The Indian banking system has evolved significantly over the past few decades, playing a crucial role in the country's economic growth and contributing to global financial stability. With a robust mix ...

MUMBAI, March 17 (Reuters) - India's banking system continues to be stable and resilient, and lenders have built sufficient buffers to shield themselves from any unforeseen stress, the governor of the ...

It may be robust but the Indian banking system is anything but fast. Even checks paid within Mumbai (Bombay), the financial capital, take two days to clear. In other locations clearing can take up to ...

MUMBAI, March 17 (Reuters) - India's banking system liquidity is likely to tighten further on a more persistent basis with upcoming tax outflows and maturing repurchase agreements with the central ...

A high-level committee under Viksit Bharat examines bank consolidation, foreign investor caps, and NBFC conversions to ...

What was once a largely cash driven economy has rapidly evolved into one of the world’s most advanced digital payment ecosystems, News.az ...

India’s central bank announced plans to withdraw excess liquidity from the banking system, a move likely aimed at stemming the recent slide in overnight borrowing costs. The Reserve Bank of India said ...

HDFC Bank and Centurion Bank of Punjab have agreed to the biggest merger in Indian banking history, valued at about $2.4 billion. It is likely the beginning of a wave of M&A; deals in the financial ...

Under the operation, the central bank purchased several bonds with different maturity periods.

Nov 11 (Reuters) - Standard & Poor's (S&P) Ratings Services revised upwards India's banking industry country risk assessment (BICRA) to group '5' from group '6', making it part of a group of countries ...

While fraud doesn't pose a systemic threat to India's banking system, there are significant and ever-present risks at the customer level, as the ₹590-crore fraud at IDFC First Bank shows.