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RBI pauses with dramatic effect, markets wobble

05 Dec 2019

MUMBAI The Reserve Bank of India (RBI) kept its key lending rate on hold in a shock decision that spooked markets on Thursday, even as it slashed its growth forecast for the economy to its lowest level in over a decade.

India seen making sixth interest rate cut, but no cure for economy's ills

03 Dec 2019

MUMBAI Five interest rate cuts since the start of the year hasn't stopped India's economy from slowing to its weakest growth rate since 2013, but the country's central bank is expected to make its sixth cut on Thursday to give what little relief it can.

India's bankruptcy code set to face huge test in DHFL case

21 Nov 2019

MUMBAI India's bankruptcy-resolution process has just begun to find its feet with recent precedent-setting court rulings, but bankers, lawyers and insolvency experts say the system is about to face a huge test.

India's bankruptcy code set to face huge test in DHFL case

21 Nov 2019

MUMBAI, Nov 21 India's bankruptcy-resolution process has just begun to find its feet with recent precedent-setting court rulings, but bankers, lawyers and insolvency experts say the system is about to face a huge test.

Fiscal stimulus needed to revive India's stuttering economy: analysts

18 Nov 2019

MUMBAI India has depended on monetary policy to support its economy growing at its slowest pace in six years but the government must now deploy more direct fiscal stimulus or risk a long period of stagnation, analysts and experts say.

Love of cash hinders India's move to digital economy

14 Nov 2019

SATARA, India India's dependency on cash may slow the country's transition to digital payments despite large numbers of internet and mobile phone users.

Indian central bank signals scope for more rate cuts to get economy on track

18 Oct 2019

MUMBAI India's central bank monetary policy committee favors cutting interest rates and continuing with an accommodative stance until the economy is firmly on a recovery path, its minutes showed.

Slowing Indian bank lending overshadows economic rebound hopes

16 Oct 2019

MUMBAI Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of India (RBI) data shows, as slowing domestic consumption weighs on demand.

RPT-INSIGHT-Realty bites: Indian property slump leaves beleaguered banks exposed

14 Oct 2019

MUMBAI, Oct 13 India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the real estate industry could augur fresh strife for its banks.

Realty bites: Indian property slump leaves beleaguered banks exposed

13 Oct 2019

MUMBAI India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the real estate industry could augur fresh strife for its banks.

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