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..

Rupee sinks below 83 against dollar for first time

Rupee sinks below 83 against dollar for first time

The rupee has fallen below the 83 per US dollar mark for the first time and risks prevail for a furt..

Fight against inflation will be dogged and prolonged: RBI article

Fight against inflation will be dogged and prolonged: RBI article

The fight against inflation will be dogged and prolonged, given the long and variable lags with whic..

SBI raises deposit rates by up to 20 bps

SBI raises deposit rates by up to 20 bps

State Bank of India (SBI) has hiked fixed deposit interest rates by up to 20 basis points.The countr..

Inflation climbs to 7.41% in Sept, rate hike certain

Inflation climbs to 7.41% in Sept, rate hike certain

India’s retail inflation has surged to 7.41% in September, making it certain that the Reserve Bank w..

RBI widens role of ARCs, raises minimum capital requirement

RBI widens role of ARCs, raises minimum capital requirement

The Reserve Bank of India (RBI) has raised the minimum capital requirement for asset reconstruction ..

Future Retail insolvency resolution reaches EOI stage

Future Retail insolvency resolution reaches EOI stage

The resolution professional of Future Retail Ltd (FRL) has invited 'expression of interest' from pro..

RBI plans to deploy AI for better regulatory supervision

RBI plans to deploy AI for better regulatory supervision

The Reserve Bank of India (RBI) is planning to extensively use advanced analytics, artificial intell..

Rupee sinks to all-time low of 81.67 against dollar

Rupee sinks to all-time low of 81.67 against dollar

The Indian rupee plunged to a new low of 81.67 against the US dollar while the Sensex, the stock mar..

Bank of Maharashtra raises Rs 710 cr via bonds

Bank of Maharashtra raises Rs 710 cr via bonds

State-owned Bank of Maharashtra has raised Rs 710 crore from bonds to fund business growth. The..

IndusInd Bank, ADB partner to support supply chain financing

IndusInd Bank, ADB partner to support supply chain financing

IndusInd Bank has partnered Asian Development Bank (ADB) to provide supply chain finance (SCF) solut..

NARCL CEO to be paid Rs 1.7 crore a year: Report

NARCL CEO to be paid Rs 1.7 crore a year: Report

National Asset Reconstruction Co. Ltd (NARCL) will be paying its CEO a total remuneration of Rs 1.7 ..

Lenders claim Future Retail owes Rs 21,057 crore dues

Lenders claim Future Retail owes Rs 21,057 crore dues

Financial creditors have claimed Rs 21,057 crore as loan dues owed by Future Retail, according to a ..