Tag: RBI

TVSSCS loan to arm turned into equity

The wholly-owned overseas subsidiary is in the business of storage, warehousing, freight transportation and other land transport services. The objective of the conversion is to...

Sales of IT firms grew 7.1% in FY25: RBI

These numbers must be read against the backdrop of heavy global headwinds, according to the Reserve Bank of India (RBI). The Reserve Bank released data...

Fighting Slowdown

The narrative is changing. There are no signs of desperation, but preventive measures are being taken. The dose this time around is aggressive. The...

RBI slashes repo rate to push growth

The committee, comprising Dr. Nagesh Kumar, Saugata Bhattacharya, Prof. Ram Singh, Dr. Poonam Gupta, and Dr. Rajiv Ranjan, voted in favour of the rate...

Hard options before RBI – Banking

Rhetoric has given way to reality. Preventing a slowdown in the economy has taken precedence over inflation control. Policy makers are using a base...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023 has been returned. The...

RBI revises norms for pre-closure charges on certain loans

The apex bank has sought comments on the draft guidelines. "Availability of easy and affordable financing to Micro and Small Enterprises (MSEs) is of paramount importance....

Paytm Gate! Glaring Governance Gaps?

It appears that the latest is the culmination of the enquiries that have lasted many months and the bank had been warned of regulatory...

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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...