The bank's net profit fell to 2,232 crore for its fiscal first quarter to June 30.

Kaushik Basu, whose stint at the World Bank ends on July 31, was being looked at as a...

Top Indian private sector lender ICICI Bank, which owns nearly 68 percent of the...

Modi will also need to reconcile market demands with those from forces within his own...

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

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...

India is gearing up to introduce a six-member monetary policy committee that would vote...

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 was expected to join the search committee to appoint three external members of a...

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

RBI promises to take all necessary steps, including liquidity support

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...

The RBI is not statutorily independent from the government but has long enjoyed wide...