Tag: RBI

Challenges Galore

If President Donald Trump of the USA has indeed pushed the global trading order into an intractable chaos by unleashing a tariff war of...

RBI clears MobiKwik Group’s NBFC application

The NBFC license will enable the launch of a new lending division - MobiKwik Financial Services Private Limited (MFSPL, a wholly owned subsidiary), which...

Re-appointment of Ramesh Babu as MD of KVB gets RBI nod

The RBI, on 24 April, approved the re-appointment, the bank said in a stock exchange filing. On January 23, the board of KVB had considered...

Reserve Bank cancels licence of Paytm Payments Bank

Consequently, Paytm Payments Bank Limited is prohibited from conducting the business of ‘banking’  or any additional business with immediate effect and RBI will make...

‘RBI did not commit to an indefensible peg on exchange rate’

He was stressing on financial stability while addressing on the topic RBI’s Role in India’s Growth and Navigating Global Challenges - at Princeton University,...

Uncertainty is central to monetary policy: RBI Governor

"I am reminded of what Alan Greenspan (Former US Fed Chairman) once said that uncertainty is not just an important feature of the monetary...

RBI norms: Core Investment companies may face challenges

The revised framework removes discretionary assessment and relies solely on a fixed Assets Under Management (AUM) threshold of over Rs 1 trillion for classification,...

Application of Ujjivan SFB for universal bank returned

In its letter dated 13 April, the RBI took note of the bank’s recent efforts towards diversification of its loan portfolio. However, the RBI...

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India Post records highest ever Q1 revenue

The Minister held Business Review Meeting with all 23...

MRF ranked India’s most valuable tyre brand

The company also featured among the Top 50 most...

Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

The company will make the acquisition from Shell Overseas...

TVS Emerald to develop residential project in West Chennai

The Koyembedu–Poonamallee corridor, a rapidly expanding residential micro-market that...

Retail Inflation crosses 4% in June

“Food inflation contributed 185 basis points (bps), while non-food...