NEW DELHI, Nov 19 (Reuters) – The Indian government is considering selling minority stakes in four state-run banks to comply with public shareholding norms mandated by the country’s markets regulator, a government source told Reuters. The finance ministry is likely to seek
MUMBAI, Oct 13 (Reuters) – India’s foreign exchange reserves declined for a fifth straight week and stood at $584.74 billion as of Oct. 6, the lowest in more than five months, data from the Reserve Bank of India (RBI) showed on Friday.
BENGALURU, Oct 11 (Reuters) – Shares of Bank of Baroda fell nearly 4% on Wednesday, a day after the Reserve Bank of India stopped the state-run lender from adding customers to its mobile app citing “certain material supervisory concerns.” Shares of the
MUMBAI, Oct 6 (Reuters) – The RBI (Reserve Bank of India’s) key lending rate was held steady at a fourth consecutive policy meeting on Friday, as widely expected, with investors more focused on the regulator’s liquidity management plan amid a resurgence in
New Delhi, Sep 30: The Railway Senior Citizens body demanded the Centre to implement the recommendation of a Parliamentary Standing Committee on Pensioner’s grievances for increasing additional pension by 5-20% from age 65 to 80. In a memorandum the Finance Minister dated