Indian Bank reports a 34.57% increase in net profit and significant digital business growth amidst challenges in deposit and credit growth.
Some large Indian lenders’ earnings have been more robust. Kotak Mahindra Bank’s shares jumped more than 9 per cent on Monday after it posted a 10 per cent rise in quarterly profit, even as money set ...
The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, with the central receiving bids totaling $25.59 billion from 253 participants.