SBI seeks $1.25 billion loan in one of country’s largest bank lending in 2024
State Bank of India is seeking a $1.25 billion loan, potentially the largest from an Indian financial institution this year. The five-year loan, coordinated...
RBI report shows India’s forex reserves cover stands at 11.2 months of imports with a slight decline
India's foreign exchange reserves can now cover 11.2 months of imports, down from 11.3 in March 2024, according to the RBI. Short-term debt has...
Diwali 2024 bank holidays: Are banks closed on October 31 or November 1? Full state-wise Diwali bank holiday list
Diwali 2024 bank holidays full list: Bank holidays for Diwali in 2024 vary across Indian states. Diwali, also known...
RBI’s rosy growth forecast baffles economists
The Reserve Bank of India's forecast of a 7.2% growth rate for the economy by March 2025 is causing...
ICICI Bank registers 14.5 per cent profit at Rs 11,746 crore for Q2 results
ICICI Bank reported a 14.5% standalone net profit growth to Rs 11,746 crore for Q2 of the current financial...