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Financial technology and digital lending firms must operate under the licenses given to them, the Reserve Bank of India Governor Shaktikanta Das said on Friday. The governor stated that the central bank could not allow building up of…

The government is watchful and mindful of the impact of falling rupee on the country's imports, finance minister Nirmala Sitharaman said, while asserting that Indian currency has performed relatively better than others against dollar.…

The Reserve Bank of India (RBI) Thursday said the broader financial system must be shielded from the fintech industry's potential to cause instability while acknowledging the sector's role in democratising access to organised finance.…

MUMBAI: The Reserve Bank of India (RBI) has said that the banking system is sound and the economy is on the path to recovery, and the threats to the country are largely from global spillovers and geopolitical tensions. RBI governor …

Mumbai: Finance minister Nirmala Sitharamanhas said that the Indian currency is better placed compared to its peers and the forex markets were experiencing global spillovers. On Thursday, the rupee ended weaker for the third consecutive…

In signs that economic revival is gaining pace, bank loans rose 12.6 percent in May more than double the pace of 4.9 percent growth in May last year. Significantly all sectors- agriculture, industry, services as well as retail did better…