The report argues that an August rate cut would “bring an early Diwali” by stimulating credit growth ahead of the festive ...

Since October 9, 2023, banks no longer exchange Rs 2,000 notes. However, the RBI still provides this service at its 19 issue ...

The Indian rupee rebounded slightly against the dollar, likely due to central bank intervention, following a week of record ...

With inflation slipping below 3% and signs of a growth slowdown ahead, the RBI’s upcoming policy meet on August 6 has gained ...

As August begins, it's essential to know when banks in India will be closed. A bank holiday means banks are shut and ...

Bank Holiday Today, 2 August: Banks all over India will be open on Saturday, August 2, according to the RBI bank holiday calendar. Banks across India are open today because this is the first Saturday ...

Currently, banks in India follow the Incurred Loss Model (ICL), under which they only set aside money for potential loan ...

As per the RBI bank holiday calendar, banks will be closed for up to 15 days in August across different parts of India.

The broader market was the worst hit, with the Nifty Midcap and Small cap declining 1.2% and 1.7%, respectively, during the ...

A CNBC-TV18 poll of 15 economists reveals that while none have formally revised their estimates downward—barring one ...

IDBI Bank's strategic sale is on track, with financial bids expected by December and completion by March. The government and ...

MUMBAI: The Indian rupee nudged higher on Friday, supported by likely intervention from the Reserve Bank of India, but still ...