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RBI opposes idea of independent payments regulator, issues dissent note
Updated : 7 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 20 (ANI): The Reserve Bank of India (RBI) has released a dissent note on the Inter-Ministerial Committee for finalisation of amendments to the Payment and Settlement Systems (PSS) Act, 2007, and opposed the idea of forming an independent body to regulate pay
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RBI eases liquidity norms for banks
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 19 (ANI): The Reserve Bank of India (RBI) on Friday increased lenders' single borrower exposure limit for Non-Banking Financial Companies (NBFCs) which do not finance infrastructure, to 15 per cent of capital funds.
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'Bankruptcy code will help deepen corporate bond market'
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 07 (ANI): A recent study has noted that India's corporate bond market, which contributes 17 per cent to the country's Gross Domestic Product(GDP) and is highly concentrated in the AAA rated bonds, is expected to change once the Insolvency and Bankruptcy Code (IBC) brin
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RBI proposes VRR to attract long-term investment
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 06 (ANI): The Reserve Bank of India, alongside the announcement of the bi-monthly monetary policy statement, proposed the introduction of a Voluntary Retention Route (VRR) to encourage Foreign Portfolio Investors (FPIs) willing to undertake long-term investm
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Closing Bell: Sensex tanks 792.17pts
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 05 (ANI): Market indices continued to extend losses in closing trade on Friday, following the announcement of the Reserve Bank of India's (RBI) bi-monthly monetary policy.
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RBI keeps repo rate, reverse repo rate unchanged
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 05 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent and 6.25 per cent, respectively.
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Market indices continue to plunge, all eyes on monetary policy
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 05 (ANI): With all eyes on the Reserve Bank of India's (RBI) bi-monthly monetary policy, market indices continued to plunge on Friday afternoon.
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RBI repo rate likely to hiked
Updated : 7 years, 5 months ago IST
Mumbai [Maharashtra], Oct 3 (ANI): Market and financial experts are expecting a 25 basis point hike in the Reserve Bank of India's (RBI) repo rate.
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Bajaj Finserv RBL Bank world plus supercard rewards its jet-setting custom
Updated : 7 years, 5 months ago IST
Pune [India], Oct 3 (ANI-BusinessWireIndia): Bajaj Finance has announced offering of exciting benefits to their Bajaj Finserv RBL Bank Credit Card customers.
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Write-offs don't lead to waivers, claims Jaitley
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 1 (ANI): Hours after Congress president Rahul Gandhi targeted the government for waiving off debts of "crony capitalists", Finance Minister Arun Jaitley in his blog post on Monday stated that write-offs by banks are not counted as loan waivers and are done as per the R
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Get instant discounts on Flipkart with Bajaj Finserv RBL Bank SuperCard
Updated : 7 years, 5 months ago IST
Pune (Maharashtra) [India], Sep 27 (ANI-BusinessWireIndia): Bajaj Finance Ltd., the lending arm of Bajaj Finserv, is offering incredible discounts on transactions made on Flipkart through Bajaj Finserv RBL Bank SuperCard.
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Yes Bank pitches for extension of Rana Kapoor's term
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 26 (ANI): As the shares of Yes Bank continue to decline, the Board of Directors have sought an extension of incumbent founder and CEO Rana Kapoor's term in office.
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