RBI
Finance
RBI gives nod to Burman family for raising stake in Religare
The Reserve Bank of India (RBI) approved billionaire Burman family's plan to buy more shares in financial services provider Religare ......
Economy
RBI holds interest rates steady yet again, cuts banks' cash reserve ratio
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday but cut the cash reserve ratio (CRR) that ......
Finance
RBI removes ban on Sachin Bansal's Navi from sanctioning, disbursing new loans
India's central bank said on Monday it has removed restrictions it had imposed on non-banking finance company (NBFC) Navi Finserv ......
Economy
Rupee sees worst month since March as dollar rises
The Indian rupee ended November with its worst monthly performance in eight, as Donald Trump's victory in the U.S. election ......
Finance
RBI issues operational framework for reclassification of FPI to FDI
India's central bank on Monday released an operational framework for reclassifying equity investments made by foreign portfolio investors (FPI) that ......
Economy
Rupee ends at fresh record low but fares better than regional peers
The Indian rupee slipped to its weakest closing level on record on Wednesday pressured by a buoyant dollar but the ......
Finance
Sachin Bansal's Navi withdraws bond sale days after RBI action
Navi Finserv has withdrawn a planned bond sale scheduled for bidding on Monday, the firm said, days after the country's ......
Economy
Rupee ends at fresh record low amid fresh equity outflows
The Indian rupee hit its all-time low on Friday pressured by equity outflows but managed to avert a sharp fall ......
Finance
RBI bars Sachin Bansal's Navi, PE-backed Arohan, DMI Finance from issuing loans
The Reserve Bank of India said Thursday it has barred four non-banking finance companies (NBFCs) from sanctioning and disbursing loans ......
Economy
RBI holds rates as expected, shifts stance to 'neutral'
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday as widely expected, but changed its ......