By Teji Mandi
The market is continuously defying the bears. An eminent crash is now looking like a distant possibility (Though a healthy correction is ...Read More
By Ajit Ranade
India's forex reserves have crossed half a trillion dollars, a historic milestone achieved by the pandemic-caused global recession and de...Read More
Unconventional times call for unconventional solutions and experiments.
The Reserve Bank on Friday announced the creation of a Payments Infrastructure Development Fund with an initial contribution of Rs 250 c...Read More
Nine NBFCs, including Reliance Net and Nischaya Finvest Private Limited, have surrendered their certificate of registration, the Reserve ...Read More
Reserve Bank of India Governor Shaktikanta Das in an exclusive interview with T. Bijoy Idicheriah and Kalyan Ram from Cogencis says, the ...Read More
By Staff Reporter
With a clear aim to increase liquidity and credit flow, the Reserve Bank of India (RBI) announced a slew of regulatory measures. This was...Read More
Reserve Bank of India (RBI) has announced a special refinancing package to NABARD, SIDBI and NHB worth Rs 50,000 crore. During the media ...Read More
By Tina Khatri
Reserve Bank of India has given a small relief in the form of ‘RBI Relief Package’, which can help the common man.
By Pramod Chunchuwar
Chavan has written a letter to Chief Minister Uddhav Thackeray requesting him to write to the Central government to press this demand.
SBI said its shareholding in Yes Bank will remain within 49% of the paid up capital of the private lender and following the fund infusion...Read More
As per media reports, BSR & Co, a KPMG affiliate, is under Reserve Bank of India’s (RBI) scanner right now.
Even if STFC (Shriram Transport Finance Co) is required to make provision for 100% credit loss on this exposure, it will not materially a...Read More
The announcement comes as panic gripped the bank's customers, who queued before ATMs and bank branches to withdraw money.
Another bank, another bail-out. And yet no hope of cleansing of the banking sector. So deep-rooted is the rot in the country’s financial ...Read More
Allaying concerns raised by many after Yes Bank fiasco, the Reserve Bank on Sunday reiterated that depositors' money is safe and it is cl...Read More
By Jescilia Karayamparambil
Without mincing words, Harsh Roongta, a financial adviser and former banker, said, “We are hoping this is the last (fiasco) one in the fi...Read More
By FPJ Web Desk
FM said that YesBank lent money to some of the very stressed corporations like Anil Ambani Group, Essel, Dewan Housing Finance Corporatio...Read More
Inside the branch, customers were waiting with tokens for their turn to withdraw money and those who came in the evening were asked to c...Read More
Replying to a question on banking frauds and action taken against fraudsters, Finance Minister Nirmala Sitharaman said the government in ...Read More