The benchmark indices — the Sensex and the Nifty — ended in the red because of profit booking amid weak global cues despite a good beginning to the results season.
The 30-share BSE Sensex...
Currency in circulation (CiC) rose 22.7 per cent as of January this year as people continued to hold on to cash amid the Covid-19 pandemic.
The 22.7 per cent increase is one of the sharpest after the...
The Reserve Bank of India has raised a red flag for the banking industry with an early warning that the stack of bad loans could rise to alarming levels once it starts to roll back the post-pandemic r...
The Reserve Bank of India (RBI) on Wednesday formed a working group to study all aspects of digital lending activities to help it implement an appropriate regulatory framework.
The move comes amid ri...
The sudden announcement by the Reserve Bank of India of a variable rate, term reverse repo auction to restore normal liquidity management operations has taken markets by surprise even as it has led to...
The Reserve Bank of India has warned that the gross non-performing asset ratio of banks could rise to 13.5 per cent under a baseline scenario and almost double to 14.8 per cent in the worst case by Se...
The Reserve Bank of India (RBI) has expressed some concerns over zero-coupon bonds for the recapitalisation of public sector banks (PSBs) and discussion is on between the central bank and the finance ...
The economy is officially expected to contract 7.7 per cent in the current fiscal — the worst performance since Independence — paving the way for a range of measures to boost growth in the...
Jharkhand will exit from the tripartite agreement signed with the Union power ministry and Reserve Bank of India (RBI) by the former chief minister Raghubar Das.
The agreement was signed t...
The Reserve Bank of India has indicated that the true health of the Indian banking sector is much worse than what current statistics indicate. The commercial banking system’s gross non-performin...