The Forum for Companies Under the Resolution Process (FCRP), a grouping of businessmen, has raised concerns about an EY top executive being the resolution professional for the Srei group, which is und...

The RBI on Tuesday said the economy has proved to be resilient in the face of the onslaught from the third wave of the pandemic. In its January report on the state of the economy, the apex bank said ...

State Bank of India and HDFC Bank, two of the country’s largest banks, have raised fixed deposit rates on select tenors by up to 10 basis points — a clear signal that interest rates are he...

The rapid spread of the Omicron virus has forced many analysts to lower their growth forecast for the year. Citigroup Inc, India Ratings & Research and ICICI Bank have lowered their gross domesti...

Goldman Sachs on Monday projected the US Federal Reserve to hike interest rates on four occasions in 2022. The higher rates could suck out more than expected liquidity from emerging markets such as In...

Former RBI Governor Urjit Patel has been appointed as a vice-president of Beijing-based multilateral funding institution AIIB, sources in the bank said on Sunday. India is a founding member of the As...

CSB Bank, the Kerala-based private sector lender, on Saturday said managing director and CEO C VR Rajendran has decided to take early retirement on health grounds. Rajendran, whose term was to end on...

Yield on the benchmark 10-year bond hit a two-year high intra-day as it flared past the 6.50-per-cent mark, raising the spectre of higher interest rates on corporate borrowings and even other loans. T...

India's current account slipped into a deficit of USD 9.6 billion or 1.3 per cent of GDP in the September quarter, the Reserve Bank said on Friday. The current account, which records the value of...

A deputy-governor of the Reserve Bank of India has recently claimed that monetary policy in India is financially inclusive by design, implying that people at the bottom of the income and wealth pyrami...