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 ...

The Economic Advisory Council said that domestic growth will be driven by low inflation, resulting from good monsoon and ...

RBI Governor Sanjay Malhotra says rate transmission has been effective; hints at allowing foreign banks to own up to 26% ...

"We forecast a pause in the August and October meetings. However, we believe the RBI will deliver a final 25bp rate cut in ...

Wise, the London-listed global fintech company known for its affordable and transparent international money transfers, has officially expanded its presence in India with the launch of a new global ...

India stands at a critical economic juncture. The combination of sound domestic macroeconomics and rising external frictions ...

India’s financial environment deteriorated sharply in June 2025, as reflected in CRISIL Ratings’ financial conditions index (FCI), which slipped to -0.5 from a neutral 0.0 in May.

A viral message falsely claimed that Rs 500 notes would be discontinued by September 2025. The Indian government's PIB Fact Check clarified that this is misinformation and the Reserve Bank of India ...

We believe the RBI will deliver a final 25bp rate cut in the December meeting, taking the repo rate to 5.25 per cent by ...

NSDL Payments Bank plans to collaborate with broking firms to offer a combination of a bank account, demat account and a ...