INDIA THIS WEEK

A Weekly Newspaper Featuring News & Trends from the Indian Sub-Continent Published from the US Capital

#Banking

RBI Directs Banks Not to Recognize Unrealized Interest as Income on Acquired Stressed Assets RBI

RBI

RBI Directs Banks Not to Recognize Unrealized Interest as Income on Acquired Stressed Assets

July 16, 2026

NEW DELHI, July 16 (ANI): The Reserve Bank of India (RBI) has issued final guidelines for commercial...

Finance Minister Nirmala Sitharaman Urges Banks to Expand NRI Outreach as FCNR(B), ECB, and OFCB Schemes Gain Momentum NSE

NSE

Finance Minister Nirmala Sitharaman Urges Banks to Expand NRI Outreach as FCNR(B), ECB, and OFCB Schemes Gain Momentum

July 13, 2026

New Delhi, July 13 (ANI): Union Finance Minister Nirmala Sitharaman on Monday urged public sector banks (PSBs)...

Indian Banks’ Credit Growth Expected to Remain at 14% in FY27, PSBs to Lead CD Ratio Improvement: MOSFL bank credit

bank credit

Indian Banks’ Credit Growth Expected to Remain at 14% in FY27, PSBs to Lead CD Ratio Improvement: MOSFL

July 6, 2026

New Delhi [India], July 6 (ANI): Indian banks are expected to see an improvement in the credit-to-deposit...

Scheduled Commercial Banks Reduce One-Year Median MCLR to 8.50%, RBI Says RBI

RBI

Scheduled Commercial Banks Reduce One-Year Median MCLR to 8.50%, RBI Says

June 30, 2026

NEW DELHI, India, June 30 (ANI) — Scheduled commercial banks (SCBs) lowered their benchmark lending rates in...

Rate Cut Expected by Year-End; GST Reforms to Spur Credit Demand: Goldman Sachs Rate cut by year-end

Rate cut by year-end

Rate Cut Expected by Year-End; GST Reforms to Spur Credit Demand: Goldman Sachs

October 19, 2025

New Delhi [India], October 19 (ANI): Goldman Sachs has indicated that an additional policy rate cut is...

Fearing Collapse, Taiwan Pulls Billions From China’s Crumbling Economy

Taiwan pulls billions from china's crumbling economy

Fearing Collapse, Taiwan Pulls Billions From China’s Crumbling Economy

July 16, 2025

Taipei [Taiwan], July 16 (ANI): Taiwan’s financial exposure to China fell sharply by the end of May...