RBI
Finance
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...
Finance
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...
Markets
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 ......
TMT
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 ......
TMT
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 ......
Finance
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...
TMT
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 ......
Finance
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, ......
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 ......
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