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RBI issues final guidelines on project finance; new norms effective from O
Updated : 9 months, 1 week ago IST
The Reserve Bank of India (RBI) on Wednesday issued the final Reserve Bank of India (Project Finance) Directions, 2025 which lays down the comprehensive framework for income recognition, asset classification, and provisioning norms for project loans under implementation.
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Glenn Hanson Joins Raveum Board, Empowering Indian Investors to Co-Own U.S
Updated : 9 months, 1 week ago IST
Austin (Texas) [USA], June 19: In a decisive step toward democratizing global wealth, Raveum, India's first RBI, FEMA, and U.S. SEC-compliant platform for co-investing in institutional-grade U.S. real estate, has welcomed Glenn Hanson, Founder and CEO of Colony Hills Capital, to its Board of
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RBI's Cash Reserve Ratio cut to boost credit growth by 1.4 to 1.5 per cent
Updated : 9 months, 1 week ago IST
The recent cut in the Cash Reserve Ratio (CRR) during the monetary policy announcement by the Reserve Bank of India is expected to create room for additional credit growth of 1.4-1.5 per cent, according to a report by the State Bank of India (SBI).
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KredX's TReDS Platform - DTX and SBI Forge Partnership to Boost Digital Su
Updated : 9 months, 1 week ago IST
Bengaluru (Karnataka) [India], June 18: KredX, India's leading integrated cash flow and supply chain finance platform, has announced a strategic partnership with the State Bank of India (SBI). This collaboration aims to expand access to digital trade receivable discounting through its RBI-li
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RBI announces reissue of Govt securities worth Rs 27000 crore in two tranc
Updated : 9 months, 1 week ago IST
The Centre has announced the sale (re-issue) of government securities totalling Rs 27,000 crore
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"Misused his power": Congress MP Kiran Kumar Reddy slams KTR over Formula
Updated : 9 months, 1 week ago IST
Speaking to ANI on KTR's remarks on the ongoing probe, Kiran Kumar Reddy said, "Today, KTR is facing an ACB inquiry because he misused his power. Despite the enforcement of the election code, he transferred Rs 44 crore for the Formula E race while serving as the municipal minister. The trans
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TRAI launches pilot project for Digital Consent Management, aiming to curb
Updated : 9 months, 1 week ago IST
Having observed that a large number of spam complaints are made by the customers against the business entities from whom the consumers have earlier purchased goods or services, TRAI has launched a pilot project for Digital Consent Management in partnership with RBI and banks.
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Domestic sales of vehicles held steady for May 2025, says SIAM
Updated : 9 months, 1 week ago IST
All vehicle segments in the month of May 2025, posted a stable performance, according to a recent report by the society of Indian Automobile Manufacturers.
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RBI likely to further ease rates after a brief pause as second half of FY2
Updated : 9 months, 1 week ago IST
The Reserve Bank of India (RBI) is likely to ease interest rates further after a brief pause as the country may require additional liquidity injection in the second half of the financial year 2025-26 (H2 FY26), according to a report titled Ionic Wealth by Angel One.
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Foreign investors infuse Rs 3,346.94 cr in Indian markets this week, but J
Updated : 9 months, 1 week ago IST
Foreign portfolio investors (FPIs) pumped Rs 3,346.94 crore into Indian stock markets this week, boosted by positive sentiment after the Reserve Bank of India (RBI) announced a rate cut, according to data from the National Securities Depository Limited (NSDL).
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India's forex reserves just shy of record high after $5.2 billion jump las
Updated : 9 months, 2 weeks ago IST
India's foreign exchange reserves (forex) jumped USD 5.171 billion to USD 696.656 billion in the week ending June 6, official data released by the Reserve Bank of India showed on Friday.
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India's retail inflation in Q1FY26 (April-June) likely to fall below RBI f
Updated : 9 months, 2 weeks ago IST
India's retail inflation in the first quarter of FY26 is expected to undershoot the Reserve Bank of India's (RBI) forecast of 2.9 per cent, according to a recent report by Bank of Baroda (BoB).
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