MUMBAI, April 23 (Reuters) - India's central bank relaxed the provisioning norms for banks with retrospective effect from September 30, 2010, which in turn could help banks post higher profits. The ...
The Reserve Bank of India has taken a major step to ease pressure on lenders by softening its final guidelines for project finance loans on Thursday. This move, according to multiple brokerages, could ...
Indian benchmark indices Sensex and Nifty ended sharply higher on Friday, snapping a three-day losing streak, as a rally in financial stocks fuelled by the Reserve Bank of India’s move to ease ...