India's central bank begins unwinding curbs on NBFCs
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) after they improved their ...
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HDFC Bank gets Reserve Bank of India nod for stake hike in three banks
The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.
Bank Holidays in India 2025: A complete month-wise list of holidays across India
Enlisted below is an officially announced Reserve Bank of India's (RBI) list of holidays month-wise for different parts of ...
India's new central bank chief seeks to improve forecasts, sources say
India's new central bank governor Sanjay Malhotra has initiated a review of the Reserve Bank of India's inflation and growth ...
Reserve Bank of India unveils master directions on credit information reporting
The Reserve Bank of India (RBI) has come up with a new master direction to banks and financial institutions on credit information reporting. Credit Information Companies must alert customers when ...
India’s July-Sept. Current Account Gap Stays Flat After Revision
India’s current account deficit stayed largely flat in the July-September period from the previous quarter’s number, which ...
India's Manappuram Finance surges after central bank lifts ban on unit
Shares of Indian gold loan financier Manappuram Finance rose as much as 6% on Thursday, a day after the country's central bank removed restrictions imposed on the company's unit. The Reserve Bank of ...
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RBI Mandates Account Name Verification for RTGS and NEFT Transfers by 2025
FaceTec ’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern ...
Reserve Bank of India releases Draft Formats of Financial Statements of Co-operative Banks
RBI stated today that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the ...
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India's Economic Trajectory: Slowing Growth Amid Inflation Challenges
India's economy projected to grow at 6.4% in 2024-25, down from 8.2% in 2023-24, as per the Ministry of Statistics. The ...
Manmohan Singh, Architect of Modern India’s Economic Reforms and Former Prime Minister, Dies at 92
Manmohan Singh, former Indian Prime Minister and a pivotal figure in the country’s economic transformation, died in New Delhi ...
Rupee to stay under pressure, all eyes on central bank's defence of 85.80
The Indian rupee is tipped to stay under pressure on Monday with the U.S. dollar holding near a two-year peak, while traders ...