Walmart's Flipkart has obtained a lending licence from the Reserve Bank of India (RBI), allowing the e-commerce platform to ...

The Reserve Bank of India’s surprise outsized rate cut last week will leave the rupee vulnerable to further depreciation by ...

The central bank led by Sanjay Malhotra surprised by slashing its key policy rate by 50 basis points. Under the new governor, ...

In a notice issued today, the RBI said it will conduct the final daily VRR auction on Tuesday, June 10, with a notified ...

The Reserve Bank of India (RBI) cut its repo rate by 50 basis points from 6 per cent to 5.5 per cent on June 6. With this, ...

HDFC Bank announces a cut in its MCLR. This benefits borrowers with loans linked to this benchmark. The reduction is up to 10 ...

As digital transactions grow and banking reaches more people, fraudulent practices are expected to rise further. Both banks ...

Indian benchmark indices Sensex and Nifty traded higher for the fourth consecutive session, fueled by strong U.S. jobs data ...

Overnight and one-month MCLR now stand at 8.90%. Two- and three-year tenures are down to 9.10% from 9.20%.

HDFC Bank reduces MCLR by 10 basis points across all tenors effective 7 June, reflecting policy rate transmission after ...

Bond yields in India are expected to go down following the recent frontloaded rate cut by the Reserve Bank of India (RBI), ...

Following the Reserve Bank of India's decision to cut the repo rate, several banks have begun lowering their lending rates.