Setty said a key difference between India and many other economies today is the strength of its banking system. He recalled that after the global financial crisis and the subsequent spillovers, India ...

The report noted that during the period from FY05 to FY25, bank deposits increased significantly from Rs 18.4 lakh crore to ...

Currently, the banking system is estimated to be in surplus of around Rs 29,872.34 crore as on January 11, as per RBI data.

The Indian banking system has evolved significantly over the past few decades, playing a crucial role in the country's economic growth and contributing to global financial stability. With a robust mix ...

Investing.com -- The Reserve Bank of India (NSE:BOI) (RBI) announced on Monday that it will double the volume of security purchases under its upcoming open market operation on February 13. The move ...

RBI has given in-principle approval to Japan’s SMBC to set up a wholly-owned banking subsidiary in India, strengthening ...

MUMBAI, June 3 (Reuters) - The Indian banking regulator is signalling possible rule changes ahead that would let foreigners own more of India's banks, spurred by overseas institutions' eagerness for ...

MUMBAI, March 6 (Reuters) - Indian central bank's latest bond purchase and FX swaps underscore its intention to keep banking system liquidity in a surplus, which should help banks to pass on policy ...

Editor’s note: This is the second of a six-chapter article on the economy of India, published this week. In “lombard street”, published in 1873, Walter Bagehot, then editor of The Economist, wrote ...