The Indian banking system has evolved significantly over the past few decades, playing a crucial role in the country's economic growth and contributing to global financial stability. With a robust mix ...

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch participating in electronic payment ...

Editor’s note: This is the second of a six-chapter article on the economy of India, published this week. In “lombard street”, published in 1873, Walter Bagehot, then editor of The Economist, wrote ...

Close on the heels of the Monetary Policy Committee’s announcement on October 1 to implement the expected credit loss (ECL) framework by fiscal year 2027 for banks, draft guidelines detailing the ...

This paper highlights Financial System Stability Assessment report of India’s Financial Sector Assessment Program (FSAP). India’s financial system has withstood the pandemic well and has become more ...

MUMBAI, Dec 29 (Reuters) - Financial institutions in India have remained resilient amidst the pandemic and stability prevails in the financial markets, cushioned by policy and regulatory support, ...

MUMBAI, Nov 3 (Reuters) - India's IndusInd Bank (INBK.NS), opens new tab expects to grow in line with the country's banking sector next year, following efforts to clean up its books and complete an ...