Even as Yes Bank remains in a state of flux after the RBI refused extension to chief executive Rana Kapoor, it now emerges that Madhu Kapur, widow of co-founder Ashok Kapur, will have a decisive sa
The linkage between elections and inflation has been tenuous. No government likes to enter an election phase with high levels of inflation.
The rupee breached the 74-mark against the dollar for the first time on Friday before clawing back to 73-level, after RBI’s decision to hold the policy rate.
In a shocking decision, the Monetary Policy Committee of the Reserve Bank of India (RBI) retained the policy rates in its fourth bi-monthly monetary policy review on Friday.
Beleaguered Chanda Kochhar has quit as chief executive officer and managing director of ICICI Bank with immediate effect.
The rupee touched a life-time low of 73.41 against the US dollar as crude prices jumped above $85 per barrel on expectations of tighter supply once the US sanctions start targeting Iran’s petroleum
The Reserve Bank of India’s (RBI) monetary policy committee (MPC), which is scheduled to start its three-day meeting from Wednesday (today) to decide on the fourth bi-monthly monetary policy, is li
Dampening the festival spirit, top lenders have once again hiked their lending rates ahead of the central bank’s monetary policy on Friday.
Amid concerns of a credit crash, the Reserve Bank of India (RBI) on Thursday allowed banks to dip further into statutory liquidity reserves (SLR) to help them meet their liquidity coverage ra
Ahead of the initial public offering of SBI General Insurance, its promoter State Bank of India (SBI) would be offloading 4 per cent stake in the insurer to Axis AMC and Premji Invest at Rs 482 cro