Business September 7, 2026 at 10:13 AM

C. Rangarajan flags fewer regional rural banks as ‘a step in the wrong direction’; urges RBI to incentivise SFBs

The Hindu Business

Former RBI Governor says consolidation risks eroding RRBs’ local character; says 11 small finance banks will not meet the sector’s unmet credit needs

The Ministry said the move follows a ‘considerable reduction’ in refill backlogs

Gold prices fell 0.7% today as positive US jobs data increased rate hike expectations. While geopolitical tensions and h…

Indian stock markets fell on September 7, driven by rising crude oil prices and strong US job growth, affecting investor…

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