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, ...

India’s central bank surprised markets with a jumbo rate cut, seizing on cooling inflation to frontload monetary easing and ...

The lone economist who predicted the Reserve Bank of India’s out-sized interest rate cut on Friday expects another smaller ...

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, ...

The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points (bps) on Friday, a third ...

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

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 ...

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

Bank of Baroda reduces its mortgage lending rates by 50 bps to 8.15%, while HDFC Bank cuts MCLR rates by 10 bps, benefiting ...