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 ...

While the moves in June initially caused confusion among central bank watchers, Malhotra had clarified that the RBI would ...

RBI Governor Sanjay Malhotra says rate transmission has been effective; hints at allowing foreign banks to own up to 26% ...

Annual retail inflation in India slowed to a more than six-year low of 2.10% in June, on the back of easing food prices, data ...

India’s retail inflation cooled sharply to 2.10 per cent in June, marking its lowest level in over six years and slipping close to the bottom end of the Reserve Bank of India’s target band. The ...

RBI Governor Sanjay Malhotra indicated the possibility of further interest rate cuts this year, citing a significant drop in ...

A slump in India's retail inflation to six-year lows and a likely drop to a record low in July is prompting calls for at ...

The Finance Ministry figures show that the average inflation under Prime Minister Narendra Modi’s tenure stands at 5.1 per cent, compared to 8.1 per cent in the UPA regime.