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India’s current account deficit jumps 7-fold in April-June quarter
India's current account deficit (CAD) jumped 7-fold to $9.2 billion in the April-June quarter compared to the corresponding figure of $1,3 billion in...
RBI sees red over NPAs in co-op banks
Asks them to improve loans recovery, focus on governance and risk management
Status quo on rate hike likely
Price Pressure ♦ RBI raised repo rate to 6.5% on Feb 8, 2023 ♦ Since then, it maintains status quo ♦ High retail inflation, certain global factors...
Revised GBI-EM Global index suite takes Indian bond prices to new...
After keeping it for almost two years in its watch list, JPMorgan has finally said that it will include Indian government bonds in its flagship GBI-EM...
RBI likely to keep interest rate unchanged as inflation still high:...
New Delhi: The Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at its bi-monthly monetary policy review...
Teen-focused neo-banking platform Akudo to shut down operations
Leading US-based investment firm Y Combinator-backed Akudo, a teenagers-focused neo-banking platform, is shutting down its core UPI and card business,...
No end in sight to the debate over CRR pros and cons
Beyond MPC’s purview, only RBI can change CRR through executive action
RBI sits on strong forex kitty to support Re
Banking regulator can spend $30-bn from $594-bn forex reserves to shield home currency: Report