RBI
Finance
RBI sets norms for banks' investment in REITs, InvITs
The Reserve Bank of India issued guidelines on Tuesday for investments by commercial banks in Real Estate Investment Trusts (REITs) ......
Finance
Kotak Mahindra Bank to raise $825 mn for M&As, biz expansion
Kotak Mahindra Bank, India’s fourth-largest private-sector lender, plans to sell shares worth as much as $825 million (Rs 5,350 crore) ......
General
Is PM Modi's push for cashless India losing steam?
The government’s push to make Indians transact digitally appears to be losing steam. At least that’s what the latest monthly ......
General
India GDP grows 7% in Oct-Dec despite note ban woes
India’s economy unexpectedly grew 7% in the October-December quarter of 2016, indicating that the impact of the shock ban on ......
General
Reticent Patel flummox markets, businesses
MUMBAI (Reuters) - Denny Jose, a small-town caterer in Kerala, was closely watching the RBI meeting last week.Newspapers and markets ......
General
Note ban woes drag retail inflation to five-year low in January
India's inflation cooled to its lowest in at least five years in January as food prices fell following the government's ......
General
RBI to remove all cash withdrawal limits from March 13
The Reserve Bank of India (RBI) said it would remove the cash withdrawal limit from automated teller machines (ATMs) and ......
General
RBI keeps rates on hold, cuts growth forecast again on note ban
The Reserve Bank of India kept its main lending rate unchanged on Wednesday and hinted any further reduction was unlikely ......
General
RBI monetary policy: Will the central bank again spring a surprise?
As the Reserve Bank of India’s monetary policy committee begins its first rate-setting meeting of 2017 on Tuesday, the question ......
General
How mobile wallets led digital transactions higher in December
Digital payment transactions, particularly via mobile wallets, picked up pace in December as a cash crunch after the government’s shock ......
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