Higher govt spending likely to help ease liquidity in banking system

The liquidity in the banking system could ease in the coming week due to an increase in government spending – a development that would be the key for the Reserve Bank of India (RBI) to decide......

Lenders expect robust retail credit in festive season

This expectation is based on resilient demand, government initiatives, and elections in key states. Illustration: Dominic Xavier/Rediff.com Lenders in India, comprising banks and finance......

Rupee expected to weaken more to touch $83.5, may improve in Sep

The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar and a weakening Chinese yuan, according to a Business......

Lessons To Be Learnt From Nitin Desai's Death

We must stop stigmatising business failures.Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support......