Currently, while foreign investors, including portfolio investors, can own up to 74 per cent in Indian banks, regulations cap a strategic foreign investor’s stake at 15 per cent. However, the RBI can ...

RBI Governor Sanjay Malhotra highlighted a marked shift in household savings away from traditional bank deposits, dropping ...

India’s central bank will consider cutting interest rates further if inflation falls below its projection or growth comes under pressure in Asia’s third-largest economy, RBI Governor Sanjay Malhotra ...