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...
While a pick-up in summer monsoon rains in recent weeks is expected to cool food...
Panagariya, who heads the government's main economic advisory body NITI Aayog, is also...
With their weak metrics and high bad loans, India's state-run banks have not been...
Annual growth in electricity production last month slowed to 4.6 per cent from 14.7 per...
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
While he has plenty of critics at home, Rajan is a favourite among foreign investors...
Even before Prime Minister Narendra Modi swept to power in 2014, Subramanian Swamy was...
Raghuram Rajan joked he wasn't expecting to win any votes or Facebook 'likes' in the...
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...
Imports dropped 13.16 per cent year-on-year
The first signs of growing bonhomie between Modi and Rajan came early last year, when...
India's upbeat outlook contrasts with neighbouring China, where growth slipped to 6.7...
The prospect of further falls in remittances is a hindrance for the Reserve Bank of...
The ratings agency currently rates India at Baa3
Indian banks would have to make higher provisions for lending to large corporate...