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Finance

Rupee to cling to 82 against US Dollar ahead of RBI rate decision

newzowl - April 6, 2023

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee is likely to open little-changed against the U.S. dollar on Thursday amid losses in Asian...

Finance

RBI set to raise rates 25 bps on elevated inflation, keep hawkish stance

newzowl - April 6, 2023

By Swati Bhat MUMBAI (Reuters) - India's central bank is widely expected to raise its benchmark rate on Thursday for the seventh consecutive meeting...

Finance

Embattled Adani Group trumpets stable ties with international lenders

newzowl - April 5, 2023

Adani group told investors that several top Japanese and European banks have reaffirmed confidence in the embattled conglomerate after it was pummeled by...

Finance

How banks’ lending rates have gone up faster than deposit rates

newzowl - April 5, 2023

In response to the Reserve Bank of India’s 250-bps hike in repo rate, term deposit rates have been raised by 100 bps by...

Finance

Citi launches its branch in GIFT IFSC; to offer financing solutions

newzowl - April 5, 2023

Reserve Bank of India issues framework for Indian banks' foreign bizAxis Bank-Citi deal: Synergies seen FY25 onwards on deposit, AUM attritionCiti names Aditya...

Finance

Rupee, bonds gain ahead of RBI’s monetary policy review decision

newzowl - April 5, 2023

Bond yields ease as MPC minutes hint at slower interest rate hikesBond yields track US peers on Federal Reserve interest rate hikeBanks tier II...

Finance

Cube Highways files document for privately placed Rs 5,226-crore InvIT

newzowl - April 5, 2023

The InvIT, Cube Highways Trust, will raise Rs 3,803 cr in fresh capital and Rs 1,423 cr by way of secondary share sale...

Finance

Bandhan Bank’s total deposits rise 12.2% at Rs 1.08 trn in Q4FY23

newzowl - April 5, 2023

Bandhan Bank's total deposits in the fourth quarter of last fiscal stood at Rs 1,08,069 crore, registering a rise of 12.2 per cent...