Shaktikanta Das
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
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 ......
Economy
RBI holds key rate steady on robust growth, above target inflation
The Indian central bank's key interest rate was kept unchanged for a seventh straight policy meeting on Friday as growth ......
TMT
RBI moves to ensure continuity of UPI payments on Paytm
The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine ......
Finance
RBI chief favours financial creditor-led resolution framework for stressed assets
Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of ......
Economy
RBI holds repo rate for second straight meet
India's central bank kept its key lending rate steady for a second straight policy meeting on Thursday, as widely expected, ......
Finance
RBI sees FY24 inflation at 5.2%, says need to evaluate actions of previous hikes
The Reserve Bank of India Governor Shaktikanta Das said that inflation for FY 2023-24 is projected at 5.2%. RBI governor noted, ......
Finance
RBI holds key repo rate at 6.5%
The Reserve Bank of India (RBI) surprised markets by holding its key repo rate steady on Thursday after six consecutive ......
Finance
RBI asks Ienders for details of exposure to Adani Group
The Reserve Bank of India (RBI) has asked local banks for details of their exposure to the Adani Group of ......