Public sector banks (PSBs) have written off loans worth Rs 12.08 lakh crore since FY16. In a written reply to Rajya Sabha on July 22, MoS for Finance Pankaj Chaudhary said that such write-off does not ...

Reserve Bank of India cancels licence of Karnataka's Karwar Urban Co-operative Bank due to inadequate capital and earning prospects. Depositors may receive insurance claim amount up to Rs 5 lakh.

As India advances toward its goal of becoming a developed nation, the RBI’s adaptive strategies remains vital to securing ...

Building more resilient trade partnerships present a strategic opportunity for India to deepen its integration with global value amidst rising uncertainties and geo-economic fragmentation, Reserve ...

The significant reduction in gross non-performing assets (NPAs) of India's public sector banks (PSBs) is a result of combined ...

Indian users can now make payments on international e-commerce sites using UPI, thanks to a new partnership between PayPal ...

State government relies heavily on RBI financial instruments due to revenue shortfalls, raising crores through special drawing facility and advances.

India’s banking system is flush with liquidity amid weak demand for loans that go into value generation. This could spell ...

NEW DELHI] India’s economy remained largely resilient despite global uncertainties, due to a robust agricultural season, ...

Reserve Bank Of India (RBI) stated in its latest monthly bulletin that domestic economic activity held up in June, with high-frequency indicators pointing to improving prospects of kharif agricultural ...

Reserve Bank of India (RBI) stated in its latest monthly bulletin that high-frequency indicators for overall economic activity showed mixed signals in June. E-way bills and toll collection showed ...

India's economy is expected to grow at 6.5 percent in FY2025, slightly below the 6.7 percent projected earlier in April, the ...