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Indian markets open flat, experts raise concern on overvaluation of small,
Updated : 1 year, 10 months ago IST
Indian markets opened flat on Thursday with the Nifty index starting at 22,614 points and the Sensex at 74,253 points.
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RBI, SEBI, home ministry meet TRAI officials to discuss how to check misus
Updated : 1 year, 10 months ago IST
The Telecom Regulatory Authority of India convened a meeting of Joint Committee of Regulators (JCoR) on Wednesday at TRAI headquarters in Delhi.
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RBI approves dividend of Rs 2.11 lakh crore to government for FY24
Updated : 1 year, 10 months ago IST
The Reserve Bank of India (RBI) board approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year 2023-24.
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India to emerge as an economic superpower amid looming global economic lan
Updated : 1 year, 10 months ago IST
The digital revolution in India is another sector where the country has taken the lead, many countries have adopted India's UPI for financial transactions
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Citing lack of stability, RBI cautions retail investors against investing
Updated : 1 year, 10 months ago IST
RBI yet again urged retail investors to be more cautious while investing in cryptocurrencies, and noted that the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.
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India is on the cusp of a long-awaited economic takeoff: RBI
Updated : 1 year, 10 months ago IST
Reserve Bank of India stated, "Internationally there is a growing optimism that India is on the cusp of a long-awaited economic takeoff."
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"It's a moment of pride to participate in an election of 140 crore people,
Updated : 1 year, 10 months ago IST
RBI Governor Shaktikanta Das casts his vote with family in the ongoing fifth phase of voting in Mumbai. The Governor arrived with his wife at the polling station at Activity School, Peddar Road, Mumbai.
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India's foreign exchange reserves rose USD 2.6 billion in latest week
Updated : 1 year, 10 months ago IST
The country's foreign exchange reserves had hit an all-time high of USD 648.562 billion recently.
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SC issues notice on guidelines for Digital KYC process for acid attack sur
Updated : 1 year, 10 months ago IST
A bench led by Chief Justice of India DY Chandrachud and also comprising justices JB Pardiwala and Manoj Misra said that it will take up the matter in July.
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RBI holds conference for heads of assurance functions at Urban Co-operativ
Updated : 1 year, 10 months ago IST
According to RBI press release, this conference, attended by about 300 participants representing more than 120 UCBs, focused on enhancing the resilience of the financial system through effective assurance functions.
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RBI warns NBFCs: Avoid algorithm-based credit
Updated : 1 year, 10 months ago IST
Addressing a conference of heads of assurance of NBFCs held in Mumbai, Swaminathan J, Deputy Governor, RBI said that many NBFCs are increasingly turning to rule-based credit engines to accelerate the growth of their lending portfolios. He added with concern that while automation can enhance
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RBI's red flag on non-bank lenders raises volatility, Fitch says
Updated : 1 year, 10 months ago IST
The RBI recently clarified that NBFIs should comply with existing regulatory caps on disbursal of loans in cash to below Rs 20,000 (around USD 240). This compares to a higher Rs 200,000 cap on general cash transactions for individuals, which some lenders, the rating agency said, had adopted
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