Reserve Bank of India
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 ......
General
Grapevine: Warburg Pincus, Shriram Housing Finance, KiranaPro, Blume Ventures in news
The Reserve Bank of India has directed Warburg Pincus to cut its stake in a portfolio company before the acquisition ......
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 ......
Markets
Rupee slips to record low as equity sentiment sours after tax hike
The Indian rupee fell to an all-time low on Wednesday as likely outflows from local equities weighed on the currency, though ......
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
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 ......
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
Catamaran-backed Innoviti gets payment aggregator licence
Payments-centric retail SaaS platform Innoviti has received the final authorisation from the Reserve Bank of India (RBI) to operate as ......
Finance
IIFL Finance shares plunge after RBI bars firm from offering gold loans
Shares of India's IIFL Finance fell 20% to the bottom of an exchange-mandated limit on Tuesday, a day after the ......
Finance
RBI asks Visa, Mastercard to stop B2B payments via fintech platforms
India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to ......
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