Mumbai, March 4 -- Liquidity buffers of banks are expected to come under stress in the March quarter as large volumes of short-term certificates of deposit (CDs) raised in recent months mature in Marc... Read More
MUMBAI, March 4 -- The Indian rupee tumbled to a record low of 92.41 against the US dollar on Wednesday, battered by a sharp rise in crude oil prices and a surge in safe-haven demand for the greenback... Read More
MUMBAI, March 2 -- The Indian rupee opened weaker and fell to a one-month low on Monday after a sharp escalation in the Iran-US conflict over the weekend pushed global crude oil prices higher and trig... Read More
Mumbai, Feb. 27 -- Jio Financial Services Ltd on Friday launched an online marketplace for financial products through its new app JioFinance and opened an early access programme for users. The market... Read More
New Delhi, Feb. 25 -- BookMyForex has denied allegations of a data breach, days after a report said that leaked information may have allowed for unauthorized US dollar and Brazilian real transactions ... Read More
Mumbai, Feb. 25 -- The suspected fraud at IDFC First Bank's Chandigarh branch, disclosed on 22 February, sent the lender's shares tumbling as much as 18% by 24 February. Even as the Reserve Bank of In... Read More
New Delhi, Feb. 23 -- Shares of IDFC First Bank tumbled as much as 20% on Monday after the lender disclosed over the weekend that a Rs.590-crore fraud had occurred at its Chandigarh branch involving H... Read More
Mumbai, Feb. 22 -- The rupee is likely to open stronger against the US dollar on Monday after the US Supreme Court struck down President Donald Trump's tariffs, prompting a recalibration of the North ... Read More
New Delhi, Feb. 20 -- Strong growth and low inflation convinced the Reserve Bank of India's (RBI's) rate-setting panel to stay on pause in February, according to minutes of the panel's 4-6 February me... Read More
New Delhi, Feb. 20 -- Strong growth and low inflation convinced the Reserve Bank of India's (RBI's) rate-setting panel to stay on pause in February, according to minutes of the panel's 4-6 February me... Read More