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RBI may raise repo by 50 bps this week: Economists

Finance

26 September, 2022

RBI may raise repo by 50 bps this week: Economists

The Reserve Bank of India’s rate-setting panel is likely to raise policy rates by 50 basis points at its meeting ......

Rupee hits record low for second session, breaches 81/$ mark

Finance

23 September, 2022

Rupee hits record low for second session, breaches 81/$ mark

The Indian rupee today fell 39 paise to all-time low of 81.18 against US dollar in early trade on the ......

BharatPe makes 2 new appointments including a former RBI deputy governor

People

13 September, 2022

BharatPe makes 2 new appointments including a former RBI deputy governor

Fintech unicorn BharatPe has appointed former deputy governor of Reserve Bank of India, BP Kanungo and Zomato's chairman Kaushik Dutta ......

Innoviti gets RBI nod for payment aggregation licence

Finance

26 July, 2022

Innoviti gets RBI nod for payment aggregation licence

Innoviti Payment Solutions Pvt. Ltd, which runs an eponymous payments-focused financial technology firm, become the top fintech startup that has ......

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 ......

Yes Bank selects JC Flowers as highest bidder to buy $6 bn bad loans

Finance

15 July, 2022

Yes Bank selects JC Flowers as highest bidder to buy $6 bn bad loans

Yes Bank Ltd's board has chosen JC Flowers Asset Reconstruction Co (JCF ARC) as the highest bidder to become the ......

RBI extends deadline for select provisions to implement new card rules

Finance

22 June, 2022

RBI extends deadline for select provisions to implement new card rules

The Reserve Bank of India (RBI) on Tuesday extended, by three months, the deadline to implement three provisions as part ......

RBI governor cautions startups against vulnerabilities

TMT

09 June, 2022

RBI governor cautions startups against vulnerabilities

Indian startups should constantly evaluate the build-up of risks and vulnerabilities to make their businesses sustainable in the long-term, RBI ......

RBI sharpens sword against inflation, hikes repo rate for 2nd consecutive time

Finance

08 June, 2022

RBI sharpens sword against inflation, hikes repo rate for 2nd consecutive time

The Reserve Bank of India's key interest rate was raised by 50 basis points on Wednesday as widely expected, in ......

Indices fare lower after three weeks of gains

Finance

06 June, 2022

Indices fare lower after three weeks of gains

Markets edged down on Monday dragged by technology stocks, while global investor mood turned cautious ahead of key US economic ......