These directions are proposed to be implemented by banks and financial institutions with effect from April 1, 2027 — a ...

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Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world’s most ...

India's central bank on Friday proposed linking corporate foreign borrowing limits to financial strength and scrapping cost ...

India's central bank on Wednesday proposed steps to boost the Indian rupee’s , global use, including allowing local banks to ...