India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans or allowing the withdrawal of deposits due to supervisory concerns.
REC, a Maharatna Central Public Sector Enterprise (CPSE) and a leading Non-Banking Financial Company (NBFC) under the ...
MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...
Initiative is designed to mitigate fraud in digital transactions and create a more secure online financial ecosystem ...
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
The MPC had last reduced the repo rate in May 2020 and had kept the rate unchanged in the last 11 policy meetings.
Indian stock markets opened on a positive note on Thursday, with investors maintaining a cautious stance ahead of the Reserve ...
The Reserve Bank of India (RBI) is expected to reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy ...