India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, ...

India is weighing a plan to lift direct foreign investment in state-run banks to 49%, aiming to draw more overseas capital ...

Global private equity powerhouse Blackstone is set to invest 61.97 billion rupees ($705.05 million) in Indias Federal Bank, ...

Saugata Bhattacharya, who is also a Senior Fellow at the Centre for Policy Research, in an interview with The Indian Express ...

By Ashwin Manikandan MUMBAI (Reuters) -Indian private lender Kotak Mahindra Bank reported a lower-than-expected profit for ...

The RBI's stated stance is that it does not target any level or range for the rupee-dollar exchange rate, but only intervenes ...

Foreign investors ramped up purchases of Indian government bonds by 46 times last week, an indication that aggressive ...

"During the quarter ended December 31, 2024, the Reserve Bank of India has received one application under the Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector dated ...

A recent Reserve Bank of India report highlights the dominance of digital payments in the Indian financial landscape, with ...

Hitesh Mehta, the former general manager of New India Co-Operative Bank, has been denied bail in the Rs 122-crore embezzlement case. The court cited the substantial monetary nature of the allegations ...

As November begins and the festive season winds down, most people are returning to their regular routines. However, banks ...

MUMBAI (Reuters) -Indian private lender Kotak Mahindra Bank reported a lower-than-expected profit for the second quarter on ...