Chennai: Even though the general feeling is that the commercial banks are now morally bound to reduce their lending rates following the Reserve Bank of India’s...
Chennai: The Reserve Bank of India’ (RBI) decision on Wednesday to cut its lending rates was a minor reduction and not enough to stimulate consumer demand...
New Delhi: The finance ministry welcomed the interest rate cuts announced by the Reserve Bank of India (RBI) Wednesday and said it was a vote of...
Mumbai: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Wednesday touched record high of 30,024.74 points as India’s central bank, Reserve Bank...
Mumbai: Automobile manufacturer Mahindra and Mahindra on Monday reported a decline of 10 percent in its overall sales including exports for February which stood at 38,033 units...
New Delhi: The Reserve Bank of India (RBI) Thursday cut the repo rate at which it lends to commercial banks by 25 basis point from 8...
Mumbai: India’s foreign exchange reserves fell by $471 million to $319.23 billion for the week ended Jan 2, Reserve Bank of India (RBI) data showed. In...
Mumbai: India’s foreign exchange reserves grew by $3.16 billion to $319.99 billion for the week ended Dec 19, Reserve Bank of India (RBI) data showed. In...
Mumbai: India’s foreign exchange reserves fell by a massive $1.64 billion to $314.66 billion for the week ended Dec 5, Reserve Bank of India (RBI) data...
Kolkata: The Reserve Bank of India is coming up with new set of guidelines for the 5/25 rule aimed at restructuring loans for existing projects classified...
