Rupee rises 26 paise to 75.26 against US dollar in early trade
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The Indian rupee appreciated 26 paise to 75.26 against the US dollar in opening trade on Wednesday, supported by positive macroeconomic data and a rally in domestic equity market
RBI authorises Karur Vysya Bank to collect direct taxes on behalf of CBDT
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Karur Vysya Bank said it has commenced the integration process with the Central Board of Direct Taxes to collect direct taxes on its behalf, following the approval it received from the Reserve Bank
Four Indian entities among 20 largest Asia Pacific banks in Q3:S&P analysis
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Kotak Mahindra Bank made it to the top 20 list with 17.5% gain in market cap, the highest among non-Chinese banks; ICICI Bank, HDFC Bank and SBI are the others in the list
RBI bars Srei Infrastructure auditor Haribhakti & Co for two years
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The audit firm, which is also a regular auditor of important banks, including state-owned banks, has been debarred under section 45MAA of the Reserve Bank of India Act
Oil drives Indian rupee lower, 10-year yield to 18-month high
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India imports 80% of its oil needs and high prices result in increased imported inflation and have a spiralling impact on the prices across other sectors.
Global climate action: Indian banks need to accelerate green financing
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Indian banks need to move away from financing fossil fuels projects and prioritise lending to renewable energy and other environmentally sustainable projects
Industrial loan growth turns negative in 2020-21 due to Covid: RBI data
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Industrial loan growth, which has been decelerating during the last decade, turned negative for the first time during 2020-21 as economic activity slowed down in the aftermath of the Covid-19 pandemic
Loan scam: CBI charge sheet against ex-Yes Bank MD Rana Kapoor, wife
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The CBI has filed a charge sheet against former Yes Bank managing director and CEO Rana Kapoor, his wife Bindu and promoter of Avantha Group Company Gautam Thapar
'Don't want to rock the boat': What MPC said after keeping rates unchanged
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At the moment, G-SAP is not required but going forward, the G-SAP option, together with options of 'operation twist', and 'open market operations' are very much on the table.
RBI keeps all liquidity windows for states open till Mar-end
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Since the beginning of tpandemic and resultant higher borrowings, states have been paying higher interest to their bondholders trending close to 7 per cent all so far this fiscal.
RBI Monetary policy LIVE: IMPS per transaction cap raised to Rs 5 lakh
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RBI Monetary policy LIVE updates: RBI announcement comes against the backdrop of Covid-19 infections receding in recent days and the economy stablising. Stay tuned for all the LIVE updates
RBI Monetary policy LIVE: RBI likely to hold rates, target liquidity
newsdepo.com
RBI Monetary policy LIVE updates: RBI announcement comes against the backdrop of Covid-19 infections receding in recent days and the economy stablising. Stay tuned for all the LIVE updates
RBI Monetary policy LIVE updates: RBI announcement comes against the backdrop of Covid-19 infections receding in recent days and the economy stablising. Stay tuned for all the LIVE updates
RBI Monetary policy LIVE updates: RBI announcement comes against the backdrop of Covid-19 infections receding in recent days and the economy stablising. Stay tuned for all the LIVE updates
Small ticket personal loans delinquencies shoot up in FY21, NBFCs most hit
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Small ticket personal loans segment has witnessed a huge surge in asset quality stress for lenders in the pandemic-affected FY21, with NBFCs taking the maximum brunt
Banks need to accelerate green lending for sustainable growth: SBI chief
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Banks have always been the backbone of India's economic growth and as the country pivots to sustainable growth, the banking sector will have to accelerate green lending, said SBI Chairman Dinesh Khara
