HDFC Bank faces US class action over alleged securities law violations

Mumbai, Aug. 26 -- HDFC Bank Ltd, India's largest private lender, has been sued in the US by investors who allege that the bank violated American securities laws, causing them losses, and are seeking ... Read More

India's macro strength cushions global shocks as war, tariffs cloud outlook: RBI

Mumbai, Aug. 25 -- Despite geopolitical frictions in West Asia and fresh US tariffs, India's robust macroeconomic fundamentals continue to cushion the domestic economy, according to the Reserve Bank o... Read More

Deluge of FCNR dollars leaves banks with a problem of plenty

Mumbai, Aug. 21 -- Indian banks are racing against time to raise funds before the Reserve Bank of India's early closure of its foreign currency non-resident bank, or FCNR(B), deposit scheme, but the i... Read More

HDFC Bank raises $1.75 billion as FCNR(B) window nears closure

Mumbai, Aug. 20 -- HDFC Bank has raised $1.75 billion through a twin-tranche offshore bond issue, stepping up its foreign-currency fundraising as Indian lenders race to mobilize funds ahead of the Res... Read More

RBI leaves rate path open as inflation rises

Mumbai, Aug. 20 -- The Reserve Bank of India (RBI) held its policy rate steady even as retail inflation has risen steadily in recent months, with governor Sanjay Malhotra signalling that the central b... Read More

RBI leaves rate path open as inflation rises

Mumbai, Aug. 20 -- The Reserve Bank of India (RBI) held its policy rate steady even as retail inflation has risen steadily in recent months, with governor Sanjay Malhotra signalling that the central b... Read More

RBI Governor Malhotra sees scope for policy rate recalibration

Mumbai, Aug. 19 -- Reserve Bank of India governor Sanjay Malhotra said that the moderation in inflation could warrant a recalibration of the policy rate, according to minutes of the August policy meet... Read More

MPC minutes: RBI governor Malhotra sees scope for policy rate recalibration

Mumbai, Aug. 19 -- Reserve Bank of India governor Sanjay Malhotra said that the moderation in inflation could warrant a recalibration of the policy rate, the minutes of the August policy meeting, rele... Read More

RBI's rate-setting panel hints at future policy tightening if inflation persists

Mumbai, Aug. 19 -- The Reserve Bank of India (RBI) held its policy rate steady even as retail inflation has risen steadily in recent months, with governor Sanjay Malhotra signalling that the central b... Read More

Despite digital surge, cash remains India's crucial payment mode: RBI's Murmu

Mumbai, Aug. 18 -- Despite the rapid adoption of digital payments, cash remains a significant mode of payment in the Indian economy, and preserving trust in cash is central to maintaining monetary sov... Read More

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