Why Yes Bank’s bailout has panicked markets

State Bank of India’s agreement to buy Yes Bank stems from the central bank’s aspiration to maintain trust in the country’s financial system. However, as bank share prices and deposits fall, not everyone is reassured.
March 22, 2020

Why India needs a bad debt agency

Bad debts in state banks are rising but handling them without crimping economic growth will be tricky. Is a bad debt agency the answer?
February 12, 2016

RBI cuts Indian banks' reserve ratios

The Reserve Bank of India surprises markets with a 75bp reduction in the cash reserve ratio ahead of a key policy meeting this week.
March 12, 2012

Payment news, April 27

The Reserve Bank of India raises key policy rates, while the IFC and Asean associations work to promote trade.
April 26, 2010

ANZ gets approval for Mumbai branch

A decade after ANZ sold the Grindlays franchise and exited its India business, it receives permission to set up its first branch in Mumbai.
March 04, 2010