RBI likely to hold rates as war-driven risks cloud inflation and growth outlook

Mumbai, April 6 -- As the Reserve Bank of India (RBI) heads into its first policy decision of the new financial year on 8 April, a rate pause is widely expected even as a rapidly shifting macro landsc... Read More

Rupee gains most in nearly 13 years after forex curbs

Mumbai, April 3 -- The rupee staged a sharp recovery on Thursday after the Reserve Bank of India (RBI) rolled out a fresh set of forex restrictions aimed at curbing speculation, but market participant... Read More

Rupee jumps the most in nearly 13 years after RBI's forex curbs, outlook uncertain

New Delhi, April 2 -- The Indian rupee staged a sharp recovery on Thursday after the Reserve Bank of India (RBI) rolled out a fresh set of forex restrictions aimed at curbing speculation, but market p... Read More

RBI bans hedge rebooking, tightens related-party rules to curb rupee speculation

Mumbai, April 1 -- India's central bank further tightened its forex curbs on Wednesday by targeting the rebooking of cancelled forex derivative contracts and tightening norms around related-party tran... Read More

AI will cause limited job losses, boost productivity: HDFC Bank ex-CEO Aditya Puri

Mumbai, March 28 -- Artificial intelligence (AI) will cause limited job losses while significantly boosting productivity and supporting India's long-term growth trajectory, former HDFC Bank chief exec... Read More

War jitters push NBFCs into cautious mode

Mumbai, March 27 -- Non-bank lenders are growing cautious about lending as the war in West Asia raises concerns over funding costs, borrower stress and asset quality, according to industry executives.... Read More

Future corporate leaders key to Kotak bank's wholesale strategy: Jay Kotak

Mumbai, March 27 -- Kotak Mahindra Bank is sharpening its focus on building relationships with the next generation of Indian businesses, said Jay Kotak, co-head at Kotak 811, the digital banking platf... Read More

World may face recession in weeks if Hormuz stays shut: Axis Bank's Mishra

Mumbai, March 26 -- The world could be staring at a recession within weeks if the ongoing war in West Asia doesn't ease by the middle of April, Neelkanth Mishra, chief economist at Axis Bank, warned o... Read More

NBFCs turn cautious as West Asia war raises funding and credit concerns

Mumbai, March 26 -- Non-banking financial companies (NBFCs) are turning increasingly cautious on lending as the war in West Asia raises concerns over funding costs, borrower stress and asset quality, ... Read More

RBI steps back on forex intervention as war bites

Mumbai, March 23 -- After having aggressively defended the rupee earlier this month, the Reserve Bank of India (RBI) is now easing back from intervention as the escalating West Asia conflict roils glo... Read More

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