Growth in retail loans tops that of corporate
MUMBAI: Retail loans have grown at more than double the pace than overall loans till the end of last year,
Utkarsh Micro Finance plans to raise Rs 500
MUMBAI: Utkarsh Micro Finance plans to raise as much as Rs 500 crore by privately selling shares to institutions as
CPI inflation hits 14-month high of 5.41% in
NEW DELHI: Consumer inflation rose to a 14-month high in November while wholesale deflation narrowed in the month because of
RBI Deputy Governor warns corporates of unhedged forex
MUMBAI: Reserve Bank of India deputy governor SS Mundra has admitted that unhedged foreign currency exposure by over-leveraged corporates continues
Rupee stares at 67 to the dollar: Why
NEW DELHI: While a slide in the dollar following a less-than-expected stimulus by the European Central Bank (ECB) spelt some
Rupee Slumps to Over Two-Year Low, Sensex Falls
Indian stocks fell sharply on Friday amid a selloff in global markets. The Sensex declined over 200 points while Nifty
25 basis points rate cut expected by RBI
A day after the Reserve Bank held its rates unchanged, foreign brokerage Bank of America Merrill Lynch on Wednesday said
Raghuram Rajan to Deliver Good News on EMIs
EMIs on home and auto loans are likely to fall once the Reserve Bank comes out with a new methodology
GDP growth picks up pace
Aided by stepped up government spending, a surprise uptick in agricultural output and and sharper value creation in the manufacturing
GDP Growth Accelerates to 7.4% in Q2, Rate
Higher manufacturing output pushed India’s GDP growth to 7.4 per cent in the September quarter as compared to 7 per