RBI
Finance
SBI plans to sell Yes Bank stake worth $2.2 bn by end-March
State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% ......
Economy
Rupee slips to fresh record low, in line with other Asian currencies
The Indian rupee slipped to its weakest closing level on Monday, pressured by a decline in its Asian peers while ......
Economy
RBI holds rates again as inflation fight continues; retains GDP forecast
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Thursday, as widely expected, as it continued its efforts ......
Finance
Govt asks RBI to exempt sovereign funds from alternative investment fund rules
The Indian government has asked the central bank to exempt sovereign funds from a recent set of tightened rules concerning ......
Finance
RBI rejects reappointment of Raj Kumar Bansal as MD, CEO of Edelweiss ARC
India's central bank has rejected Edelweiss Asset Reconstruction Company's request to reappoint Raj Kumar Bansal as its managing director and ......
Economy
RBI holds rates to further tame prices, raises growth outlook
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday in a widely expected move, saying ......
Economy
Misuse of asset reconstruction firms to fast track insolvency process: RBI
Asset reconstruction companies (ARCs) are being misused by "tainted" promoters to enter the bankruptcy process after leading their firms to ......
Finance
Some asset reconstruction firms circumventing rules, says RBI deputy governor
Some Indian asset reconstruction companies (ARCs) have been circumventing regulations and have allowed themselves to be used for the evergreening ......
Finance
Rupee bucks trend against declining Asian currencies, rises to 2-month high
The Indian rupee rose to a two-month peak on Friday, boosted by likely strong dollar inflows into domestic equities even as most ......
Finance
RBI bars Kotak Mahindra from taking new clients online due to IT deficiencies
India's central bank said on Wednesday it had barred Kotak Mahindra Bank from taking on new customers via its online ......