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Indian banks in a squeeze as interest rates soar: S&P Global

The Indian banking sector is undergoing pressure, weighted by slowed growth in loans amid high interest rates, according to a report...
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Economy

Reserve Bank of India rolls out steps to boost Rupee power overseas

The Reserve Bank of India (RBI) Thursday allowed banks to open rupee accounts at their overseas branches for people residing outside the country...
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Economy

RBI injects ₹6,956 crore as liquidity turns to deficit

Mumbai: After running surplus liquidity of about ₹1.4 lakh crore for over two months, the banking system saw a decline in cash, prompting...
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Economy

India’s stock market plight from banks’ loan troubles may not be the end of the pain

A rise in retail-loan defaults in India due to aggressive lending practices is reverberating in the stock market, with analysts worrying about possible...
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