At least four of six MPC members highlighted the need to bring down inflation to near 4% as a reason for voting for a rate hike.
Kotak Mahindra Bank’s failed attempt to cut promoter shareholding raises a larger debate over bank ownership
ICRA downgraded infrastructure giant IL&FS from AAA to AA+ on Tuesday.
Kaushik Basu says the amendments to the anti-corruption law may not have the desired impact.
Sanjeev Sanyal, principal economic adviser expects recoveries to provide substantial capital to banks this year.
The MPC concluded its three day meet on Wednesday with a second consecutive rate hike.
Contrary to perception, public-sector banks retained share of household deposits, shows RBI data.
The monetary policy committee meet concludes.
Over the last eleven meetings, the MPC members have shown how they read the economy.
As insolvency resolutions begin, banks will see bouts of relief from bad loan pain.
Arvind Subramanian believes that a wider blueprint for banking sector reform is needed.
Implementing Sashakt plan in time to avoid another set of stressed assets from going to insolvency looks difficult.
The government announced the MSPs for the kharif season today.
RBI flagged off rising state debt and the increased risk of redemption in the next few years
Are the government’s short term borrowings suggesting a cash flow mismatch for a second year?
RBI dollar sales surged in May as the central bank intervened to slow the rupee’s fall
IDBI Bank transformed from a development finance institution to universal bank, only to now need a bailout from LIC.
The rupee has fallen along with other current account deficit economies
DBS expects to complete the process of setting up a wholly owned subsidiary in India by September.
Could a potential deal between LIC and IDBI Bank put policy holders at risk and raise financial stability concerns?
All six members of the monetary policy committee agreed that interest rates needed to be hiked in the June 6 policy.