RBI
Markets
Sensex closes above 45,000 level as RBI raises GDP target
India's benchmark stock index clawed back some losses to close above 45,000 points for the first time ever on Friday, ......
Finance
RBI nixes Muthoot Finance's plan to buy IDBI Mutual Fund
The Reserve Bank of India (RBI) has nixed Muthoot Finance Ltd’s plans to enter into the mutual fund business by ......
Finance
S&P skeptical of allowing corporates into Indian banking
S&P Global Ratings said on Monday the recommendation by a committee of the Indian central bank to allow large industrial ......
General
Grapevine: RBI says finance firms can't set up with cash from Mauritius, similar places
The Reserve Bank of India (RBI), in a letter to the industry body for venture capital and private equity funds, ......
Finance
RBI names panel to run Lakshmi Vilas Bank after shareholders reject board reappointments
The central bank on Sunday announced a panel that would oversee operations of old private-sector lender Lakshmi Vilas Bank a ......
General
Grapevine: PAG eyes Edelweiss units; GVK works to ward off hostile takeover of MIAL
Pacific Alliance Group (PAG), the world’s largest Asia-focused alternative asset management company, is looking to acquire...
Manufacturing
Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last
Shree Renuka Sugars, one of the top three sugar makers in India that has been working to shed its non-performing ......
Insights Focus
The impact of COVID-19 on new and existing stressed assets: Navigating the challenges
COVID 19 and consequent lockdowns have caused economic disruptions across the world, on account of disrupted supply chains and...
Markets
Sensex, Nifty fall as RBI report drags banks; IT stocks cap losses
Indian shares inched lower on Monday, dragged by heavyweight banking stocks after a central bank report forecast a potential jump...
Finance
Max Financial and Axis Bank agree to tweak insurance deal as regulator turns up heat
Max Financial Services and Axis Bank have agreed to make changes to the value-creation options in their proposed life insurance...
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