Walmart's Flipkart has obtained a lending licence from the Reserve Bank of India (RBI), allowing the e-commerce platform to ...

The Reserve Bank of India’s surprise outsized rate cut last week will leave the rupee vulnerable to further depreciation by ...

The central bank led by Sanjay Malhotra surprised by slashing its key policy rate by 50 basis points. Under the new governor, ...

After the revision, ICICI Bank offers FD interest rates between 3% and 6.6% to general citizens for amounts below Rs 3 crore; ...

RBI Deputy Governor warns of debt traps in microfinance, urges lenders to reform coercive recovery and high interest rate ...

Nifty Bank hit a record high above 57,000 as the RBIs surprise 50bps rate cut and CRR reduction boosted financial stocks.

As digital transactions grow and banking reaches more people, fraudulent practices are expected to rise further. Both banks ...

The Reserve Bank of India (RBI) cut its repo rate by 50 basis points from 6 per cent to 5.5 per cent on June 6. With this, ...

Bond yields in India are expected to go down following the recent frontloaded rate cut by the Reserve Bank of India (RBI), ...

Overnight and one-month MCLR now stand at 8.90%. Two- and three-year tenures are down to 9.10% from 9.20%.

Bank of Baroda reduces its mortgage lending rates by 50 bps to 8.15%, while HDFC Bank cuts MCLR rates by 10 bps, benefiting ...