Loans, including retail loans and mortgages, will get costlier with the Reserve Bank of India’s Monetary Policy Committee (MPC) announcing a 50 basis point – one basis point is one hundredth of a percentage point – hike in the...

State Bank of India (SBI), the country’s largest lender, has doubled down on loans to the infrastructure segment comprising roads, ports and power in FY22, amid renewed demand for credit from private companies. In FY22, about 10% of all...

Bank credit grew by 11.04 percent to Rs 120.27 lakh crore and deposits by 9.27 percent to Rs 165.74 lakh crore in the fortnight ended May 20, RBI data showed on Tuesday. In the fortnight ended May 21, 2021, bank advances stood at Rs 108.31 lakh...

An organizational structure is a crucial facet that determines the success and failure of a business. While it is important that businesses remain agile, it is also important to have a lean organization structure which can complement the...

The government wants state-run lenders to tap the markets on account of their stellar financial performance and give a credit push to the economy, which looks upbeat with all key metrics pointing towards high growth. Around eight banks have more...

The centre has republished a draft of proposed changes to the country’s technology and social media regulations with an aim to providing “more effective grievance redressal,” and to also plug “infirmities and gaps’ in...

Reliance Industries energy vertical is on track to deliver its best quarterly performance in more than 20 years and this is owing to the fact that refining margins are running almost 2x above mid-cycle, said global investment firm Morgan Stanley....

India's gold imports for May jumped 677 per cent in one year and this is the highest surge seen on a yearly basis, as correction in prices just before Akshaya Tritiya, a key festival for Hindus and Jains celebrated in the first week of the...

The government is in discussion with the insurance regulator on relaxing minimum entry capital requirement for setting up an insurance venture, along with tax sops and lower solvency margin or extra capital requirements. At present a minimum...

With inflation showing no signs of abatement, the Reserve Bank is likely to increase the benchmark lending rate in quick succession in its forthcoming monetary policy review on Wednesday, a hint for which has already been given by Governor...