Reserve Bank of India

Chandra Devi, 53, holds up a loan slip, its creases more prominent than its text. It states that she borrowed a loan of ₹35,000, allegedly from RBL Bank, a private …

Mumbai: Bajaj Finance Ltd managing director Anup Saha has quit citing “personal reasons”, just three months after his appointment, making longtime chief Rajeev Jain once again take over the reins …

The Securities and Exchange Board of India (Sebi) has issued a proposal to clarify and expand the scope of activities that Credit Rating Agencies (CRAs) in India can undertake, especially …

New Delhi has steadily expanded loans and official development assistance (ODA) in yen to gain from ultra-low interest rates and the rupee’s appreciation against the Japanese currency. Many of these …

State Bank of India has picked Kotak Mahindra Capital Co., Citigroup Capital Markets, HSBC, Morgan Stanley and ICICI Securities to manage its ₹25,000 crore qualified institutional placement, two people aware …

Mumbai: The Reserve Bank of India (RBI) on Thursday relaxed the provisioning norms for project finance loans, following appeals by lenders.  The RBI, in its final guidelines, has mandated that …

Soon after the Reserve Bank of India (RBI) cut its repo rate by 50 basis points, most banks have followed suit by cutting interest rates on their fixed deposits (FDs). …

The Reserve Bank of India (RBI) has updated its rules with regards to inoperative accounts/ unclaimed deposits in banks. The latest instructions which will be called Inoperative accounts/ unclaimed deposits …

Telecom companies sparring with the regulator over spam calls and messages have reason for relief: After an appeals tribunal stayed penalties on them for failing to curb spam, the Department …

Archaeological excavations in progress at Keeladi in Tamil Nadu’s Sivaganga district. File | Photo Credit: The Hindu Civilisation and culture are deeply entwined in the identity of any society and …