Reserve Bank of India
Finance
Govt plans to more than double the cap on foreign investment in state-run banks
India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, ......
Finance
Unsettled by $17-bn foreign outflows, govt races to reform financial sector
Rattled by nearly $17 billion in foreign outflows this year, India is doubling down on financial sector reforms in a push to ......
Finance
RBI tweaks rules for small business loans, loans against gold
The Reserve Bank of India (RBI) tweaked rules for small business loans, allowing the spread charged for the credit risk ......
Economy
Govt appoints Shirish Chandra Murmu as RBI deputy governor
The government has appointed Shirish Chandra Murmu as a deputy governor of the Reserve Bank of India, according to a ......
Markets
RBI, SEBI plan quicker entry processes for foreign investors
The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) are in advanced discussions to ......
Finance
Aavishkaar Group mulls sale of arm amid regulatory setbacks, stalled IPO
Mumbai-based Aavishkaar Group is exploring a strategic sale of its key lending arm, as plans for an initial public offering ......
Economy
India considers easing bank ownership rules as foreign interest grows
The Reserve Bank of India is signaling possible rule changes ahead that would let foreigners own more of India's banks, ......
Finance
RBI gives nod to Burman family for raising stake in Religare
The Reserve Bank of India (RBI) approved billionaire Burman family's plan to buy more shares in financial services provider Religare ......
People
Revenue secretary Sanjay Malhotra to replace Das as RBI governor
India appointed career civil servant Sanjay Malhotra as its new central bank governor on Monday in a surprise move that ......
Finance
RBI issues operational framework for reclassification of FPI to FDI
India's central bank on Monday released an operational framework for reclassifying equity investments made by foreign portfolio investors (FPI) that ......
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