The Reserve Bank of India (RBI) was a net seller of the US dollar in August, reversing its net buying position from July. Photograph: Shailesh Andrade/Reuters During the current financial year up......
Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of......
Bond market participants expect an open market operation (OMO) auction in the first week of November as the banking system liquidity is expected to ease on the back of government spending and......
The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth — consumption and investment — are likely to face a......
The Reserve Bank of India on Monday said it had cancelled the licence of Sahara India Financial Corporation Ltd, the Sahara group’s non-banking financial company, effective September 3. In......