India’s foreign exchange reserves extended their gains for the third straight week, after having slumped for about four months. In the week that ended on February 7, the forex kitty rose USD 7.65 ...

The two suggest that banks are trading at significant discounts to their historical price-to-earnings (PE) multiples, with ...

A day after imposing several restrictions on Mumbai-based New India Co-operative Bank, the Reserve Bank of India (RBI) on ...

Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.

During the April-December period, Ajmera's sale bookings were up 14% to Rs 830 crore from Rs 730 crore a year ago, according ...

The government expects that increased consumption resulting from lower income tax burdens will boost GST collections.

A day after imposing several restrictions on city-based New India Co-operative Bank, the RBI on Friday superseded its board ...

The RBI action on New India Co-operative Bank was prompted by alleged misappropriation of funds by the lender’s staffers, sources said on Friday. Over 90 per cent of the city-based bank’s 1.3 lakh ...

The total reserves rose on the back of the rise in foreign currency assets which rose by $6.42 billion to $544.11 billion ...

RBI is India’s central bank, responsible for monetary policy, financial stability, and supervision of banks, rather than conducting commercial banking activities. No Public Transactions: Unlike ...

The penalties are based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any ...

The Reserve Bank of India (RBI) has taken action against New India Co-operative Bank due to alleged fund misappropriation by staff members. The bank's board has been superseded, and depositors are ...