As August begins, it's essential to know when banks in India will be closed. A bank holiday means banks are shut and ...

Currently, banks in India follow the Incurred Loss Model (ICL), under which they only set aside money for potential loan ...

Historical data shows that a similar 25 bps cut in August 2017 resulted in an incremental credit growth of Rs 1,956 billion ...

The data compiled by CareEdge Ratings said the recent moderation in inflation has been largely driven by easing food prices, ...

India's foreign exchange reserves saw a rise. The reserves increased by $2.7 billion. This brought the total to $698.19 ...

According to the investor presentation of the bank, corporate loan book of the bank increased by 6 percent on-year to Rs ...

The report stressed that with inflation consistently within the RBI's target band for several months, maintaining a ...

The report argues that an August rate cut would “bring an early Diwali” by stimulating credit growth ahead of the festive ...

India s foreign exchange (forex) reserves rose by 2.703 billion USdollars to 698.192 billion dollars during the week ended ...

The Reserve Bank of India (RBI) governor Sanjay Malhotra has ruled out granting banking licences to corporate entities or ...

The Indian rupee found its footing on Friday after slipping to within striking distance of a record low in the previous ...

The Indian rupee fell to an over five-month low on Thursday, hurt by U.S. President Donald Trump's threat of a 25% tariff on ...