IndusInd Bank’s financial health stable, being monitored closely, says RBI
The bank had last week revealed a potential 2.35 per cent adverse impact on its net worth after an internal review of its ...
Mumbai Police’s EOW may question RBI officials in the New India Cooperative Bank case
The questioning of RBI officials could be based on the inspection conducted on the cooperative bank, to examine what prompted ...
Indian non-bank lenders to tweak funding mix after RBI relaxes banks' lending norms
Indian non-banking financial companies (NBFCs) are likely to tweak their funding pattern in the upcoming financial year, as ...
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Mumbai Police to seek information from RBI in The New India Co-op Bank scam
Mumbai police are investigating the New India Co-op Bank scam and will seek information from the RBI about the auditing ...
Forex kitty soars $15.3 billion, biggest weekly gain since Aug ‘21
MUMBAI: The foreign exchange reserves, which has been going down since October as the RBI was defending the rupee, has ...
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RBI to issue Rs 100 and Rs 200 notes bearing signature of Governor Sanjay Malhotra
The Reserve Bank of India on Tuesday said it will shortly issue banknotes of Rs 100 and Rs 200 denominations bearing the signature of Governor Sanjay Malhotra. RBI, in an official statement said ...
RBI's $15-billion dollar-rupee swaps helping Indian companies raise cheaper overseas loans
The Mumbai Interbank Forward Offer Rate (MIFOR), which gauges currency risk when Indian companies bring dollar funds into ...
Digital Arrest Case In Mumbai: Cyber Fraudsters Swindle ₹2.5 Lakh From Victim Under Threat Of ED, CBI And RBI Investigation
A shocking case of "digital arrest" has emerged in Mumbai’s Parel area, where cyber fraudsters held a 31-year-old man under ...
More arrests likely in New India Cooperative Bank case as probe gathers pace
EOW officials have confirmed to Moneycontrol that on March 11, the Mumbai police has conducted Polygraph Test, also called a ...
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ftcash Gets Final RBI Nod To Operate As Online Payment Aggregator
In March 2020, the RBI released ‘Guidelines on Regulation of Payment Aggregators and Payment Gateways’ urging existing online ...
Indian central bank's record forward dollar position undermines FX reserves comfort
The Reserve Bank of India's record short U.S. dollar forward position, built over months to support the rupee amid equity ...
Bombay High Court Directs RBI To Accept Old Demonetised Bank Notes Seized By Income Tax Department
Mumbai: The Bombay High Court ruled in favor of a group of Kolhapur residents, directing the Reserve Bank of India (RBI) to accept ₹20 lakh in old demonetised currency notes seized during an Income ...