Currently, while foreign investors, including portfolio investors, can own up to 74 per cent in Indian banks, regulations cap a strategic foreign investor’s stake at 15 per cent. However, the RBI can ...

Japan's Sumitomo Mitsui Banking Corporation (SMBC) has sought approval from the Reserve Bank of India to acquire an ...

Escalation of the protracted fight between the two, lingering on as a corporate and legal battle which now has turned into a ...

RBI’s stress test projects a marginal rise in bank bad loans to 2.5% by FY27 The regulator conducts stress tests to assess the banking system's resilience to various types of shocks.

Amitabh Chaudhry of Axis Bank believes India's growth remains strong despite global issues. He anticipates increased credit demand following rate cuts. Japanese banks' entry signals confidence in ...

Reserve Bank of India (RBI) drained ₹84,975 crore ($10 billion) of excess cash from the banking system in its first such operation in seven months, aiming to lift overnight borrowing costs.

The Indian central bank's decision to withdraw surplus liquidity from the banking system just weeks after a large rate cut and cash boosting measures has prompted an uptick in money market rates ...

RBI to conduct 7-day auction of ₹1 lakh crore to absorb excess liquidity from the banking system In his last monetary policy statement, RBI Governor Sanjay Malhotra reiterated that RBI will ...

The Reserve Bank of India’s (RBI’s) relaxation of priority sector lending (PSL) norms for small finance banks (SFBs) — reducing the overall PSL target from 75 per cent to 60 per cent — will provide ...

In a bid to rein in the increasing incidence of digital payment frauds, major public and private sector banks have been roped to develop Digital Payment Intelligence Platform (DPIP) as a Digital ...

State Bank of India 500112 shares rallied 1.44% to 796.00 Indian rupees Friday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index 1 ...

RBI eases project finance norms, cutting provisioning to 1% from proposed 5% during construction. Final guidelines offer relief to banks & NBFCs, with new rules effective Oct 1. Revised norms aim ...