RBI
Finance
RBI sets up fintech division to regulate new tech, address industry challenges
The Reserve Bank of India (RBI) has promoted its erstwhile fintech unit into its own department, marking an evolution of ......
Finance
RBI limits offline payments at Rs 200 per transaction
The Reserve Bank of India (RBI) on Monday set the upper limit for individual offline payment transactions at Rs 200 ......
Finance
Anil Ambani's Reliance Capital becomes fourth NBFC to enter for insolvency
A Mumbai bench of the insolvency court on Monday admitted a plea to initiate a resolution process against Reliance Capital ......
Economy
India's central bank to hold rates at Dec meeting, hike early next year: Reuters poll
The Reserve Bank of India will hike its reverse repo rate early next year and increase its repo rate the ......
Finance
Indian shares fall nearly 2% as IT stocks weigh, Omicron fears loom
Indian shares closed nearly 2% lower on Monday, hurt by a selloff in information technology (IT) stocks, as increasing cases ......
Economy
India's economy likely picked up in Sept quarter before Omicron spread
Data was expected to show that India's economic recovery strengthened in the July-September quarter, helped by a pick-up in...
Finance
RBI takes control of Anil Ambani-owned Reliance Capital, to push for insolvency
The Reserve Bank of India (RBI) has superseded the Board of businessman Anil Ambani-owned Reliance Capital Ltd, and will soon...
Finance
India's cental bank to adjust private bank ownership rules
India's central bank has accepted a majority of recommendations made by an internal working group on the ownership and corporate...
Economy
India's GDP likely boosted in July-Sept as lockdowns lifted: Reuters poll
India's economic recovery likely strengthened in the previous quarter, boosted by services activity that recovered after pandemic-related...
Finance
RBI committee suggests ARCs be allowed as resolution applicants with AIFs
Asset Reconstruction Companies (ARCs) will now be allowed to participate as resolution applicants in the bankruptcy and insolvency...
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