HC stays Canara Bank order classifying RCom loan accounts as fraudulent
MUMBAI: Bombay HC stayed Canara Bank's fraud classification of Anil Ambani's RCom loan, citing lack of borrower hearing as per RBI guidelines.
RBI Monetary Policy: Is the rate cut a growth pill to boost demand? Here’s what it means for the Indian economy
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...
Banks get breathing space as RBI defers key proposals to next year
A clutch of key regulations was to come into force in the next few months. These include asking banks to set aside a higher ...
India slashes income taxes and rates, but Modi govt has to convince investors
Prime Minister Narendra Modi aims to revive India's slowing economy through tax and interest rate cuts. Despite these efforts ...
ThePrint16m
India’s forex reserves rise for second consecutive week
India’s foreign exchange reserves extended their gains for the second straight week, after having slumped for about four ...
ThePrint31m
Expect 75 basis points repo rate cut cumulatively in 2025: Bank of Baroda
The monetary policy committee of RBI will cut repo rate by cumulatively 75 basis points in the year 2025, Bank of Baroda said ...
RBI tango with FM gives 1st rate relief in five yrs
MUMBAI: Seeking to build on the feel-good factor generated by the Budget, which announced significant tax cuts, the Reserve Bank of India on Friday cut interest rates by 25 basis points to 6.25%. This ...