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Tag: RBI

RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
Business / News Update

Kamath to head RBI panel; Diwakar, Manoharan, IBA CEO on board

August 7, 2020 - by IANS

Mumbai:  The Reserve Bank of India (RBI) on Friday announced the constitution of an expert committee led by KV Kamath to make recommendations on a special window for Covid-related stressed …

Kamath to head RBI panel; Diwakar, Manoharan, IBA CEO on board Read More
Business / News Update

Bandhan Bank promoter sells 21% stake to meet RBI norm

August 3, 2020 - by IANS

Mumbai:  Bandhan Financial Holdings Limited has lowered its stake in Bandhan Bank by 20.95 per cent through a block deal to meet the Reserve Bank of India’s (RBI) licensing norms …

Bandhan Bank promoter sells 21% stake to meet RBI norm Read More
RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
Business / National / News Update

No nod to WhatsApp to go live on full scale UPI ops: RBI

July 31, 2020 - by IANS

New Delhi: The RBI has told the Supreme Court it has not granted permission to WhatsApp to go live for full scale operations on the Unified Payments Interface (UPI) payment system. …

No nod to WhatsApp to go live on full scale UPI ops: RBI Read More
Business / News Update

Centre in talks with RBI for loan restructuring

July 31, 2020 - by IANS

New Delhi:  As the economy goes through a severe slowdown, which is likely to impact businesses further, Finance Minister Nirmala Sitharaman on Friday said that the government’s focus is now …

Centre in talks with RBI for loan restructuring Read More
RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
Business / News Update

RBI asks ARCs to deal with buyers in line with Section 29A of IBC

July 16, 2020 - by IANS

Mumbai:  The Reserve Bank of India (RBI) on Thursday came up with a Fair Practices Code for asset reconstruction companies (ARC) wherein the central bank has asked the ARCs to …

RBI asks ARCs to deal with buyers in line with Section 29A of IBC Read More
National / News Update

RBI takes CRAs’ feedback on rating process

June 11, 2020 - by IANS

Mumbai: To strengthen the rating process, the Reserve Bank of India (RBI) garnered the credit rating agencies’ (CRAs) feedback as well as their assessment of the economy and various sectors …

RBI takes CRAs’ feedback on rating process Read More
Accelerated Recovery: RBI to maintain accommodative stance, rates
National / News Update

RBI proposes to deregulate price discovery process for sale of loans

June 8, 2020 - by IANS

New Delhi: The Reserve Bank of India (RBI) on Monday came up with a draft framework for sale of loan exposures, whereby it has proposed to deregulate the price discovery process …

RBI proposes to deregulate price discovery process for sale of loans Read More
National / News Update

Chidambaram slams govt, asks why RBI is infusing liquidity

May 23, 2020 - by IANS

New Delhi:  Former Union Finance Minister and senior Congress leader P. Chidambaram, on Saturday, slammed the central government and questioned why the Reserve Bank of India (RBI) is infusing more …

Chidambaram slams govt, asks why RBI is infusing liquidity Read More
Business / News Update

Sensex trades flat after gap-down opening

May 22, 2020 - by IANS

Mumbai: The BSE Sensex pared losses to trade on a flat note after opening 110 points lower on Friday. The domestic indices opened on a negative note tracking weakness in the …

Sensex trades flat after gap-down opening Read More
RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
Business / National / News Update

RBI writes off over Rs 68K cr. loans, Choksi among 50 top wilful defaulters: RTI

April 27, 2020 - by IANS

Mumbai: The Reserve Bank of India (RBI) has admitted to writing off a staggering amount of Rs 68,607-crores due from 50 Top Wilful Defaulters, including absconding diamantaire Mehul Choksi, according to …

RBI writes off over Rs 68K cr. loans, Choksi among 50 top wilful defaulters: RTI Read More

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Business News

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    Meta Platforms Forecasts Strong Q3 Revenue on AI Growth

  • Bharat CISO’s Conclave and Cybersecurity Startup Exhibition Inaugurated 

    Bharat CISO’s Conclave and Cybersecurity Startup Exhibition Inaugurated 

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