For the first time since March 2010, Public Sector Banks (PSBs) reported double-digit growth in advances at 12.2 per cent year-on-year in FY25, surpassing Private Sector Banks' (PVBs) growth of 9.5 per cent, according to a Systematix Group report.
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the Clearing Corporation of India Ltd (CCIL) should prepare for the next phase of financial market development by facilitating currency trading beyond the dollar-rupee pair, as part of the broader goal of internationalising
New Delhi [India], September 18: India's bond market stands at an unprecedented inflection point in 2025, having reached a staggering size of ₹238 trillion (approximately $2.69 trillion) by March 2025, representing a remarkable 10.2% growth from the previous fiscal year. This monumental achi
Mumbai (Maharashtra) [India], September 17: Paymentz, a leading RBI-authorized payment aggregator, has partnered with Consentin by Leegality to implement end-to-end Digital Personal Data Protection (DPDP) compliance across all its platforms.
Loan growth in India is expected to improve in the coming years supported by stabilising asset quality and policy push from the government and the Reserve Bank of India (RBI), according to a report by Nomura.
The Reserve Bank of India (RBI) is expected to lower policy rates by 25 basis points each in the upcoming Monetary Policy Committee (MPC) meetings in October and December, taking the terminal policy rate to 5 per cent, according to a report by Morgan Stanley.
The Reserve Bank of India (RBI) has rolled out detailed regulatory guidelines for Payment Aggregators (PAs) and recommended baseline technology standards for Payment Gateways (PGs), to ensure safety, transparency and resilience in the fast-growing digital payments ecosystem.
Mumbai (Maharashtra) [India], September 16: In today's fast-paced world, no one wants to spend hours waiting at a bank branch. At AU Small Finance Bank, we bring the branch to your home with Video Banking.
India's retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset the country's broader price stability, partly due to recent GST reforms.
India's retail inflation, as measured by the Consumer Price Index (CPI), inched up marginally to 2.07 per cent in August 2025 on a year-on-year basis, according to data released by the Ministry of Statistics and Programme Implementation on Friday.
The Reserve Bank of India (RBI) on Friday announced the results of its latest underwriting auction for government securities, fixing the cut-off rates for underwriting commission payable to primary dealers. The auction, held on September 12, 2025, covered two sets of government bonds with ma