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 ...

The Indian rupee hit a record low of 85.93 per U.S. dollar due to rising U.S. bond yields and strong dollar bids, but the ...

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 ...

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

The Reserve Bank of India has launched the 68th round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period October December 2024 (Q3:2024-25 ...

The Department for Promotion of Industry and Internal Trade (DPIIT) consulted stakeholders, including law firms, to enhance ...

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 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 ...

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

The Reserve Bank of India (RBI) is the highest banking authority in India. Since its establishment in 1935 by the British ...