State Bank of India has reduced interest rates on deposits. The bank lowered retail term deposit rates by 25 basis points.

Malé's foreign exchange reserves have surged by more than $400 million, marking a notable strengthening of the nation's ...

Studies show that monetary policy actions in India take two to three quarters to impact output, with a partial pass-through ...

Beyond the ongoing quarter, the RBI expects inflation to rise to 3.4 per cent in July-September, 3.9 per cent in ...

Tamil Nadu Money Lending Entities Act aims to prevent coercive loan recovery, protecting vulnerable groups; penalties for ...

Following the RBI’s 50 bps cut in the repo rate, many lenders including Canara Bank, Union Bank of India, Bank of Maharashtra ...

Following the Reserve Bank of India’s latest 50 basis points (bps) repo rate cut, home loan borrowers can expect relief ...

The Central Board of Direct Taxes is investigating alleged tax evasion and laundering of unaccounted funds via investment in ...

India's Central Board of Direct Taxes (CBDT) has launched an investigation into unaccounted crypto incomes among traders in ...

Financial institutions like HDFC Bank, ICICI Bank and Axis Bank make up more than a third of India’s 70 companies on the ...

These upcoming changes by the Reserve Bank of India (RBI) are designed to prevent the Liberalised Remittance Scheme (LRS) ...

A surge in oil prices after Israel’s strikes on Iran sent the Indian rupee tumbling on Friday, prompting the central bank to ...