Indian Govt Pushes Back on Key Cenbank Proposals Fearing Hit to Credit Growth
NEW DELHI (Reuters) - The Indian government is pushing back on two key proposals of the central bank, which will require ...
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RBI launching cloud service to rival AWS, Azure in 2025
The Reserve Bank of India (RBI) is gearing up to launch a one-of-a-kind cloud platform in 2025. The initiative, a first for ...
India rupee to lean on central bank help; bonds to track US peers
MUMBAI, Nov 18 (Reuters) - The Indian rupee will rely on the central bank's help to counter headwinds this week, as the possibility of slower Federal Reserve interest rate cuts and expectations ...
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RBI Guv raises concerns over complaints being misclassified as ‘customer queries’ by banks
Reserve Bank Governor Shaktikanta Das on Monday expressed concerns over instances wherein banks misclassify complaints as “customer queries” and asked bank boards to ensure lenders’ genuine commitment ...
India central bank chief's term likely to be extended further, sources say
The Indian government is likely to extend the term of central bank governor Shaktikanta Das for a second time, three sources ...
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SBI To Add 500 Branches, Taking Network To 23,000 By FY25: Nirmala Sitharaman
Nirmala Sitharaman praised SBI’s pivotal role in India’s banking sector, noting its 22.4 per centvshare in national deposits ...
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Stressful interest rates may impact growth aspirations, banks need to make loans affordable: FM
Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. Speaking at an event organised by SBI, the ...