RBI Deputy Governor warns of decreased savings due to BNPL and credit card usage. These trends challenge monetary policy.

The “buy now, pay later” (BNPL) schemes and the credit card spending facilitate immediate consumption and reduce the savings of the younger generations, said Michael Debabrata Patra, Deputy Governor, ...

India's cooperative banks' asset quality reflects regional economic realities. While some banks, particularly in less ...

On Sunday, the Atlanta Braves signed outfielder Bryan De La Cruz to a one-year, non-guaranteed contract. The right-handed ...

Individual lenders have approached the central bank to ease the proposed LCR guidelines that require them to mandatorily ...

The wholesale price index (WPI) inflation for November 2024 eased from 2.36% to 1.89%. In a sense, the WPI inflation has also ...

The government feels the slowdown is temporary but what should worry the new RBI governor more is the evolving stagflationary ...

With the MLB Winter Meetings concluded, the Boston Red Sox continue their search for another star player to bolster their ...

Emphasising a collaborative approach, Malhotra expressed his commitment to team-based and participative decision-making and ...

Reserve Bank Governor Sanjay Malhotra on Monday exhorted colleagues to “strive for perfection” and support the realisation of ...

The Mets signed infielder Jared Young to a one-year MLB contract Monday. Young, 29, split the 2024 season with the St. Louis Cardinals' Triple-A Memphis Redbirds and KBO's Doosan Bears. In 38 games ...

Total recoveries from write-offs were only 18.70 per cent at Rs 1,85,241 crore in the last five years, according to the ...