Govt, RBI take steps against Chinese loan apps

Govt, RBI take steps against Chinese loan apps

Government departments and the Reserve Bank of India (RBI) are taking coordinated steps to check Chi..

IDBI Bank moves NCLT against Zee Entertainment

IDBI Bank moves NCLT against Zee Entertainment

IDBI Bank has moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises L..

RBI shortlists 7 firms to use AI to improve regulatory supervision

RBI shortlists 7 firms to use AI to improve regulatory supervision

The Reserve Bank has shortlisted seven global consultancy firms to use artificial intelligence and m..

Digital currency transactions to remain largely anonymous: RBI

Digital currency transactions to remain largely anonymous: RBI

People should have no ‘fear psychosis’ over privacy concerns and transactions through the newly-intr..

RBI to launch pilot of retail digital rupee on December 1

RBI to launch pilot of retail digital rupee on December 1

The Reserve Bank of India (RBI) will launch the first pilot for retail digital rupee on 1 December 2..

SBI board approves Rs 10,000 cr fundraise via infra bonds

SBI board approves Rs 10,000 cr fundraise via infra bonds

State Bank of India (SBI) has approved raising Rs 10,000 crore through infrastructure bonds during t..

Kaizad Bharucha is made HDFC Bank deputy MD

Kaizad Bharucha is made HDFC Bank deputy MD

HDFC Bank has appointed Kaizad Bharucha as deputy managing director, the lender said in an exchange ..

SBI to consider raising Rs 10,000 cr via infra bonds

SBI to consider raising Rs 10,000 cr via infra bonds

State Bank of India (SBI) will consider raising funds by issuing up to Rs 10,000 crore of infrastruc..

Gautam Adani weighs $5 bn fundraise as banks urge deleveraging: Report

Gautam Adani weighs $5 bn fundraise as banks urge deleveraging: Report

Indian billionaire Gautam Adani is courting sovereign wealth funds in a push to raise roughly $5 bil..

HDFC to raise Rs 5,500 cr via bonds

HDFC to raise Rs 5,500 cr via bonds

HDFC, India’s largest mortgage lender, will raise up to Rs 5,500 crore by issuing secured redeemable..

SBI ups loan interest rates again

SBI ups loan interest rates again

State Bank of India (SBI) has hiked its marginal cost of funds-based lending rate (MCLR) across teno..

Inflation target of 6% should remain, says RBI Guv

Inflation target of 6% should remain, says RBI Guv

The Reserve Bank of India (RBI) is not in favour of changing the inflation target even as it has fai..

Adani, Ambani bid for Future Retail

Adani, Ambani bid for Future Retail

Gautam Adani and Mukesh Ambani are at it again, this time to acquire the stressed assets of Future R..

India’s forex reserves post biggest weekly gain in over a year

India’s forex reserves post biggest weekly gain in over a year

India’s foreign exchange reserves posted its biggest gain in over a year, rising by $6.56 billion to..

Govt seeks waiver from Sebi in key norm for IDBI Bank stake sale

Govt seeks waiver from Sebi in key norm for IDBI Bank stake sale

In order to make the IDBI Bank purchase attractive, the Indian government is in talks with market re..