Latest stories tagged Reserve Bank of India
HDFC Bank's Q2 FY27 profit rose 4.7% to Rs 19,510 crore, slightly below estimates, while Deputy MD Kaizad Bharucha will step down on December 31 ahead of Anup Bagchi's takeover as CEO.
Indian markets logged a second straight weekly gain, led by a record rally in IT stocks and a rebounding rupee, with the Rs 30,213 crore Jio Platforms IPO set to open next week.
YES Bank shares fell as much as 20% after the Supreme Court upheld the Bombay High Court verdict quashing the Rs 8,415 crore write-off of its AT-1 bonds.
From the fortnight beginning October 16, banks must keep 99% of their prescribed CRR with the RBI every day, up from 90%, as the central bank moves to absorb a Rs 3.88 lakh crore liquidity surplus.
