Indian fund houses have cumulatively hit the investment ceiling set by the Reserve Bank of India (RBI): $7 billion for ...

Dr Manmohan Singh has died at 92. He served as the Prime Minister of India twice from 2004 to 2014. Before that, he sever as ...

Sajjid Chinoy, Head of Asia Economic Research at JPMorgan, has suggested that the Reserve Bank of India (RBI) may still ...

The Reserve Bank of India (RBI) has had 25 governors to date. Notably, 14 of these governors were civil servants. In recent ...

At the same time, banks resorted to borrowings at higher interest rates and increased deposit rates to bridge the ...

RBI report highlights concerns over high employee attrition rates, dark patterns, top-up loans, and improving bank asset quality.

The Supreme Court has ruled that banks can legally charge interest rates exceeding 30% on credit card dues, overriding a ...

The only Sikh PM of India entered the Rajya sabha in 1991, just four months after he became the finance minister of India ...

RBI may tighten regulations on top-up loans to mitigate risks, including treating loans against movable assets as unsecured.

The Supreme Court has allowed banks to charge over 30% interest on credit card dues, overturning a 2008 National Consumer ...

Reserve Bank of India data showed that bank fraud cases have risen 27 per cent year-on-year to a total of 18,461 cases in the ...

NBFCs also secured funds from foreign sources, mainly through external commercial borrowings (ECBs) and issuance of debentures.