Reserve Bank of India (RBI) Archives - Page 3 of 27

IIFL Finance Shares Sank 20% as RBI Inspects and Orders to Cease Providing New Gold Loans

Ali WaghbakriwalaMarch 5, 2024March 5, 2024

by Ali WaghbakriwalaMarch 5, 2024March 5, 20242 1429

Shares of IIFL Finance dropped 20% after the Reserve Bank India (RBI) instructed the company to cease sanctioning and disbursing new gold loans immediately due...

MARKETS

Paytm Shares Locked at 5% Upper Circuit Over RBI’s Deadline Extension, Axis Bank Partnership

Chinmay BohraFebruary 19, 2024February 19, 2024

by Chinmay BohraFebruary 19, 2024February 19, 202411585

Shares of One 97 Communications Ltd, the parent company of Paytm, were locked at a 5% upper circuit for the second straight day after the...

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Crisis at Paytm Payments Bank: RBI Issues FAQ for Customers, Addresses 30 Queries

Ali WaghbakriwalaFebruary 17, 2024February 17, 2024

by Ali WaghbakriwalaFebruary 17, 2024February 17, 20242 3116

On Friday, following the monetary policy announcement by the Monetary Policy Committee (MPC) on February 8, the Reserve Bank of India (RBI) published a Frequently...

ECONOMY MUST READS

First RBI MPC Meeting in 2024: Repo Rate Unchanged at 6.5%, Real GDP Growth in FY25 Projected at 7%

Chinmay BohraFebruary 8, 2024February 8, 2024

by Chinmay BohraFebruary 8, 2024February 8, 202405768

The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept repo rates unchanged at 6.5%, in line with widespread expectations. This decision came...

MARKETS

Paytm Shares Jump 10% after CEO Vijay Shekar Sharma meets RBI, FM

Chinmay BohraFebruary 7, 2024February 7, 2024

by Chinmay BohraFebruary 7, 2024February 7, 202413950

Shares of One97 Communications Ltd, the parent company of payment aggregator Paytm, hit a 10% upper circuit after the company’s founder and CEO, Vijay Shekhar...

MARKETS

HDFC Bank gets RBI Approval to Acquire up to 9.5% Stake in 6 Indian Banks

Chinmay BohraFebruary 6, 2024February 9, 2024

by Chinmay BohraFebruary 6, 2024February 9, 202402127

The Reserve Bank of India (RBI) on February 5, 2024, approved HDFC Bank’s proposal to acquire an “aggregate holding” of up to a 9.5% stake...

MARKETS

Paytm Shares Hit 20% Lower Circuit as RBI Ends Payments Bank Business

Ali WaghbakriwalaFebruary 1, 2024February 1, 2024

by Ali WaghbakriwalaFebruary 1, 2024February 1, 202415154

Shares of Paytm were locked at a 20% lower circuit on 1 February after RBI (Reserve Bank of India) dealt a fatal blow to the...

BUSINESS

RBI Authorised Zomato’s Arm to Operate as Payment Aggregator

Chinmay BohraJanuary 25, 2024January 25, 2024

by Chinmay BohraJanuary 25, 2024January 25, 202415381

The Reserve Bank of India (RBI), on January 24, granted the certificate of authorisation to Zomato Payments, a wholly-owned subsidiary of Zomato Limited, to operate...

MARKETS

RBI permits ICICI Pru AMC to acquire 9.95% stakes in Federal Bank, RBL Bank and Others

Chinmay BohraDecember 29, 2023December 29, 2023

by Chinmay BohraDecember 29, 2023December 29, 202312545

The Reserve Bank of India (RBI) has granted its approval to ICICI Prudential Asset Management Company (AMC) Ltd for the acquisition of an aggregate holding...

BUSINESS

Hinduja Group Firm to Acquire Debt-ridden Reliance Capital, RBI Approves Resolution Plan

Chinmay BohraNovember 18, 2023November 18, 2023

by Chinmay BohraNovember 18, 2023November 18, 202303228

The Reserve Bank of India (RBI) has approved the resolution plan for debt-ridden Reliance Capital, paving the way for Hinduja Group entity IndusInd International Holdings...

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Tag : Reserve Bank of India (RBI)

IIFL Finance Shares Sank 20% as RBI Inspects and Orders to Cease Providing New Gold Loans

Paytm Shares Locked at 5% Upper Circuit Over RBI’s Deadline Extension, Axis Bank Partnership

Crisis at Paytm Payments Bank: RBI Issues FAQ for Customers, Addresses 30 Queries

First RBI MPC Meeting in 2024: Repo Rate Unchanged at 6.5%, Real GDP Growth in FY25 Projected at 7%

Paytm Shares Jump 10% after CEO Vijay Shekar Sharma meets RBI, FM

HDFC Bank gets RBI Approval to Acquire up to 9.5% Stake in 6 Indian Banks

Paytm Shares Hit 20% Lower Circuit as RBI Ends Payments Bank Business

RBI Authorised Zomato’s Arm to Operate as Payment Aggregator

RBI permits ICICI Pru AMC to acquire 9.95% stakes in Federal Bank, RBL Bank and Others

Hinduja Group Firm to Acquire Debt-ridden Reliance Capital, RBI Approves Resolution Plan

EquityPandit