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Rupee slides to record low on global jitters, outlook fragile

mumbai, Jan. 22 -- The rupee slid sharply on Wednesday, hitting a fresh record low of 91.7450 against the US dollar, weighed down by heightened global uncertainty leading to risk aversion across marke... Read More


Rupee slumps to record low on global jitters, outlook remains fragile

New Delhi, Jan. 21 -- The Indian rupee slid sharply on Wednesday, hitting a fresh record low of 91.7450 against the US dollar, weighed down by heightened global uncertainty leading to risk aversion ac... Read More


Governance takes centre stage as RBI engages with UCB chiefs

New Delhi, Jan. 19 -- Emphasizing that strong governance underpins the stability and credibility of the cooperative banking sector, Reserve Bank of India governor Sanjay Malhotra on Monday urged urban... Read More


RBI's dividend norms open door to bigger PSU bank payouts to govt

Mumbai, Jan. 16 -- The Reserve Bank of India's (RBI's) move to allow banks to distribute up to 75% of their net profit as dividends, up from 45% earlier, marks a shift in how regulators balance capita... Read More


Federal Bank's Q3 profit up 9% on strong loan growth, better asset quality

Mumbai, Jan. 16 -- Strong loan growth, better asset quality, higher core income, and improved profitability helped Federal Bank report stellar performance for the quarter ended December. The private ... Read More


Loan growth, margin tailwinds to support HDFC, ICICI Bank in Q3

Mumbai, Jan. 16 -- India's two largest private-sector lenders, HDFC Bank and ICICI Bank, are expected to post a steady performance for the December quarter, supported by firm loan growth, improving ma... Read More


HDFC Bank, ICICI Bank to report steady Q3 on firm loan growth, recovery in margins

Mumbai, Jan. 16 -- India's two largest private-sector lenders, HDFC Bank and ICICI Bank, are expected to post a steady performance for the December quarter, supported by firm loan growth, improving ma... Read More


Banking in digital era: Three things RBI wants lenders to keep in mind

New Delhi, Jan. 12 -- Supervision in the digital era will be less forgiving of episodic compliance, outsourced accountability and opaque algorithms, Reserve Bank of India (RBI) deputy governor Swamina... Read More