RBI Fines Rs 84.50 Lakh on Central Bank of India
The Reserve Bank of India said on Friday it has imposed a fine of Rs 84.50 lakh on the Central Bank of India for failing...
Tag : Reserve Bank of India (RBI)
Sebi Calls on NBFCs, MFs, Insurers to Participate in Corporate Bond Market
The Securities and Exchange Board of India (Sebi) has released a consultation paper outlining a novel “client model” whereby entities such as corporates, NBFCs, insurance...
RBI Withdraws Rs 2,000 Notes from Circulation, Asks Everyone to Exchange or Deposit by Sept 30
On Friday, the Reserve Bank of India (RBI) announced the withdrawal of its highest denomination note, the Rs 2,000 from circulation, adding that the notes...
RBI Board Approves Transfer of Rs 87,416 Crore to Govt as Dividend for 2022-23
The central board of the Reserve Bank of India (RBI) has approved the transfer of Rs 87,416 crore for 2022-23 as surplus to the central...
AU Small Finance Bank Joins Rs 50,000 Crore M-Cap Club as Share Hits New High
Shares of AU Small Finance Bank (AU Bank) rose 3% to hit an all-time high of Rs 754.8 in intraday trade on Thursday, marking its...
SBI Funds can now Buy up to 10% Stake in HDFC Bank, RBI Approves
SBI Funds Management (SBIFML), a joint venture between the State Bank of India and France’s AMUNDI, received permission from the Reserve Bank of India (RBI)...
Vedanta in Talks with Deutsche Bank, Other Banks for Up to $600 Million Loan
Vedanta Resources Ltd (VRL), led by mining billionaire Anil Agarwal, is reportedly in talks with Deutsche Bank and other global lenders, including JPMorgan and Barclays,...
HDFC, HDFC Bank Move to Ex-Date for Dividend, Shares Fall Up to 2%
Shares of HDFC Twins, Housing Development Finance Corporation (HDFC) and HDFC Bank fell 2% on the BSE in intraday trade on Tuesday after the dividend...
Per Capita GDP for Bangladesh Higher Than India Till 2022: IMF
Bangladesh will continue to have a higher gross domestic product (GDP) per capita than India through 2022, according to the latest figures from the International...
Chiratae-Backed Alternative Financing Fintech Getvantage Gets NBFC License
Chiratae Ventures-backed alternative financing fintech platform Getvantage has secured a non-banking financial company (NBFC) license from the Reserve Bank of India (RBI). This development will...