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RBI cracks down on CDPQ-backed Edelweiss ARC, ECL Finance for rule violations

Finance

29 May, 2024

RBI cracks down on CDPQ-backed Edelweiss ARC, ECL Finance for rule violations

The Reserve Bank of India on Wednesday imposed restrictions on Edelweiss Asset Reconstruction Company Ltd and group company ECL Finance ......

RBI leaves rates unchanged, sees GDP growth at 7% for FY25

Economy

08 February, 2024

RBI leaves rates unchanged, sees GDP growth at 7% for FY25

India's key rate was left unchanged for a sixth straight meeting on Thursday, in line with expectations, as inflation remained ......

Digital lenders should stick to businesses they are licensed to do, says RBI Governor Das

Finance

22 July, 2022

Digital lenders should stick to businesses they are licensed to do, says RBI Governor Das

Digital lenders should operate within the guardrails of regulatory guidelines and adhere to the specific licences granted to them, Reserve ......

RBI hikes repo rate by 40 bps to 4.40%

Finance

04 May, 2022

RBI hikes repo rate by 40 bps to 4.40%

The Reserve Bank of India's monetary policy committee raised the key lending rate by 40 basis points on Wednesday, citing ......

RBI leaves policy rates unchanged; expects inflation at 4% by December

Economy

10 February, 2022

RBI leaves policy rates unchanged; expects inflation at 4% by December

The ever optimistic Reserve Bank of India Governor Shaktikanta Das invoked a song by the late singer Lata Mangeshkar along ......

RBI governor Urjit Patel quits amid friction with govt over autonomy

Finance

10 December, 2018

RBI governor Urjit Patel quits amid friction with govt over autonomy

Reserve Bank of India (RBI) governor Urjit Patel on Monday announced that he was leaving the post with immediate effect ......

RBI governor Urjit Patel could resign on 19 November: Report

Economy

08 November, 2018

RBI governor Urjit Patel could resign on 19 November: Report

Reserve Bank of India (RBI) Governor Urjit Patel could resign at the central bank’s next board meeting on 19 November, ......

Narenda Modi govt eases FDI norms in aviation, defence

General

20 June, 2016

Narenda Modi govt eases FDI norms in aviation, defence

The National Democratic Alliance government on Monday announced a slew of measures allowing 100% foreign direct investment (FDI) through the ......

Things you didn't know about RBI governor Raghuram Rajan

General

20 June, 2016

Things you didn't know about RBI governor Raghuram Rajan

nRajan was awarded the Director's Gold Medal as the all-round student while studying electrical engineering at IIT, Delhi.He won a ......

Raghuram Rajan's three years as RBI governor

General

20 June, 2016

Raghuram Rajan's three years as RBI governor

After much speculation and following several controversies around  him, Reserve Bank of India (RBI) governor Raghuram Rajan, on Saturday, announced ......