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Tata Sons' exit door from upper layer NBFC list narrows

Mumbai, April 13 -- The Reserve Bank of India's (RBI) latest proposal to classify non-banks with assets over Rs.1 trillion in the upper layer could leave little wiggle room for Tata Sons, save for the... Read More


'India must keep vigil on external developments'

mumbai, April 9 -- India needs to keep a constant vigil on ongoing geopolitical developments, even as some economic indicators remain favourable, Reserve Bank of India (RBI) governor Sanjay Malhotra s... Read More


RBI says its foreign exchange policy remains unchanged, interventions meant to curb volatility

MUMBAI, April 8 -- The Reserve Bank of India's foreign exchange rate policy remains unchanged, governor Sanjay Malhotra said on Wednesday, commenting on the volatility of the rupee since the start of ... Read More


India needs to keep constant vigil on external developments, says RBI governor

New Delhi, April 8 -- India needs to keep a constant vigil on ongoing geopolitical developments, even as some economic indicators remain favourable, Reserve Bank of India (RBI) governor Sanjay Malhotr... Read More


RBI agrees to 'demand from some quarters,' unveils first-ever core inflation projection at 4.4% for FY27

New Delhi, April 8 -- The Reserve Bank of India (RBI) on Wednesday announced its projections for core inflation-the rise in prices after stripping out the impact of food and energy price changes-with ... Read More


Deposit constraints shadow banks in March quarter even as growth stays robust

Mumbai, April 6 -- Getting customers to park their money in deposits remains a struggle for banks, as loan demand continues to race ahead of deposit growth. In the March quarter, HDFC Bank stood out a... Read More


RBI defers circular on capital market exposures to July

Mumbai, March 30 -- The Reserve Bank of India (RBI) on Monday deferred by three months its circular on capital market exposures of banks, citing representations from industry associations. The centra... Read More


HDFC ex-chair suggests sale of Credit Suisse perpetual bonds drove rift with bank

Mumbai, March 30 -- Former HDFC Bank chairman Atanu Chakraborty on Monday hinted that the "mis-selling" of Credit Suisse's perpetual bonds was a bone of contention between him and the bank's managemen... Read More


JPMorgan appoints Rahul Badhwar as India senior country officer

MUMBAI, March 24 -- Wall Street bank JP Morgan has appointed Rahul Badhwar of HSBC as its senior country officer for India, according to an internal memo reviewed by Mint. The role had remained vacant... Read More


Investor confidence in India's private banks remains intact-for now.

Mumbai, March 23 -- It has been a testing year for India's private banking sector-IndusInd Bank, IDFC First Bank, and even the largest player, HDFC Bank, have faced crises that eroded investor wealth.... Read More