RBI
Finance
RBI gives small borrowers debt relief as COVID-19 cases spike
India's central bank asked banks on Wednesday to let certain borrowers have more time to repay loans, among other support...
Markets
Banks, pharma lift Indian shares after RBI unveils relief measures
Indian shares opened higher on Wednesday, led by heavyweight financials, as market participants waited for an unscheduled address...
Finance
RBI limits single term of bank CEOs, managing directors to 15 years
The Reserve Bank of India said on Monday chief executive officers and managing directors at Indian private-sector banks will be...
Finance
Central bank sets up committee to review ARCs' role
The central bank has set up a six-member committee to review the working and business models of asset reconstruction companies...
Economy
Rupee loses 1.5% in biggest single-day fall for 20 months
The Indian rupee lost 1.5% on Wednesday, suffering its biggest single-day fall in 20 months as the central bank mapped ......
Finance
India holds rates at record lows amid COVID surge; RBI commits to govt bond purchases
The Reserve Bank of India (RBI) kept interest rates steady at record lows on Wednesday, as widely expected, amid concerns ......
Markets
Indian shares rise 1% after central bank keeps rates steady
Indian shares inched higher on Wednesday, ahead of a central bank decision that could leave interest rates at record lows, ......
Economy
Economy's revival seen unabated despite infection surge: Shaktikanta Das
India's revival of economic activity is expected to be "unabated", despite a rise in coronavirus infections in many...
Finance
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...
TMT
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,...
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