Currently, while foreign investors, including portfolio investors, can own up to 74 per cent in Indian banks, regulations cap a strategic foreign investor’s stake at 15 per cent. However, the RBI can ...

India’s central bank will consider cutting interest rates further if inflation falls below its projection or growth comes under pressure in Asia’s third-largest economy, RBI Governor Sanjay Malhotra ...

India’s retail inflation sank to its lowest level in over six years in June, coming in at 2.1 per cent compared to 2.82 per ...