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RBI imposes ₹68 lakh penalty on two banks

(adsbygoogle = window.adsbygoogle || ).push({}); The Reserve Bank on Friday said it has imposed penalties totalling ₹68.1 lakh on two...

20 NBFCs surrender registration certificates to RBI

(adsbygoogle = window.adsbygoogle || ).push({}); The Reserve Bank of India on Friday said 20 non-banking financial companies, including Reliance Commercial...

SEBI rejects Danny Gaekwad’s competing bid for Religare open offer

The Securities and Exchange Board of India (SEBI) has rejected an application by US-based businessman Danny Gaekwad, who had sought the regulator’s approval...

RBI supersedes New India Cooperative Bank’s board for 12 months

(adsbygoogle = window.adsbygoogle || ).push({}); A day after barring New India Cooperative Bank from accepting fresh deposits, offering loans, and...

Heavy RBI intervention helps rupee log best week in 19 months

MUMBAI (Reuters) - The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's...

RBI bars New India Co-operative Bank from offering fresh loans, deposits

(adsbygoogle = window.adsbygoogle || ).push({}); The Reserve Bank of India (RBI) today barred New India Co-operative Bank from granting or...

NBFCs seek liquidity support in first meeting with RBI Governor Malhotra

(adsbygoogle = window.adsbygoogle || ).push({}); In their first meeting with the new Reserve Bank of India (RBI) Governor Sanjay Malhotra,...

Softening CPI inflation boosts foreign banks’ bet on April RBI rate cut

(adsbygoogle = window.adsbygoogle || ).push({}); A lower-than-expected CPI inflation print in January 2025 is likely to give RBI MPC...

RBI approves Temasek’s Zulia Investments to acquire 7% stake in AU Small Finance Bank

AU Small Finance Bank announced today that the Reserve Bank of India (RBI) has approved Zulia Investments Pte. Ltd., an indirect wholly owned...

RBI lifts digital banking restrictions on Kotak Mahindra Bank 

(adsbygoogle = window.adsbygoogle || ).push({}); The Reserve Bank of India (RBI) has removed business restrictions imposed on Kotak Mahindra Bank...

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