A day after imposing several restrictions on Mumbai-based New India Co-operative Bank, the Reserve Bank of India (RBI) on ...

Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.

During the April-December period, Ajmera's sale bookings were up 14% to Rs 830 crore from Rs 730 crore a year ago, according ...

Banks will be closed on 15 February 2025, in some states due to the Loi-Ngai-Ni festival in Manipur. This festival is ...

The government expects that increased consumption resulting from lower income tax burdens will boost GST collections.

The RBI action on New India Co-operative Bank was prompted by alleged misappropriation of funds by the lender’s staffers, sources said on Friday. Over 90 per cent of the city-based bank’s 1.3 lakh ...

The total reserves rose on the back of the rise in foreign currency assets which rose by $6.42 billion to $544.11 billion ...

RBI is India’s central bank, responsible for monetary policy, financial stability, and supervision of banks, rather than conducting commercial banking activities. No Public Transactions: Unlike ...

Raghuram Rajan, University of Chicago Booth School of Business professor of finance and former Reserve Bank of India governor ...

The penalties are based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any ...

The Reserve Bank of India (RBI) has taken action against New India Co-operative Bank due to alleged fund misappropriation by staff members. The bank's board has been superseded, and depositors are ...

The Reserve Bank of India on Friday said 20 non-banking financial companies, including Reliance Commercial Finance and IDFC ...