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What the SC order on stressed assets means for ARCs, PE funds, strategic buyers

Economy

04 April, 2019

What the SC order on stressed assets means for ARCs, PE funds, strategic buyers

The Supreme Court (SC) order quashing the central bank’s framework on bad loans may give more shopping time to investors,...

Economy

04 April, 2019

After SC order, RBI to issue fresh circular on bad debt resolution

The Reserve Bank of India (RBI) said on Thursday it would issue a revised circular on the resolution of stressed ......

Economy

04 April, 2019

RBI cuts repo rate by 25 basis points to 6%

The Reserve Bank of India (RBI) cut its benchmark interest rate by 25 basis points on Thursday, in a widely ......

Finance

01 April, 2019

RBI tweaks bad loans divergence norms

The Reserve Bank of India (RBI) said on Monday banks should disclose bad loan divergences if the additional provisioning has ......

Economy

18 March, 2019

Rupee at seven-month high, further gains on the cards

The Indian rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows while ......

Economy

18 February, 2019

RBI to transfer interim surplus of nearly $4 bn to govt

The Reserve Bank of India (RBI) on Monday decided to transfer an interim surplus of 280 billion rupees ($3.92 billion) ......

Finance

14 February, 2019

Yes Bank shares surge 30% as RBI gives clean chit on divergences

Yes Bank Ltd's shares surged 30 percent early on Thursday in their sharpest ever intraday jump, a day after the ......

Economy

08 February, 2019

RBI to cut rates again before general elections: Poll

The Reserve Bank of India (RBI) is expected to cut interest rates again next quarter, according to a Reuters poll ......

Finance

07 February, 2019

RBI allows bidders for stressed assets to borrow overseas

The Reserve Bank of India (RBI) on Thursday allowed access to overseas or external commercial borrowings (ECBs) for the bankruptcy...

Economy

07 February, 2019

RBI cuts repo rate in first policy review under new governor

India’s central bank on Thursday unexpectedly lowered interest rates and shifted its stance to “neutral” from...

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