MUMBAI, March 16 -- As the war in West Asia disrupts shipping and pushes oil prices higher, Citibank's corporate clients are largely holding off on tapping their credit lines. The muted demand for li... Read More
New Delhi, March 11 -- Indian banks are losing ground among working-age savers, even as retirees return in growing numbers to park money in fixed deposits and savings accounts. Recent data from the R... Read More
Mumbai, March 6 -- The central bank is proposing a safety net for one of the world's largest digital payment ecosystems, offering to partially reimburse victims of cyber fraud-even when the victims th... Read More
New Delhi, March 5 -- The Reserve Bank of India (RBI) has lowered the repo rate by 125 basis points (bps) in this rate cut cycle and governor Sanjay Malhotra reiterated that rates will remain lower fo... Read More
New Delhi, Feb. 23 -- IDFC First Bank is investigating if the documents at the centre of an alleged Rs.590 crore fraud at its Chandigarh branch were genuine or forged, two people familiar with the mat... Read More
New Delhi, Feb. 19 -- DBS Bank India is looking to target India's rising 'mass affluent' base to become a true universal bank and stand out among its peers, who largely cater to companies and the supe... Read More
MUMBAI, Feb. 13 -- Mashreqbank PSC plans to add $150 million in capital to its Indian operations as it looks to ramp up its presence in the country's corporate banking landscape. Tushar Vikram, chief... Read More
Mumbai, Feb. 12 -- The Reserve Bank of India (RBI) on Thursday proposed norms barring recovery agents from going too far in their pursuit of a defaulting borrower. The regulator said that neither the... Read More
Mumbai, Feb. 7 -- India's largest lender State Bank of India (SBI) on Saturday raised its FY26 loan growth guidance by 100 basis points to 13-15% on the back of trade deals and announcements in the re... Read More
Mumbai, Feb. 7 -- The monetary policy committee of the Reserve Bank of India (RBI) on Friday retained the repo rate at 5.25%, taking a pause after a 25 basis points (bps) cut in the December meeting. ... Read More