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India's banking regulator will draft new guidelines for bad loans after the Supreme Court revoked its Feb 12 order

After the Supreme Court struck down the central bank’s February 12th circular on bad loans, many th…

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Here’s why the rupee will remain weak at least until Arun Jaitley’s budget speech

The rupee closed at 70.49 at the end of last week, capping a 4% decline since the start of the ye…

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The Modi administration continues its courtship of small businesses with a GST breather — but it seems unlikely that state governments will opt in

The council decided to double the minimum revenue threshold for compliance with the tax to ₹4 mi…

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A small Indian state could become the country's first to introduce universal basic income

As the rest of India debates whether the government should give every citizen a minimum amount of m…

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The RBI may have dealt a $1.5 billion blow to Indian banks’ bottom line

As a result, the creditors of IL&FS, which include many of India’s public sector banks such…

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India’s finance minister touts the success of the country’s recently-implemented bankruptcy code — but it still requires significant improvement

In a post titled, “Two years of insolvency and Bankruptcy Code (IBC),” Jaitley said that as much…

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India’s central bank just gave the country’s small businesses a one-time breather from some of their bad loans — but with a few conditions

The scheme will only be applied to accounts with an outstanding value of ₹250 million or less. I…

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India’s government is doubling the amount of funds it had planned to infuse into the country’s state-owned banks in the remainder of the year

The government had originally earmarked an infusion of ₹650 billion into state-owned banks this …

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With a new governor in place, India’s government looks likely to get a payout from the central bank before the end of financial year

The Indian government’s difficulty in meeting its fiscal deficit target, at 3.3% of GDP, for the cu…

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The Indian government just appointed the man who oversaw one of its most controversial economic policies as the new head of the central bank

Assumed charge as Governor, Reserve Bank of India. Thank you each and everyone for your good wishes.

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The Indian government has instituted a panel to make the country’s 57-year old income tax law ‘more comprehensible’

He said that the mandate of the taskforce does not include changes to tax rates or new taxat…

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The Reserve Bank of India just made it a lot easier for the country’s shadow banks to sell off their loans

The restriction was put in place to ensure that the loan was being serviced regularly prior …

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The Indian government now wants its central bank's help in reviving the real estate sector

As a proxy for general business and consumer confidence, a slump in the commercial real es…

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After weeks of tension, the Reserve Bank of India gives in to some of the central government's demands while retaining its independence

Among the many concessions the RBI agreed upon, the main ones were to implement measures to impr…

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An end to the spat between the RBI and the government could be in sight as the board of the central bank prepares to meet next week

After initially refusing to loosen restrictions under the framework, it appears that the RBI m…