India's central bank published final rules for co-lending arrangements between banks and non-bank financial firms on ...

In India, meanwhile, there’s plenty to talk about. Today’s newsletter looks at Flipkart’s likely entry into consumer lending, but first, a blockbuster move by the Reserve Bank of India.

India's GDP growth is seen slowing to a 4-yr low this financial year. India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third ...

But the central bank also slashed its GDP forecast for the 2024-25 financial year to 6.6 per cent from 7.2 per cent.

Kotak Mahindra Bank, India's third-largest private lender by market value, last week flagged rising defaults in its retail commercial vehicle loan book, prompting it to tighten the lending criteria.