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Reserve Bank of India

Axis Bank expects deposit and credit growth to align by FY25

In Short:Axis Bank expects credit growth to slow and match deposit growth, reflecting the challenge of balancing loan demand with depositors' preferences. The Reserve...

Eid ul-Adha Bank Holiday: June 17 Closure? Find out now

In Short:All banks in India will be closed on Monday, June 17, 2024 for Eid ul-Adha. During this time, services like cash deposits and...

Rating agencies seek RBI help to tame non-cooperation from companies

In Short:Credit rating agencies are seeking the central bank's help to penalize banks that withhold critical information for company ratings. Discussions initiated by the...

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