Faced with RBI audit, IIFL Finance delays earnings release

In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning,...

RBI’s red flag on non-bank lenders raises volatility, Fitch says

The RBI recently clarified that NBFIs should comply with existing regulatory caps on disbursal of loans in cash to...

India’s forex reserves decline for third consecutive week

India's foreign exchange reserves declined for the third week, after having risen for the seventh straight week to...

India’s forex exchange reserves at over two-year high

The foreign exchange kitty rose for a third straight week to hit an over two-year high.

No gold shifted outside India in 2014 or thereafter, says RBI

Mumbai [India], May 3 (ANI): The Reserve Bank of India (RBI) on Friday denied media reports that it had shifted part...

India's forex reserves hit life-time high

New Delhi [India], Apr. 07 (ANI): India's foreign exchange reserves hit a life-time high of 424.361 billion US...

Forex reserves soar by $3bn to $417.789bn

New Delhi [India], Feb 3 (ANI): Foreign exchange reserves saw a USD three billion surge to USD 417.789 billion in...

Govt incentives digital purchase of gold bonds

New Delhi [India], Nov 25 (ANI): In a bid to fuel the digitisation drive, the Government of India in consultation...

Govt incentivises online purchase, payment of Gold Bonds

New Delhi [India], Oct. 21 (ANI): In a bid to fuel the ongoing digitisation drive, the Government of India in...