The bank's net profit fell to 2,232 crore for its fiscal first quarter to June 30.
Top Indian private sector lender ICICI Bank, which owns nearly 68 percent of the...
With their weak metrics and high bad loans, India's state-run banks have not been...
The stress in the banking sector, which mirrors the stress in the corporate sector, has...
Here is some background on the candidates seen as potential successors to Rajan at the RBI
As the clean-up has taken hold, loan growth slipped to 10.7 per cent in the last fiscal
The RBI is not statutorily independent from the government but has long enjoyed wide...
Bankers and government officials told Reuters Rajan's successor may be less aggressive...
Finance Minister Arun Jaitley said in a Twitter post that the government appreciated...
Rajan said the central bank has used up all its "space available" to cut interest rates
These cash shortages increase banks' funding costs, making it harder for them to lower...
The prospect of further falls in remittances is a hindrance for the Reserve Bank of...
The ratings agency currently rates India at Baa3
In 2013, India suffered its worst currency crisis in more than two decades but has...
Indian banks would have to make higher provisions for lending to large corporate...
State-owned banks account for more than two-thirds of the sector's assets and about 85...
India's $121 billion troubled debt pile, over $100 billion of which is on the books of...
Digibank will offer only savings deposits initially, but will expand to include...
The surge is a stark turnaround from 2013 when the country's current account gap hit a...
The lenders, led by State Bank of India (SBI), are due to inform the Supreme Court of...