RBI
Markets
Sensex drops 0.77% as RBI rate cut sparks growth concerns
Indian shares ended lower on Wednesday, after the country’s central bank announced an unconventional 35 basis-point cut...
Economy
RBI makes deeper-than-expected cut in interest rates to speed up growth
The Reserve Bank of India cut interest rates by an unconventional 35 basis points slightly above expectations on Wednesday, its...
Markets
Sensex ends higher ahead of RBI policy outcome
Indian shares closed higher on Tuesday ahead of the central bank’s monetary policy decision, with banking and financial...
Finance
RBI eases external commercial borrowing norms for companies, NBFCs
The Reserve Bank of India on Tuesday relaxed norms on end-use of funds raised via external commercial borrowings, making it ......
Finance
Allahabad Bank reports $259 mn alleged fraud by Bhushan Power & Steel
India's Allahabad Bank on Saturday became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker...
Finance
Dewan Housing Finance says facing substantial stress, may not survive
One of India’s biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL), warned on Saturday that its financial...
Economy
Govt considers granting RBI more powers to regulate NBFCs
The Indian government is considering giving more powers to the central bank to regulate the struggling shadow banking sector,...
Finance
RBI expects banks' bad loans to decline by March 2020
India’s central bank on Thursday said the proportion of commercial lenders’ non-performing assets (NPAs) may fall...
Finance
RBI says foreign firms can process transactions abroad, but must store data in India
Foreign payment firms such as Mastercard and Visa can process transactions made in India outside of the country but the ......
Finance
RBI panel suggests floating $720 mn stressed asset fund for small businesses
A Reserve Bank of India (RBI) committee has suggested a Rs 5,000 crore (about $720 million at current exchange rate) ......
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News