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RBI restricting banks from raising stakes in insurance firms

Finance

02 March, 2021

RBI restricting banks from raising stakes in insurance firms

India's central bank wants banks to limit ownership stakes in capital intensive insurance companies at a maximum 20%, less...

RBI has major concerns over cryptocurrencies: Governor Shaktikanta Das

TMT

24 February, 2021

RBI has major concerns over cryptocurrencies: Governor Shaktikanta Das

The Reserve Bank of India (RBI) has "major concerns" about cryptocurrencies, Governor Shaktikanta Das said on Wednesday,...

Central bank okays Piramal takeover of DHFL

Finance

18 February, 2021

Central bank okays Piramal takeover of DHFL

The Piramal Group has received the greenlight from the Reserve Bank of India to acquire Dewan Housing Finance Corporation Ltd...

RBI tightens investment rules for shadow banks from FATF non-compliant jurisdictions

Finance

15 February, 2021

RBI tightens investment rules for shadow banks from FATF non-compliant jurisdictions

India's central bank said on Friday new investors who operate from jurisdictions not in compliance with the Financial Action...

Indian shares end higher to clock best week since April; RBI holds rates

Markets

05 February, 2021

Indian shares end higher to clock best week since April; RBI holds rates

Indian shares hit all-time highs on Friday, ahead of a central bank decision that could potentially leave interest rates at ......

India proposes law to ban cryptocurrencies, create official digital currency

TMT

01 February, 2021

India proposes law to ban cryptocurrencies, create official digital currency

India plans to introduce a law to ban private cryptocurrencies such as bitcoin and put in place a framework for ......

Investors, startups want Budget 2021 to ease the flow of rupee capital into the ecosystem

TMT

28 January, 2021

Investors, startups want Budget 2021 to ease the flow of rupee capital into the ecosystem

Unlocking new sources of investments into the startup ecosystem and a more friendly tax regime towards the benefit of both ......

Central bank urges a tiered approach to regulating shadow banks

Finance

22 January, 2021

Central bank urges a tiered approach to regulating shadow banks

The central bank has proposed a tighter regulatory framework to harmonise classification of bad loans of non-banking financial...

RBI constitutes working group to assess risks from unregulated digital lenders

TMT

13 January, 2021

RBI constitutes working group to assess risks from unregulated digital lenders

The Reserve Bank of India (RBI) on Wednesday announced the formation of a working group to assess the risks posed ......

Indian lenders' bad loans may rise significantly: Financial stability report

Finance

11 January, 2021

Indian lenders' bad loans may rise significantly: Financial stability report

Indian banks may see bad loans double despite signs of an improvement in the economic impact of the COVID-19 pandemic, ......

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