India
Revenue secretary Sanjay Malhotra is the new RBI governor
The Center’s cabinet committee formally announced on Monday that Sanjay Malhotra, the revenue secretary, has been named the new governor…
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RBI
India
Business
India’s industrial output likely rose by 3.7% in October on festive demand: Report
According to a report by the Union Bank of India, India’s industrial production likely improved in October 2024, driven by…
Economy
RBI will conduct variable rate repo auction under LAF today
The Reserve Bank of India will conduct a variable rate reverse auction for Rs 75,000 crore on January 24, said…
Banking
Restrictions on PMC Bank to continue till December 31: RBI
Recently, a proposal by Centrum Financial Services and BharatPe was given an in-principal approval by the regulator to take over…
Banking
What are the challenges to the Indian banking sector?
Lets have an overview of challenges to the Indian banking sector.
Banking
HDFC Bank working with RBI on resuming its banned services
HDFC Bank on Thursday said network outages that led to a regulatory ban on new mastercard sales weren’t thanks to…
Economy
Indian rupee slips 33 paisa against US dollar
The note also said that the Asian currencies had started weaker against the greenback this Thursday morning and will weigh…
Banking
HDFC Bank: Refunded GPS device commission to auto loan customers
Private sector lender HDFC Bank has said it will be refunding the GPS device commission to automobile loan customers who…
Business
RBI Bulletin: Recovery of Economy depends of Inoculation speed
RBI bulletin also said that we will have to learn to live with the virus, and there is a need…
Finance
Pursuit of fiscal prudence leads to stagflation
It appears that the fiscal policy managers were banking on monetary policy to bail the economy out.
Finance
Supreme Court scraps plea seeking loan moratorium
The Public Interest Litigation (PIL) plea which was requesting the Centre and the Reserve Bank of India (RBI) to allow…
Banking
Risk-Based Internal Audit rules to HFCs extended by RBI
The Risk-Based Internal Audit (RBIA) rules were extended on June 11 by the Reserve Bank of India to all deposit-taking…