Prime Minister Manmohan Singh and United Progressive Alliance (UPA) chairperson Sonia Gandhi flew down to Mumbai last week to open the first branch of India’s…
Indian Economy & Finance Blog by Tamal Bandyopadhyay
Prime Minister Manmohan Singh and United Progressive Alliance (UPA) chairperson Sonia Gandhi flew down to Mumbai last week to open the first branch of India’s…
Forty listed Indian banks’ collective net interest income—the difference between what they earn on giving loans and what they pay to depositors—rose by at least…
India’s wholesale inflation rose 7% in October from 6.46% in September and a recent low of 4.58% in May. This is more than what most…
The government cleared the appointment of Arundhati Bhattacharya as the chairperson of State Bank of India, the nation’s largest lender, a week after her predecessor…
The yield on the 10-year benchmark bond crossed 9% on Monday morning. It rose to as much as 9.13% before settling at around 9.09% at…
Private sector lender HDFC Bank Ltd, India’s most valuable bank, has increased its base rate—or minimum lending rate—by 20 basis points to 10%. One basis…