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...

Imports dropped 13.16 per cent year-on-year

Rajan said the central bank has used up all its "space available" to cut interest rates

India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes...

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

Like pharmaceutical companies globally - which used to enjoy a preferential exchange...

In 2013, India suffered its worst currency crisis in more than two decades but has...

The insolvency and bankruptcy code will strengthen the hands of lenders to recover...

Three members will be representatives from the government, and three from the RBI.

India's $121 billion troubled debt pile, over $100 billion of which is on the books of...

Infrastructure accounts for nearly 38 per cent of India's industrial output

Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms...

Retail inflation has eased from double digits in 2013.

The surge is a stark turnaround from 2013 when the country's current account gap hit a...

After months of denying there was a liquidity problem, Governor Raghuram Rajan has...

India, the bank's second biggest shareholder after China, is looking to borrow from the...