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2 mins read
Kamath Committee outlines loan restructuring parameters for 26 sectors
The expert committee has recommended financial parameters including aspects related to leverage,…
3 mins read
Here is how much your EMI will go up after the recent repo rate hike
Here is how much your EMI will go up after the recent repo rate hike
4 mins read
RBI tightens norms for Chinese lending apps
Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…
2 mins read
Verdict on demonetisation cannot be interpreted as upholding the move: CPI(M)
Reacting to the Supreme Court verdict on demonetisation, the CPI(M) said on Monday that the verdict…
2 mins read
ASSOCHAM urges RBI not to hike repo rate beyond 25-35 bps
ASSOCHAM has also requested the RBI to treat retail loans for purchase of electric vehicle (EV) …
2 mins read
Millions of Indians will be pushed to margins of subsistence fit the lockdown doesn't end soon, according to former RBI Governor Subbarao
He was participating in a webinar on "History repeats -but differently- Lessons for the post Cor…
PTI
2 mins read
Raghuram Rajan says save people before saving the economy
“We need to spend money on medical supplies, ventilators, and masks — on getting protective equi…
1 min read
Indian banks urge customers to avoid cash and go online
Kotak Mahindra Bank, Axis Bank and State Bank of India are asking its customers to use online ban…
4 mins read
Presidential commission recommends stamping of H-1B visas inside US
Presidential commission recommends stamping of H-1B visas inside US
PTI
1 min read
Iraq's forex reserves hit record high as oil prices soar
Iraq's foreign exchange reserves have surpassed $87 billion, the highest level the central bank has…
2 mins read
RBI does not have fixed dollar:rupee exchange rate: Shaktikanta Das
The Reserve Bank of India (RBI) rupee exchange rate and its market interventions are to curb excess…
3 mins read
From no hidden charges to insurance on credit card frauds and lost cards, here are RBI's new guidelines for credit and debit cards
This is understandable given that credit cards have exploded in popularity after the COVID-19 …
2 mins read
Limit ATM cash withdrawals to ₹5,000 and increase ATM charges, an RBI committee reportedly recommends
Currently, customers can withdraw ₹10,000 in a single transaction and ₹20,000 in a day from a St…
3 mins read
More emissions reduction targets will help Indian fossil fuel giants, IEEFA reports
The UN-backed Race to Zero campaign and the SBTi recommend that power companies committed to achiev…
3 mins read
10 countries that banned cryptos calling them threats, ponzi schemes & more
As per the Law Library of Congress, a global research directorate, eight jurisdictions had an absol…
2 mins read
Retirement fund body EPFO could increase its equity investment limit to 20% from 15% earlier
Retirement fund body EPFO is likely to approve this month a proposal to enhance its investments in …
PTI
2 mins read
Sensex, Nifty50 to open on a cautious note ahead of RBI MPC announcement: Reliance Industries, Avenue Supermarts, Nykaa among stocks to watch
India’s equity markets are likely to open on a cautious note on Thursday ahead of the Reserve Bank …
1 min read
RBI board recommends aligning accounting year with fiscal year from 2020-21
The board recommended aligning the financial year of RBI, currently July-June, with the government…
PTI
2 mins read
IndusInd Bank promoter Hinduja Group may raise stake in bank to 26% after RBI’s latest change in private bank norms
IndusInd Bank may benefit from the RBI’s latest change in ownership norms as promoter Hinduja Group…
2 mins read
RBI seeks a crypto ban but it needs global collaboration, says Nirmala Sitharaman
The Reserve Bank of India (RBI) has recommended the government to frame regulations for cryptocurre…