Setty said a key difference between India and many other economies today is the strength of its banking system. He recalled ...

The report noted that during the period from FY05 to FY25, bank deposits increased significantly from Rs 18.4 lakh crore to Rs 241.5 lakh crore.

Currently, the banking system is estimated to be in surplus of around Rs 29,872.34 crore as on January 11, as per RBI data.

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, 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 ...

March 5 (Reuters) - India's central bank said on Wednesday it will infuse $21 billion in rupee liquidity into the banking system in a bid to ease lending conditions and boost economic growth. The ...

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 ...