Though the hikes are not enough to cover the losses suffered by oil marketing companies, they will result in higher transportation cost, spike inflation...
The decision follows a recent review by the bank’s Asset Liability Management Committee (ALCO), which convened on July 14, said a statement.
The revised MCLR...
The board of directors gave its nod for the capital raising programme at a meeting held on Thursday.
The capital will be raised through debt instruments,...
The IFR was introduced as a prudential buffer during a period when investment portfolios and interest-rate movements could create significant volatility for banks. It...
Credit guarantee scheme beneficiaries to triple by 2029: Union Minister
The Micro, Small and Medium Enterprises (MSME) sector continues to play a pivotal role in...
The debate surrounding India’s fuel security intensifies with every international crisis, but the problem itself is not new. While PM’s austerity measures addressed an...
The 2008 crisis was largely financial, while the 2013 episode was mainly about currency instability and capital flight. Today’s challenge is broader. For an...