HDFC Bank, the country’s largest private-sector lender, lost to competition wholesale loans of around Rs 50,000 crore after it increased interest rates in May, said chief financial officer......
India's current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry's monthly economic......
Concerned over inflationary pressures in the economy, the Reserve Bank of India (RBI) is bringing down surplus liquidity in the system rapidly. Illustration: Uttam Ghosh/Rediff.com It has fallen......
Investors, analysts suggest, should stay on the sidelines and wait patiently for clouds to clear. Illustration: Dominic Xavier/Rediff.com The sharp sell-off in Indian equity markets over......
The Reserve Bank is expected to go for another rate hike of 0.40 per cent at the scheduled review of the monetary policy next week, a foreign brokerage said on Friday. Photograph: Shailesh......