Mumbai, May 12 -- The State Bank of India's board has approved a plan to raise up to $2 billion in long-term funds this fiscal year through overseas bond issuances, the lender said in a press release ... Read More
New Delhi, May 11 -- Mumbai: India's current account deficit (CAD) is expected to widen sharply in the current financial year as prolonged disruptions in the Strait of Hormuz drive up crude prices, wi... Read More
Mumbai, May 8 -- State Bank of India is expected to report a resilient fourth-quarter (Q4FY26) on Friday, with strong credit growth and steady asset quality offsetting pressure on treasury income and ... Read More
Mumbai, May 5 -- A decade into India's inflation-targeting regime, the Reserve Bank of India (RBI) has opened the door, albeit cautiously, to a possible recalibration of its inflation target and a tig... Read More
Mumbai, May 4 -- The Reserve Bank of India on Monday announced a redistribution of portfolios among its deputy governors, following the appointment of Rohit Jain as deputy governor for three years, ma... Read More
Mumbai, May 4 -- Mumbai: The Reserve Bank of India's (RBI) decision to cap banks' net open positions (NOP) at $100 million a day to curb speculative excesses in the foreign exchange market may also be... Read More
MUMBAI, May 2 -- Rapid advances in artificial intelligence (AI), including tools like Claude and emerging systems such as Mythos, are reshaping how banks assess cybersecurity risks, with the speed and... Read More
GANDHINAGAR, May 2 -- Six listed companies have applied for licences to set up corporate treasury centres in Gujarat International Finance Tec-City, or GIFT City, said Kalyanaraman Rajaraman, chairper... Read More
New Delhi, May 1 -- In a pointed message to financial market intermediaries, Reserve Bank of India Governor Sanjay Malhotra cautioned that the privileges enjoyed by banks and primary dealers (PDs) com... Read More
New Delhi, May 1 -- GANDHINAGAR: Six listed companies have applied for licences to set up corporate treasury centres in Gujarat International Finance Tec-City, or GIFT City, said Kalyanaraman Rajarama... Read More