LIC must bridge tech gap with private peers, says DFS secretary Nagaraju

New Delhi, April 15 -- Life Insurance Corporation of India (LIC) must accelerate its digital transformation despite being an early technology adopter, department of financial services (DFS) secretary ... Read More

Banks Q4 preview: Steady quarter despite West Asia war; margins, treasury under pressure

MUMBAI, April 13 -- Indian banks are heading into the March quarter earnings season with geopolitical risks rising but little immediate damage to core performance. Despite the prolonged West Asia war... Read More

RBI shuns hawkish signal, keeps rates unchanged amid war shock

Mumbai, April 8 -- India's rate-setting panel kept the policy rate unchanged and Reserve Bank of India governor Sanjay Malhotra indicated that benchmark rates could remain low for an extended period d... Read More

RBI holds key policy rate at 5.25%

Mumbai, April 8 -- The Reserve Bank of India's (RBI) monetary policy committee (MPC) on Wednesday kept the repo rate steady at 5.25% and maintained its stance as 'neutral'. A Mint poll of 10 economis... Read More

RBI proposes principles-based framework for bank boards, prioritizing strategy, risk oversight

Mumbai, April 8 -- India's banking regulator on Wednesday proposed rationalizing what bank boards must review, shifting their focus squarely towards strategy and risk oversight while allowing greater ... Read More

No systemic risk, says RBI on HDFC Bank chairman's sudden exit

MUMBAI, April 8 -- The Reserve Bank of India (RBI) on Wednesday sought to allay governance concerns after the sudden exit of former HDFC Bank chairman Atanu Chakraborty, saying the development does no... Read More

Rupee could fall to 100/dollar if oil stays above $110/barrel: Neelkanth Mishra

New Delhi, April 7 -- India's currency outlook is increasingly tied to the trajectory of crude oil price, Axis Bank's chief economist Neelkanth Mishra said, cautioning that the rupee could weaken to 1... Read More

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

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