RBI
Finance
RBI pushing more loan defaulters towards bankruptcy court
The Reserve Bank of India (RBI) has asked banks to send at least 20 companies that defaulted on their debts ......
Economy
RBI cuts repo rate to near seven-year low
The Reserve Bank of India cut its main policy rate on Wednesday by a quarter percentage point to a more ......
Opinion
What the Gujarat High Court's order on Essar Steel-RBI tussle means
The Gujarat High Court has made its observations on several intriguing issues concerning the Insolvency and Bankruptcy Code, 2016, while ......
TMT
Paytm seeks licence to offer money market fund: Report
Soon after launching its payments bank, digital wallet firm Paytm has applied for a licence with the Reserve Bank of ......
Finance
RBI to ask banks to begin bankruptcy process against 12 top defaulters
The Reserve Bank of India (RBI) said on Tuesday it has identified 12 of the largest loan defaulters and will ......
Finance
RBI keeps interest rates on hold, lowers inflation projection
The Reserve Bank of India (RBI) kept its key interest rate unchanged at 6.25 percent on Wednesday, as widely expected, ......
Finance
Will the new ordinance help banks clean up the bad-loan mess?
When a new government takes office, it usually inherits a sizeable baggage from the previous regime. Three years ago, when ......
Finance
Six months on, demonetisation blues seem a thing of the past
On 8 November 2016, Prime Minister Narendra Modi thrust a bitter pill down the nation’s throat to cure it of ......
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) ......
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