that the lending growth is yet to pick up momentum
The use of TREPS is becoming increasingly widespread as a means to hold cash positions. As per PrimeMFDatabase, 89.71 percent of equity schemes had exposure to cash equivalents like TREPS, CBLO (Collateralized Borrowing and Lending Obligation), or reverse repos in July. In just two months, 18 additional equity schemes have begun using these instruments to manage cash positions.
Ahead of the speech, dollar index has firmed up to 98.677 in the morning trade, as compared to 98.619 at the previous close.
The RBI central bank will take a data-driven approach, will assess the full spectrum of primary, secondary, and tertiary effects of the tax overhaul before altering the policy stance, Bhattacharya has said
Further, to mitigate the external shocks from tariffs, Kumar emphasised on the need for India to diversify its export markets and deepen trade ties with other economies.
The Central government initially notified the inflation target with the tolerance band on August 5, 2016, for the period 2016-2021. In the first review conducted in March 2021, this target was retained for the subsequent five years till March 2026. A second review of the target is now due by end-March 2026.
The last time when the bank credit growth was above current growth rate was as on April 18, 2025, at 10.28 percent.
Traders will be closely tracking Federal Reserve chairman Jerome Powell’s speech at Jackson Hole, which will offer clues to the US central bank’s policy trajectory.
“The current state of uncertainty on the external front, monetary policy needs to remain watchful,” the MPC minute quoted Sanjay Malhotra, the RBI Governor.
The microfinance lender plans to step up its MSME business. MFI and MSME will be built as two separate business units, with two separate COO, says Garyali
According to the RBI data, retail investors' trading activity in the secondary market in G-secs stood at Rs 4,267.55 crore as on August 11, 2025, compared to Rs 668.36 crore as on August 12, 2024.
We need a holistic portfolio wallet share of a client to make money in the corporate banking business, Manian said.
Asian currencies were down 0.05-0.52 percent in the morning trade. The South Korean won was down 0.52 percent, Taiwanese dollar 0.38 percent, Indonesian rupiah 0.30 percent and the Thai baht was down 0.21 percent
Numbers show a mixed trend even as overall loan growth remained robust
Savvy investors must weigh the lucrative opportunities against unchecked risks in AI
Despite the IBC being in place for over nine years now, operational creditors (OCs) continue to feel sidelined, and reforms have done little to improve their position in recoveries.
The yield on the benchmark sovereign bonds has risen to a four-month high on August 19 on worries that higher government borrowing and lower revenue, following the proposed overhaul of the goods and services tax (GST) regime, will likely bring down the collections.
According to Bloomberg data, the rupee has appreciated around 46 paise in past two trading sessions
As part of the change, Nitin Singh, head of private bank, Asia, has decided to leave Barclays
GST 2.0, which will likely see rates lowered on most goods and services, will cool inflation further, giving the RBI the room to ease monetary policy, they say
Along with tariff uncertainty, the plan to overhaul the GST regime, which will likely see a lower levy on most goods, has added to pressure, experts say
