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Have expressed clear preference for front-loaded rate action: Jayanth Varma

I expect the rate-setting exercise to become increasingly data-driven in the months ahead, said Varma

MPC minutes suggest further repo rate hikes to tackle rising inflation

Sequence of policy measures is expected to anchor inflation expectations, said Das

RBI report projects retail inflation within tolerance band by Q1FY24

Says persistent high inflation needs policy response

Newsmaker: Meet HDFC's Kaizad Bharucha, the highest earning banker of FY22

The Covid-19 pandemic turned out to be watershed years for the lender's wholesale lending business, growing this wholesale book much faster than retail

Karur Vysya Bank's intention is to grow granular: MD & CEO R Ramesh Babu

'Commercial is the next big segment, and also retail. Retail is 23-24 per cent of the portfolio, out of which 50 per cent is home loan and loan against property'

Dhanlaxmi Bank's Rs 127-cr rights issue hits fresh roadblock at boardroom

Lender was aiming to raise Rs 127 crore for growth plans

HDFC Bank's Kaizad Bharucha took home the most among bankers in FY22

Axis' Amitabh Chaudhry the highest paid among bank CEOs

RBI stays hawkish in fight against inflation; MPC reverses Covid-era cuts

RBI hikes repo rate by 50 bps, keeps FY23 inflation, growth forecasts at 6.7% & 7.2%; home loan rates set to exceed 8%

Trade settlement in rupee: Banks seek clarity on fund repatriation

Banks also raised the question to the RBI as to why the surplus balances in Vostro accounts could only be invested in government securities and not corporate debt

Want to cut govt stake in Union Bank to at least 75%: CEO A Manimekhalai

The government holding is about 83 per cent and the Life Insurance Corporation has 7 per cent

Union Bank of India Q1 net profit rises 32% YoY to Rs 1,558 crore

Eyes QIP for equity up to Rs 3,500 cr in Q3FY23

No plan to pass interest rate hike to MFI customers: Suryoday SFB's Babu

R Baskar Babu, managing director & chief executive officer of Suryoday Small Finance Bank, tells Manojit Saha in an interview that the regulator wants these lenders to rebalance the portfolio

RBI should come up with on-tap licences for UCBs, says Satish Marathe

The revised guidelines on UCB proposed a four-tiered regulatory framework with differentiated regulatory prescriptions aimed at strengthening the financial soundness of the existing UCB

Asian countries in talks for settling trade in domestic currencies

Countries to accept trading partners' currency; move aimed at reducing dollar dependence

RBI allows settlement in rupee to settle trade with Russia, Sri Lanka

Move aimed to facilitate trade with Russia, Sri Lanka

Looking for good names as equity partners: YES Bank MD & CEO Prashant Kumar

'Whenever interest rates go up, there is an upside for the bank in the short run', said Kumar

RBI takes steps to attract foreign flows, says growth prospects stay strong

The RBI said Wednesday's measures were aimed at enhancing exchange inflows while ensuring overall macroeconomic and financial stability

HDFC twins' merger: RBI awaits more data to decide on dispensation request

At present, HDFC, being a non-banking financial company, does not have to comply with the CRR, SLR and priority sector obligations like banks

SBI, Canara, Bank of Baroda plan to raise Rs 7,500 crore through AT-1 bonds

Banks may be looking to raise funds before rates harden further

What is the Monetary Policy Committee of RBI? What's its mandate?

Last month, the Monetary Policy Committee of the RBI increased the repo rate by 50 basis points to 4.90% to contain rising inflation. Who are its members and what are the processes? Let's find out