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...

Progress on monsoons along with favourable base effect in 2HFY2017 continues to point...

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

Rajan said India's good economic fundamentals would allow it to overcome any 'sharp...

RBI promises to take all necessary steps, including liquidity support

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

Anandabazar Patrika reported that Rajan would prefer to go back to the United States...

Lenders have reported a surge in their bad loans in the six months to March after an...

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...