Fintech startups like EnKash and PayMate are adapting to RBI's card payment ban by using the Bharat Connect platform, ...

Stress in secured loans reflects lingering concerns even after the central bank cracked down on unsecured lending frenzy ...

The Reserve Bank of India (RBI) is conducting tests of an ‘On Tap’ retail payment application within its Regulatory Sandbox (RS), marking a significant development in India’s digital payment ...

Of this, the intent for fund-raising through the automatic route amounted to $6.23 billion, while that via the approval route ...

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 ...

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 country’s foreign exchange reserves have fallen by $51.52 billion to $630.607 billion as at February 1, 2025 from ...

The monetary policy committee of RBI will cut repo rate by cumulatively 75 basis points in the year 2025, Bank of Baroda said ...