The profit stood at Rs 319.6 crore in the same quarter a year ago. Sequentially, net profit grew 0.9% from Rs 336.2 crore.

On Wednesday, the five-day variable rate repo (VRR) auction saw muted response, with banks borrowing just Rs 3,980 crore ...

Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been ...

The Indian Rupee saw its best gain since June 3, strengthening to 86.36/$1 due to a softer dollar index and a contraction in ...

Indeed, it is unrealistic and unreasonable to expect the RBI to go against the trend and spend large sums of hard-earned ...

The International Finance Corp. has approved funding for tire factory projects proposed by JK Tyre & Industries in India and ...

The current wave of FPI selling began in October after China's stimulus measures propelled its markets, which were trading at ...

US policy shifts and rising crude oil prices increase inflation risks. These global uncertainties challenge India’s economic ...

At the interbank foreign exchange, the Indian rupee opened at 86.57 and pared further losses to trade at 86.49 against the US ...

Government sources highlighted that the rupee depreciation will enhance India's export competitiveness in global markets, ...

Weakening rupee poses inflation threat, impacting import bill and rate review deliberations by RBI's Monetary Policy ...

This decline follows a significant surge in 2023, when foreign loans more than doubled from $14.38 billion in 2022, marking the sharpest increase in over a decade ...