News

India's services sector growth picked up slightly in April after March's slowdown as demand expanded robustly, although ...
The court ordered the liquidation of Bhushan Power, citing failures in the insolvency process managed by the insolvency ...
The Indian rupee is likely to hold a slightly positive bias this week, and alongside government bonds, will take cues from ...
State Bank of India, the country's biggest lender by assets, aims for loan growth of 12%-13% in 2025-26, almost flat from the ...
State Bank of India, the country's biggest lender by assets, reported a nearly 10% drop in net profit for the January-March ...
Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has secured approval from the Reserve Bank of India (RBI) to acquire 51% in Yes ...
Sumitomo Mitsui may acquire up to 51 percent stake in YES Bank, allowing SBI and other rescuing banks from 2020 to begin ...
A robust regulatory framework, complemented by transparent ratings and performance-linked incentives, is an overdue need.
Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to acquire a significant stake in Yes Bank, potentially ...
SMBC will either buy less than 26% in Yes Bank and do a merger through a share swap, or may buy up to 26% and launch an open ...
In dollar value terms, the share of gold in the total foreign exchange reserves increased to about 11.7% by end-March, from 9 ...
The Government of India (GoI) has announced the sale (re-issue) of (i) 6.92% GS 2039 for a notified amount of ₹16,000 crore and (ii) 6.90% GS 2065 for a notified amount of ₹16,000 crore. The auction ...