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High-frequency indicators point towards resilient economic activity in Ind
Updated : 9 months ago IST
High-frequency indicators point towards resilient economic activity in India across the industrial and services sectors, even as global economy is in a state of flux, reeling from the twin shocks of trade policy uncertainties and a spike in geo-political tensions, RBI said in its monthly bul
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RBI's Rs.10 Lakh Crore Credit Unlock a Major Boost for the Sustainable Blu
Updated : 9 months ago IST
Kochi (Kerala) [India], June 23: Kings Infra Ventures Ltd. welcomes the Reserve Bank of India's decisive policy to reduce provisioning norms for infrastructure lending -- a silent yet powerful enabler that unlocks over Rs.10 lakh crore in credit for India's future-ready sectors.
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Private banks increased market share in total deposits while PSBs loses 60
Updated : 9 months ago IST
Private banks in India have been steadily increasing their share in total bank deposits over the last five years, while public sector banks (PSBs) have witnessed a decline, according to data shared by Union Bank of India.
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India's forex reserves inch closer to record high; jumps to $699 billion
Updated : 9 months ago IST
India's foreign exchange reserves (forex) extended their gains, jumping USD 2.294 billion to USD 698.950 billion in the week ending June 13, official data released by the Reserve Bank of India showed.
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PSU banks gain market share amid slow down in credit growth: UBI Report
Updated : 9 months ago IST
The credit growth of Indian banks moderated in the Financial Year 2025, yet Public Sector Banks (PSBs) gained the market share, outperforming their Private Banks (PVBs) counterparts, according to a report by the Union Bank of India.
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RBIs project financing norms will have negligible impact on banks, NBFCs:
Updated : 9 months ago IST
The relaxation in project financing norms by the Reserve Bank of India (RBI) to banks and NBFCs will have a negligible impact on the profitability on their profitability and balance sheet, according to a report by Motilal Oswal.
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Core Investment company within Aditya Birla Group, Pilani Investment repor
Updated : 9 months ago IST
Kolkata (West Bengal) [India], June 20: Pilani Investment and Industries Corporation Ltd (BSE: 539883, NSE: PILANIINVS), a Core Investment Company within Aditya Birla Group, primarily focused on managing investments in other Birla Group companies and providing them with financing has reporte
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RBI issues final guidelines on project finance; new norms effective from O
Updated : 9 months, 1 week ago IST
The Reserve Bank of India (RBI) on Wednesday issued the final Reserve Bank of India (Project Finance) Directions, 2025 which lays down the comprehensive framework for income recognition, asset classification, and provisioning norms for project loans under implementation.
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RBI's Cash Reserve Ratio cut to boost credit growth by 1.4 to 1.5 per cent
Updated : 9 months, 1 week ago IST
The recent cut in the Cash Reserve Ratio (CRR) during the monetary policy announcement by the Reserve Bank of India is expected to create room for additional credit growth of 1.4-1.5 per cent, according to a report by the State Bank of India (SBI).
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KredX's TReDS Platform - DTX and SBI Forge Partnership to Boost Digital Su
Updated : 9 months, 1 week ago IST
Bengaluru (Karnataka) [India], June 18: KredX, India's leading integrated cash flow and supply chain finance platform, has announced a strategic partnership with the State Bank of India (SBI). This collaboration aims to expand access to digital trade receivable discounting through its RBI-li
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Surge in crude prices poses risk to India's current account deficit as eve
Updated : 9 months, 1 week ago IST
Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD 10 per barrel increase in oil prices can worsen the annual CAD by nearly USD 15 billion, according to a report by Union Bank of India (UBI).
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RBI announces reissue of Govt securities worth Rs 27000 crore in two tranc
Updated : 9 months, 1 week ago IST
The Centre has announced the sale (re-issue) of government securities totalling Rs 27,000 crore
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