Banks block Indian promoters’ foreign NBFC plans
Mumbai: Some of the large banks are blocking plans of Indian promoters to form investment companies abroad.The banks fear such ...
Tag: reserve bank of india
Rupee sees best single-day gain since June to close at 86.36 vs US dollar
The Indian Rupee strengthened 30 paise to close at 86.36/$1 on Wednesday, its best single-day gain since June 3, aided ...
Rural stress hit microfin show, it could improve in FY26: Experts
Mumbai: The surge in delinquencies in microfinance loans was mainly due to factors such as political disruptions, weather events, and ...
RBI introduces new interest rate benchmark
The Reserve Bank of India (RBI) has decided to float a new interest rate benchmark - the Secured Overnight Rupee ...
IndusInd Intl to raise Rs 3,000 cr via NCDs to fund Reliance Capital buyout
Mauritius-based IndusInd International Holdings (IIHL), through its subsidiary Cyqure India, plans to raise ₹3,000 crore by issuing 14.50% non-convertible debentures ...
Rupee has been the most stable among EM markets: Guv Das
Indian Rupee has been the most stable among emerging markets and is likely to remain so as the RBI assured ...
RBI Governor flags bank-NBFC links as ‘contagion risk’
Concentrated borrowing linkages between non-bank financiers and mainstream lenders may pose contagion risks, Reserve Bank of India (RBI) governor Shaktikanta ...
FII dollars set to chase domestic sectors as India readies to be world’s new growth engine
Even though there are upside risks to inflation, the Reserve Bank of India chose to stay put on interest rates, ...
Banks won’t auction stressed loans covertly
Private and hush-hush deals that some banks cut with acquirers of stressed loans will soon come to an end. Under ...
