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2 mins read

Strong growth, lower fiscal deficit may lead to India rating upgrade: Deutsche Bank

Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a Ger…

PTI   


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After a volatile week, all eyes on RBI’s Monetary Policy meeting! But experts expect no change in repo rate

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is gearing up to announce its mon…

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2 mins read

Rupee rises 1 paisa to 83.43 against US dollar in early trade

The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…

PTI   


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Europe's central bank cuts interest rates for first time in 5 years

The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…

Theron Mohamed   


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3 mins read

India's retail inflation eases marginally in April; here's what experts have to say

India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…

ANI   


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Higher interest rates have created 63 'problem banks' and $517 billion in unrealized losses, FDIC says

"This is the ninth straight quarter of unusually high unrealized losses since the Federal Reserve b…

Matthew Fox   


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4 mins read

Gold rate today (13th June 2024): Latest gold prices in India key cities

On Thursday, gold rates saw an increase across India. In Delhi, 10 grams of 24-carat gold would cos…

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4 mins read

Gold rate today (14th June 2024): Latest gold prices in India key cities

On Friday, gold rates saw decline across India. In Delhi, 10 grams of 24-carat gold would cost you …

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2 mins read

Investors and economists are getting worried about more bank failures as interest rates stay high

High interest rates are "corrosive" to the economy, Mark Zandi said, while others fear the impact o…

Jennifer Sor   


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5 mins read

Gold rate today (11th June 2024): Latest gold prices in Mumbai, Delhi, Kolkata, Bengaluru, Chennai and other Indian cities

Gold rate On Tuesday, saw an increase across India. In Delhi, 10 grams of 24-carat gold would cost …

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2 mins read

Credit and profitability of banks to moderate in FY25, says ICRA

The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…

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4 mins read

Gold rate today (12 June 2024): Major Indian Cities Latest Prices

Gold rate on Wednesday saw an increase across India. In Delhi, 10 grams of 24-carat gold would cost…

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2 mins read

RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P

Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…

PTI   


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RBI leaves key repo rate unchanged, focus on keeping inflation in check

The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in i…

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Status quo: Markets trade flat after RBI MPC leaves repo rate unchanged at 6.5%

RBI MPC keeps repo rate at 6.5%. Governor optimistic about inflation and GDP growth. Nifty gainers:…

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Monetary Policy Committee keeps repo rate unchanged at 6.5%, confirms RBI governor Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), has kept the rep…

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Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings

The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to …

PTI   


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RBI Monetary Policy Meeting: Central Bank likely to keep rates steady

Reserve Bank of India Governor Shaktikanta Das will announce the outcome of the first Monetary Poli…

ANI   


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Billionaire Barry Sternlicht predicts weekly bank closures as the real estate sector battles high interest rates and inflation

Barry Sternlicht said real estate's primary lenders — regional and community banks — could soon be …

Erin Snodgrass   


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Indian banks expected to maintain profitability amid margin pressure: Fitch Ratings

According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis p…

ANI