States Step Up Capex as Tax Revenues Increases
State governments have moved up capital expenditure (Capex) in the first quarter of the current financial year, turning a declining trend saw in the previous...
Tag : Reserve Bank of India (RBI)
RBI Continues TLTRO Scheme for Another Three Months
The Reserve Bank of India (RBI) increased the Targeted Long Term Repo Operation (TLTRO), a dedicated liquidity window for another three months. Companies from different...
Not Waiving Farmer Loan, Says Government
The centre on Monday said that there is no offer mentioned to waive loans of farmers, including Scheduled Caste and Scheduled Tribe farmers. In a...
RBI Asks Lenders to Regularise Credit, Debit Card
The Reserve bank of India (RBI) has requested lenders to roll out business continuity plans (BCP) after it had banned Mastercard from issuing new credit,...
SBI Card Gains 4% on Strong Performance of June Quarter
SBI Cards and Payment Services (SBI Card) has risen 4 per cent to Rs 991.95 on the BSE intra-day trade on asset quality improvement in...
RBI Working Towards Making Virtual Currency a Reality
Reserve Bank of India (RBI) is working towards a “staged rollout strategy” of the Central Bank Digital Currency (CBDC), RBI Deputy Governor T Rabi Sankar...
RBI Allows IDFC to Exist as Promoter of IDFC First Bank
On Thursday, IDFC Bank shares soared 19 per cent to their 52-week high of Rs 62.60 on the BSE in intra-day trade after the company...
Nium to Take Over Wirecard’s Forex Unit in India
Global payments platform Nium has signed an agreement to acquire Wirecard’s foreign exchange unit in India. Wirecard Forex India is a licensed authorised dealer under...
HDFC Bank to Refund GPS Device Commission to Auto Loan Customers
HDFC Bank Ltd has said that it will refund commissions to auto loan customers who had ‘vailed of’ a bundled GPS device between FY14 to...
RBI to Invest in Top-Rated Foreign Corporate Bonds
The Reserve Bank of India (RBI) is assessing the option of investing in top-rated foreign corporate bonds to generate higher yields. If the plan is...