RBI is examining shareholding norms and licensing rules for banks as part of a broader review, Governor Sanjay Malhotra said.

While India permits 74% foreign direct investment in private banks, it restricts a single financial entity from holding more ...

India's central bank is examining shareholding norms and licensing rules for banks as part of a broader review, Governor ...

Amazon is developing a foldable tablet to compete with Huawei’s foldable laptop and much rumoured Apple foldable iPad. Here ...

Japan’s SMBC is betting big on Yes Bank with a 20% stake. But will it be able to drive the strategy change that Yes Bank ...

Joyce Tee brings three decades of experience working in the banking industry. Sumitomo Mitsui Banking Corporation (SMBC) has ...

Typically, when the yield gap shrinks, FPIs sell Indian bonds and invest in US bonds for risk-free returns. However, in ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Canada's annual inflation rate fell to 1.7% in April due to a drop in energy prices, but analysts said a rise in closely ...

The funds will be raised through a public offer or a private placement of senior unsecured notes in US Dollar or any other ...

Sumitomo Mitsui Financial downgraded to Hold due to organic growth concerns, despite strategic moves like SoftBank ...

New Delhi: State Bank of India (SBI), the largest bank in India, has reduced the interest rates on fixed deposits (FDs) by 20 ...