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India's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident deposits accounted for the largest portion of these substantial inflows
Fairfax Financial may receive two years to consolidate its Indian bank holdings. This consolidation is necessary for its acquisition of a majority stake in IDBI Bank
New Delhi: The Supreme Court Tuesday said the Indian Banks Association (IBA) has no authority to include the names of lawyers in caution' lists for negligence or professional incompetence, ruling that such declarations are unsustainable in law. Such lists, pub
Indian banks are significantly reducing their reliance on short-term debt sales, known as certificates of deposit (CDs). This shift is driven by the Reserve Bank of India's initiative to attract foreign-currency deposits, offering a cheaper and more stable fun