As Fino becomes small finance bank, the focus shifts to secured lending

New Delhi, Dec. 6 -- Fino Payments Bank, the first payments bank to receive an in-principle nod from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB), is gearing up for a ... Read More

RBI gives Fino Payments Bank in-principle approval to convert to small finance bank

MUMBAI, Dec. 5 -- The Reserve Bank of India on Friday said it has granted in-principle approval to Fino Payments Bank Ltd (FPBL) to transition into a small finance bank (SFB). With this, Fino becomes ... Read More

RBI rate decision: Pause, cut - or just punt? Five signals to watch for today

New Delhi, Dec. 5 -- As the Reserve Bank of India (RBI) prepares to deliver its policy decision on 5 December, market participants remain split on the central bank's move this time. The policy comes i... Read More

RBI rate cuts decision: Pause, cut - or just punt? Five signals to watch for today

New Delhi, Dec. 5 -- As the Reserve Bank of India (RBI) prepares to deliver its policy decision on 5 December, market participants remain split on the central bank's move this time. The policy comes i... Read More

RBI Policy: Five signals to watch as the MPC weighs a tricky call

New Delhi, Dec. 5 -- As the Reserve Bank of India (RBI) prepares to deliver its policy decision on 5 December, market participants remain split on the central bank's move this time. The policy comes i... Read More

No targets for rupee, it's market play: RBI governor

New Delhi, Dec. 5 -- Two days after the rupee briefly breached the 90-per-dollar mark for the first time, Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday reaffirmed that the central ban... Read More

RBI tightens rules for foreign bank exposure to overseas branches

New Delhi, Dec. 4 -- Foreign lenders will no longer be exempted from large exposure caps to their branches outside India, and they will also have to comply with stricter intragroup exposure limits, ac... Read More

Heartburn at lenders as loan rates fall but deposit rates don't

New Delhi, Dec. 3 -- India's state-owned banks have raised concerns with the Reserve Bank of India (RBI) about the weaker transmission of rate cuts to deposits, with lending rates falling significantl... Read More

At the brink of 90 to a dollar, rupee takes a step back. Where does it go from here?

New Delhi, Dec. 2 -- The Indian rupee came within kissing distance of 90 to a dollar on Tuesday before likely central bank intervention rescued it from the brink, but not before it touched a new all-t... Read More

Surprise GDP growth casts a cloud over December rate cut

New Delhi, Dec. 1 -- The Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) is widely expected to keep the policy rate unchanged on 5 December, even as a sizable minority of economists ar... Read More

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