Gold loan non-performing assets (NPAs) in commercial banks have surged by 62%, rising from Rs1,513 crore in March 2024 to Rs2,445 crore in June 2024, says the Union government.
SDF is a tool to absorb liquidity from commercial banks without giving government securities in return. It replaced the ...
External commercial borrowings by Indian corporations rose to $9.54 billion in December, sharply higher than $5.07 billion in ...
The Reserve Bank of India (RBI) has approved the voluntary amalgamation of two urban cooperative banks (UCBs).
The next policy review, scheduled in April, will assess the economic situation and could lead to another rate reduction or a ...
The 25 basis point (bps) rate cut was met with nervousness as the markets fell on Friday. Indian 10-year benchmark bond yields spiked after the rate cut was announced. Yields spike when bond prices ...
A week after the 2025 Union Budget introduced an exemptive, new tax regime, India’s middle-class has another reason to ...
The Reserve Bank of India (RBI) has unveiled a comprehensive set of security initiatives for 2024 aimed at strengthening the digital banking and payments ecosystem in India. The measures build upon ...
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India's central bank cut interest rates on Friday for the first time in nearly five years. Central banks around the world cut interest rates last year. India maintained high rates due to lingering ...
What Has Changed To Indian Economy That RBI Is Set To Slash Interest Rate? How Will It Impact You? Will Your EMI Come Down?
Experts have pointed out that if the RBI slashes the repo rate by 25 basis points and brings it to 6.25% as expected, ...
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