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Central bank keeps rates on hold to support economic recovery

Finance

08 October, 2021

Central bank keeps rates on hold to support economic recovery

The Reserve Bank of India's monetary policy committee kept interest rates steady at record lows on Friday, as widely expected,...

India recovery not yet at point for pulling back liquidity: Finance minister

Economy

12 August, 2021

India recovery not yet at point for pulling back liquidity: Finance minister

Indian economy has not reached the level where the central bank can begin pulling back liquidity as Asia's third-largest economy...

Nifty, Sensex close 3% higher for the week

Markets

06 August, 2021

Nifty, Sensex close 3% higher for the week

Indian shares inched up slightly after the country's central bank kept interest rates unchanged as expected, while traders...

Central bank keeps rates steady at record lows, raises inflation forecast

Finance

06 August, 2021

Central bank keeps rates steady at record lows, raises inflation forecast

The Reserve Bank of India's monetary policy committee kept interest rates steady at record lows on Friday, as widely predicted,...

Banks get extra time to comply with revised current account rules

Finance

04 August, 2021

Banks get extra time to comply with revised current account rules

The Reserve Bank of India said it will give banks an extra three months until Oct. 31 to implement revised ......

Central bank looking at phased launch of its own digital currency

Finance

23 July, 2021

Central bank looking at phased launch of its own digital currency

The Reserve Bank of India is considering a phased introduction of its own central bank digital currency (CBDC), deputy governor...

Mumbai NBFC Authum gets lenders nod to buy Reliance Commercial Finance

Finance

15 July, 2021

Mumbai NBFC Authum gets lenders nod to buy Reliance Commercial Finance

Authum Investment and Infrastructure Ltd will acquire second Anil Ambani group firm Reliance Commercial Finance after lenders...

Near-term prospects for Indian economy bright: RBI bulletin

Economy

15 July, 2021

Near-term prospects for Indian economy bright: RBI bulletin

A gradual decline in India's second wave of COVID-19 infections and an aggressive vaccination push have brightened the near-term...

India bans Mastercard from issuing new cards in data storage row

Finance

14 July, 2021

India bans Mastercard from issuing new cards in data storage row

The Reserve Bank of India on Wednesday indefinitely barred Mastercard Inc from issuing new debit, credit or prepaid cards to ......

Premium
Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz

TMT

08 July, 2021

Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz

Lenders to Reliance Communications Ltd (RCom) are considering restarting the bidding process for the company's telecom business,...

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