According to three people familiar with the matter, the Reserve Bank of India (RBI) is in extensive consultations with digital lending and consumer associations as...
State Bank of India (SBI), the country’s largest lender, raised the marginal cost of its funds-based lending rate (MCLR) by ten basis points from April...
India’s annual retail inflation surged to a 17-month high in March, while factory output contracted month-on-month in February, complicating the central bank’s policy choices. Data...
India’s foreign exchange (forex) reserves dipped by $2.59 billion on March 18, recording a sharp drop for the second consecutive week as the Reserve Bank...
State Bank of India (SBI) is planning a separate digital entity. It will revamp its current mobile application, rechristening it ‘Only Yono’, as part of...