RBI introduces prompt corrective action framework for NBFCs

Mumbai (India), December 14 (ANI): The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action...

LIC gets RBI approval to raise holding in IndusInd Bank to 9.99%

Mumbai (India), December 10 (ANI): The country's largest insurer Life Insurance Corporation of India (LIC) has got...

Real estate industry lauds RBI's move to maintain status quo...

New Delhi [India], December 9 (ANI): The estate industry lauded the Reserve Bank of India's (RBI) decision to...

Bank unions stage dharna outside RBI office in Kerala against...

Thiruvananthapuram (Kerala) [India], December 8 (ANI): Bank unions staged a dharna outside the Reserve Bank of India...

RBI pegs GDP growth at 9.5%, inflation at 5.3% for 2021-22

Mumbai [India], December 8 (ANI): India's Gross Domestic Product (GDP) is expected to grow by 9.5 per cent and...

RBI keeps policy rates unchanged for 9th consecutive time

Mumbai [India], December 8 (ANI): Amid growing concern about the impact of the new strain of Coronavirus on the...

RBI keeps interest rates untouched, continues accommodative stance

New Delhi [India], December 8 (ANI): The Reserve Bank of India (RBI) maintained a status quo on key rates,...

Equity benchmark indices close in green; Sensex up by 886...

Mumbai (Maharashtra) [India], December 7 (ANI): Ahead of the Reserve Bank of India's (RBI) Monetary Policy Committee...

RBI may keep policy rates steady amid Omicron scare

New Delhi (India), December 7 (ANI): The Reserve Bank of India (RBI) is expected to maintain a status quo on key...

Proposed bill on cryptocurrency evokes wide interest,...

New Delhi [India], December 4 (ANI): The bill concerning cryptocurrency is among the most keenly awaited new bills...

Reliance Capital welcomes RBI's decision, blames complexity...

New Delhi [India], November 30 (ANI): Reliance Capital Limited welcomed the Reserve Bank of India's (RBI) decision...

RBI imposes Rs 1 crore penalty on Union Bank of India for...

New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore...