Reserve Bank of India


RBI Approves Yes Bank Stake Sale To Carlyle, Advent

World - Published date: .

The Reserve Bank of India has given a conditional approval to private equity investors Carlyle Group and Advent Internat... Read more

Start-up LeverageEdu Gets RBI Approval For Financial Services Unit

Banking - Published date: .

Company raised $22 million in funding in March earlier this year at a valuation of $120 million Read more

Govt Asks Sebi To Ease Public Shareholding Norms For IDBI Bank: Report

Banking - Published date: .

The Centre has reached out to Sebi seeking a relaxation period of two years in the minimum public shareholding norms for... Read more

Mastercard Enables 200,000 Merchants For Card-on-file Tokenisation

Banking - Published date: .

Mastercard said it worked with 45,000 merchants, 34 issuing banks, 10 acquiring banks, and 30-plus token requestors (inc... Read more

RBI Fines Ola Financial Services Rs 1.67 Cr For Not Following Directions

Banking - Published date: .

Ola Financial Services was found to be non-compliant with the directions issued by RBI on KYC requirements Read more

Zydus Lifesciences' Chairman Appointed As Director In RBI's Board

Banking - Published date: .

Zydus Lifesciences on Tuesday said its chairman Pankaj R Patel has been appointed as a part time non-official director i... Read more

Canara Bank Probes Fraud In Unit After Whistleblower Complaint: Report

Banking - Published date: .

The whistleblower letter, sent at the end of December and also addressed to Reserve Bank of India and the National Housi... Read more

Worldline Partners With Major Card Networks To Launch Tokenisation Solution

Banking - Published date: .

Worldline said that it has developed a fully interoperable plug-and-play solution to enable card on file tokenisation us... Read more

RBI Imposes Penalty Of Rs 1 Crore On Union Bank Of India

Banking - Published date: .

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any ... Read more

RBI Supersedes Reliance Capital Board, Says Firm To Go For Insolvency Soon

Banking - Published date: .

The RBI has appointed Nageswar Rao Y, former executive director of Bank of Maharashtra, administrator of Reliance Capita... Read more

NCLT Admits Application For Initiating CIRP Against McLeod Russel

Banking - Published date: .

Once the world's largest tea producer, McLeod Russel, part of the Brij Mohan Khaitan group company, is now India's large... Read more

REITs Reduce Borrowing Costs By About 200 Basis Points Or More In FY21

Banking - Published date: .

Top property developers such as Godrej Properties and the rental arm of DLF reduced their borrowing costs in FY21 by 110... Read more

NCLAT Removes Stay On Reserve Bank Of India Action Against Srei Group

Banking - Published date: .

NCLT had passed an order preventing regulatory authorities from taking any coercive steps against the company Read more

Srei Infra Company Secy Resigns; 180 Exits Since Dec After Salary Caps

Banking - Published date: .

Equipment finance NBFC Srei Infrastructure Finance Ltd on Saturday said its company secretary Sandeep Kumar Lakhotia has... Read more

Indian Startups Join Hands To Ensure Dialogue With Centre For Crypto Market

Banking - Published date: .

On Saturday, Bitcoin touched a market capitalisation of $1 trillion, its highest ever, as the value of world's most popu... Read more

Top Corporate Bond Arranger Expects Spreads On Highest-rated Notes To Widen

Banking - Published date: .

"We think the RBI will guide liquidity toward more normal settings, which could lead to spreads widening on corporate bo... Read more

RBI To Conduct This Year's 2nd Operation Twist On January 14

Banking - Published date: .

The decision was taken after a review of current liquidity and financial conditions Read more

DHFL Promoter Kapil Wadhawan Moves NCLT, Wants CoC To Consider Offer

Banking - Published date: .

The offer, he claimed, was in accordance with the June 7 circular of the Reserve Bank of India Read more

Indiabulls Housing Finance Sells More Stake In OakNorth For Rs 220 Crore

Banking - Published date: .

The mortgage lender has said the proceeds will be used to bolster the capital adequacy ratio of the lender. Read more

Future Enterprises Board Meet On September 7, To Take Up RIL Deal

Banking - Published date: .

Company's board to meet today on sale of retail arms to RIL Read more