RBI Archives - Page 5 of 28

Centre Seeks Extension to Meet 25% Public Holding Norm for IDBI Bank Stake Sale

NileshNovember 18, 2022November 18, 2022

by NileshNovember 18, 2022November 18, 202201869

According to CNBC TV-18, the central government seeks SEBI to extend IDBI Bank’s 25% minimum public shareholding (MPS) standard after privatisation. The channel reported on...

BANKING

Kotak Mahindra Bank Raises MCLR by 10 Bps

NileshNovember 17, 2022November 17, 2022

by NileshNovember 17, 2022November 17, 202203340

On Wednesday, Kotak Mahindra Bank raised its marginal cost of fund-based lending rate (MCLR) by ten basis points. So, the lender’s one-year MCLR is 8.55%,...

BUSINESS

Open Gets RBI’s In-Principle Approval For Payment Aggregator Licence

NileshNovember 14, 2022November 14, 2022

by NileshNovember 14, 2022November 14, 202201867

Open, a new business-to-business banking platform, has received in-principle approval from the Reserve Bank of India (RBI) for a Payment Aggregator (PA) license, the company...

ECONOMY

FY23 GDP Growth to Not Exceed 7%, Says CEA Nageswaran

NileshNovember 8, 2022November 8, 2022

by NileshNovember 8, 2022November 8, 202202641

On Monday, India’s gross domestic product growth for the current fiscal year (FY23) expects to be between 6.5% and 7%, Chief Economic Advisor V Anantha...

PERSONAL FINANCE

Commercial Loans Flow on Capex Revival

NileshNovember 7, 2022November 7, 2022

by NileshNovember 7, 2022November 7, 202201282

There has been a clear reversal in fresh capital speculation by corporates, with bank loan demand being controlled by infrastructure, roads, renewable energy, and oil...

BUSINESS

Go First Plans to Avail Rs 600 Crore Loan Under ECLGS

NileshNovember 4, 2022

by NileshNovember 4, 202202284

Budget Airline Go First plans to soon avail Rs 600 crore loan below the Emergency Credit Line Guarantee Scheme (ECLGS) for its processes ahead of...

BUSINESS

EU Financial Regulators Exclude 6 Indian Counterparties

NileshNovember 4, 2022November 4, 2022

by NileshNovember 4, 2022November 4, 202201391

European banks functioning in India is likely to find it problematic to operate viably if the Reserve Bank of India (RBI) and Securities and Exchange...

BANKING

ICICI Bank, PNB, Bank of India Raise MCLR Home Loan Interest Rate

NileshNovember 1, 2022November 1, 2022

by NileshNovember 1, 2022November 1, 202202568

Three banks, ICICI Bank, Punjab National Bank (PNB) and Bank of India, raised the marginal cost of funds-based lending rate (MCLR) two days before the...

STOCK MARKET

Sensex Rises More Than 500 Points on Hopes of Fed Becoming Less Hawkish

NileshOctober 31, 2022October 31, 2022

by NileshOctober 31, 2022October 31, 202201397

India’s benchmark index rose for a third straight week on Monday, while Asian stocks got off to a good start on expectations of a hawkish...

BUSINESS

UCO Bank Opens Special Rupee Account with Russia’s Gazprombank

NileshOctober 21, 2022October 21, 2022

by NileshOctober 21, 2022October 21, 202202293

Russia’s Gazprombank opened a Special Rupee Account with the state-owned UCO Bank, paving the technique for bilateral trade between Moscow and New Delhi, reports media....

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Tag : RBI

Centre Seeks Extension to Meet 25% Public Holding Norm for IDBI Bank Stake Sale

Kotak Mahindra Bank Raises MCLR by 10 Bps

Open Gets RBI’s In-Principle Approval For Payment Aggregator Licence

FY23 GDP Growth to Not Exceed 7%, Says CEA Nageswaran

Commercial Loans Flow on Capex Revival

Go First Plans to Avail Rs 600 Crore Loan Under ECLGS

EU Financial Regulators Exclude 6 Indian Counterparties

ICICI Bank, PNB, Bank of India Raise MCLR Home Loan Interest Rate

Sensex Rises More Than 500 Points on Hopes of Fed Becoming Less Hawkish

UCO Bank Opens Special Rupee Account with Russia’s Gazprombank

EquityPandit