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RBI backs HDFC Bank, says no governance concerns

India, March 20 -- A day after HDFC Bank's Chairman Atanu Chakraborty resigned, the Reserve Bank of India on Thursday said it held no concerns on the "conduct or governance" at India's largest private... Read More


After Chairman's sudden exit, RBI backs HDFC Bank, says no governance concerns

New Delhi, March 19 -- A day after HDFC Bank's Chairman Atanu Chakraborty resigned, the Reserve Bank of India on Thursday said it held no concerns on the "conduct or governance" at India's largest pri... Read More


Union Bank lines up maiden Rs.7,500 crore infra bond issue

Mumbai, March 17 -- A day after securing board approval to raise Rs.20,000 crore via infrastructure bonds, Union Bank of India announced its plans to issue the first Rs.7,500 crore tranche of 10-year ... Read More


Future EMI cut becomes sales pitch for affordable home loans

Mumbai, March 17 -- Affordable housing lenders are increasingly luring borrowers with promises of future reductions in loan repayments as competition intensifies in the January-March quarter and firms... Read More


Companies face soaring short-term debt costs despite RBI support

Mumbai, March 16 -- Short-term borrowing costs in India's money markets have jumped, as companies trying to avoid locking in steep long-term rates rush to tap commercial papers (CP) and certificates o... Read More


Rupee hits fresh low on crude surge; RBI likely intervenes

New Delhi, March 13 -- The Indian rupee fell to an all-time low of 92.48 against the dollar on Friday, as a surge in crude oil prices due to the ongoing US-Iran war and a sharp fall in equities weighe... Read More


Eerie March for bond bazaar as war shakes top issuers

New Delhi, March 13 -- Corporate bond markets are navigating an unusual March this year, as borrowing plans stall in a month that typically sees a rash of bond sales. The surge in bond yields triggere... Read More


RBI relaxes dividend rules for banks, keeps capital discipline intact

Mumbai, March 10 -- The Reserve Bank of India (RBI) has softened its proposed dividend payout framework for banks after industry feedback, easing some accounting restrictions while retaining the broad... Read More


Oil surge pushes government bond yields higher despite RBI Rs.1 trillion liquidity move

MUMBAI, March 9 -- Government bond yields rose on Monday as a sharp surge in global crude oil prices stoked fears of higher inflation and delayed monetary easing, offsetting the Reserve Bank of India'... Read More


Mint Explainer | RBI's digital fraud compensation proposal: Who will get refunds and how it will work

New Delhi, March 8 -- The Reserve Bank of India (RBI) has proposed a framework to partly compensate victims of small-value digital payment fraud. Under the proposal, customers could receive partial re... Read More