IPO is set to be launched in the next six to nine months.
Central bank deputy governor says economy and banking system can withstand substantial drop in house prices.
State Bank of India in second group of foreign lenders allowed to operate in the country.
Regulator to introduce raft of changes including launch of options contracts, confirming budget announcement.
Chief economist Shane Worner says imbalanced geographical distribution, not quantity, the most pressing issue.
RBI-regulated joint venture includes nine Indian banks; to host data onshore.
Only non-bank finance companies will be able to provide service restricted to ‘regulated’ assets
Chief executive says investors’ ability to exit bad companies more important, warns on shell companies.
Report also includes in-depth analysis of bond liquidity, collateral and cyber threats.
Finance minister Arun Jaitley says products will help deepen markets.