The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.

India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of ...

The Indian rupee is tipped to stay under pressure on Monday with the U.S. dollar holding near a two-year peak, while traders ...

India’s consumer price index (CPI) should be revised on the basis of the latest survey of household consumption expenditure.

In 2022, the RBI updated regulations for MFIs, which now apply to all entities in the sector, including banks, small finance ...

RBI stated today that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the ...

India's central bank said on Wednesday it has removed restrictions imposed on non-banking financial companies (NBFCs), Asirvad Micro Finance and DMI Finance, against any fresh loan ...

The Reserve Bank of India (RBI) has enabled prepaid payment instruments (PPIs) to make unified payments interface (UPI) ...

The rupee extended its slide for the second straight session and declined 17 paise to hit a fresh record low of 85.91 against the US dollar on Wednesday amid higher crude oil prices and stronger ...

India's economy projected to grow at 6.4% in 2024-25, down from 8.2% in 2023-24, as per the Ministry of Statistics. The ...

India’s new central bank head faces a tough decision on managing the rupee’s exchange rate — focus on squeezing volatility ...

Manmohan Singh, India’s 13th Prime Minister and a pivotal figure in the country’s economic transformation, died in a New ...