Reserve Bank of India
Economy
RBI eases cash rules for banks amid fears of credit crunch
The Reserve Bank of India (RBI) eased mandatory cash requirement rules for banks on Thursday and assured jittery markets it ......
Economy
US Fed raises interest rates, signals more hikes
The U.S. Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary policy, as ......
Finance
YES Bank will ask RBI for more time to find CEO Rana Kapoor's successor
India's Yes Bank Ltd said on Tuesday it would seek the central bank's approval to extend Chief Executive Officer Rana ......
Finance
YES Bank loses over $3 bn in market value after RBI trims CEO's term
Indian private sector lender Yes Bank Ltd's shares tumbled nearly a third on Friday, wiping as much as $3.1 billion ......
Finance
Rana Kapoor's tenure to end in Jan as RBI gives YES Bank 4 months to find new CEO
The Reserve Bank of India (RBI) has allowed Yes Bank Ltd Chief Executive Rana Kapoor to continue in the role ......
Finance
Impact VC investors' planned exit from Indian School Finance faces RBI hurdle
Manappuram Finance Ltd’s proposal to acquire Indian School Finance Company Pvt. Ltd (ISFC) has run into a regulatory hurdle, placing ......
Markets
Rupee breaches 72 to the dollar for first time
The Indian rupee breached the 72 to the dollar mark for the first time on Thursday, extending losses as a ......
Finance
India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta
In early July, a panel led by Sunil Mehta, non-executive chairman at Punjab National Bank, proposed a five-pronged Project Sashakt ......
Markets
Rupee hits record low of 71 per dollar on global trade tensions
The rupee fell to a record 71 per dollar in opening trade on Friday, tracking weakness in almost all other ......
Economy
Demonetisation: Banks got back almost all banned notes, says RBI
Indians returned almost the entire amount of currency withdrawn in the government's note ban of November 2016, raising fresh questions ......