As India pushes toward the $5 trillion economic milestone, Union Finance Minister Nirmala Sitharaman has said that the ...

Sanjay Malhotra, Governor of the Reserve Bank of India, reassured the public that India's banking system continues to be "safe and secure." He emphasized that the recent accounting lapses at IndusInd ...

MUMBAI, Sept 20 (Reuters) - India's banking system liquidity deficit is at its widest in over four years ago, amid tax outflows and the lack of any major inflows, traders said on Wednesday. Banking ...

It may be robust but the Indian banking system is anything but fast. Even checks paid within Mumbai (Bombay), the financial capital, take two days to clear. In other locations clearing can take up to ...

India’s central bank announced plans to withdraw excess liquidity from the banking system, a move likely aimed at stemming the recent slide in overnight borrowing costs. The Reserve Bank of India said ...

(This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get the latest news from India and how it matters to the world.) Sumitomo Mitsui Banking ...

MUMBAI, Aug 22 (Reuters) - India's banking system liquidity has slipped into deficit for the first time this financial year after the Reserve Bank of India's temporary liquidity withdrawal move and ...

MUMBAI, March 6 (Reuters) - Indian central bank's latest bond purchase and FX swaps underscore its intention to keep banking system liquidity in a surplus, which should help banks to pass on policy ...