Tag: RBI

RBI to transfer Rs 2.86 lakh crore surplus to Centre

“RBI has transferred Rs 2.87 trillion surplus to the government for accounting year 2025-26, 6.7 per cent higher than FY26. Surplus transfer by RBI...

TVS Venu Group to pick 9.9% stake in Jana SFB

In a stock exchange filing, Jana Small Finance Bank said it would issue warrants convertible into equity shares by way of preferential issue on...

Canara Bank sees Rs 10,000 crore impact from ECL regime

“Total requirement will be Rs 10,000 crore. And it can be staggered to four years. And our profit is in the range of Rs...

Monetary Conundrum

In his recent speech at Princeton University, USA, Reserve Bank of India (RBI) Governor Sanjay Malhotra explained the contours of policy-making and acknowledged that...

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...

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HDFC Bank identifies 2 candidates for MD post

The bank has submitted the names of two candidates...

Navin’s forays into plotted development

The announcement was made at the company’s 37th anniversary...

Croma announces special prices for iPhone 17 Pro

Croma, a brand of Infiniti Retail Ltd, is continuing...

Army Design Bureau reviews Garuda’s drone ops

IPO-bound Garuda Aerospace said it used the visit to...

Milky Mist’s new yoghurt plant goes on stream

In a statement, the company said the new facility...