The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.

Some big lenders in India have asked the central bank to inject liquidity using foreign-exchange swaps as short-term currency ...

The strategy of holding gold is primarily aimed at hedging against inflation and reducing foreign currency risks, especially ...

RBI stated today that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the ...

HDFC Bank has compounded capital at region-leading rates for decades. Read why HDB stock offers strong growth potential for ...

HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments ...

After the change, MCLR will now range between 9.15 percent and 9.45 percent. The new rates will come into force from Jan 7, ...

Central banks around the world collectively, in November 2024, added 53 tonnes of gold to their reserves, of which the ...

RBI approves HDFC Bank group to acquire up to 9.50% stake in Kotak Mahindra, AU Small Finance, and Capital Small Finance ...

RBI mandates lenders to update credit records every 15 days, enhancing credit score accuracy and borrower representation.

The Indian rupee has come under pressure in the last few weeks due to various domestic as well as international factors. These include India’s sluggish growth, outflows by foreign investors from ...

Chennai: The Reserve Bank of India continued adding gold to its reserves in November. It added 8 tonnes of gold, lifting the ...