Mumbai (Maharashtra) [India], December 23 (ANI): The Reserve Bank of India's (RBI's) recent draft circular on declaration of dividends by non-banking financial companies (NBFCs) will have a neutral-to-positive impact on government-owned NBFCs, India Ratings and Research (Ind-Ra) said on Wedn
New Delhi [India], December 22 (ANI): The Supreme Court has issued a notice on the Reserve Bank of India's plea seeking to transfer all cases related to the merger of Lakshmi Vilas Bank (LVB) with DBS Bank India pending before various High Courts to one location.
Mumbai (Maharashtra) [India], December 18 (ANI): The Reserve Bank of India (RBI) has decided to conduct another purchase auction of state developments loans (SDLs) under open market operations (OMOs) for an aggregate amount of Rs 10,000 crore on December 23.
New Delhi [India], December 16 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said financial inclusion in the country is poised to grow exponentially with digital-savvy millennials joining the workforce, social media blurring the urban-rural divide and technology sh
Mumbai (Maharashtra) [India], December 13 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday said Real Time Gross Settlement (RTGS) facility in the country will become operational from 12.30 am on Monday (December 14).
Pune (Maharashtra) [India], December 11 (ANI/BusinessWire India): Fixed deposit investors have reason to cheer after the recent Monetary Policy Committee meeting, as a key decision made was to maintain status quo on the RBI's repo rate.
Mumbai (Maharashtra) [India], December 8 (ANI/NewsVoir): Philanthropist and billionaire businessman Prashant Karulkar felicitated seven organisations as the 'Champion of Champions' in Indian industry at the 59th Annual ABCI Awards in Mumbai on Friday.
Singapore, December 8 (ANI): Fitch Solutions has maintained that the Reserve Bank of India (RBI) will lower its policy repurchase (repo) rate by another 50 basis points by the end of FY22 (April 2021 to March 2022) with forecasts specifically looking at 25 basis points at the last FY21 polic
Singapore, December 7 (ANI): Moody's Investors Service said on Monday that HDFC Bank's multiple outages in its internet banking, mobile banking and payment utility services over the past two years are credit negative.
New Delhi [India], December 5 (ANI): The Delhi High Court on Friday passed a detailed judgement which clarified Regulation 6 and 9 of the RBI FEMA Regulations 2004 while disposing of Jindal Steel and Power Ltd petition and upholds transfer of money by it to a foreign subsidiary.
Mumbai (Maharashtra) [India], Dec 4 (ANI): Equity benchmark indices closed 1 per cent higher on Friday as the Reserve Bank of India (RBI) kept key interest rates unchanged and upped its growth forecast to minus 7.5 per cent during FY21 from minus 9.5 per cent in the October review.
Mumbai (Maharashtra) [India], December 4 (ANI): Retail inflation is likely to remain elevated with the Reserve Bank of India on Friday pegging it at 6.8 per cent in the third quarter (October to December) of current fiscal year (2020-21).