Topics: Reserve Bank Of India

Reserve Bank may offer Bandhan Bank more time to lower its promoters’ share

The Reserve Bank of India may offer additional time to Bandhan Bank to decrease its promoter shareholding in the bank. According to India's leading newspaper,...

SREI Infra Finance, CEO says, “Sector should raise resources on a sustained basis”

India's leading non-banking finance company, Srei Infrastructure Finance Limited, has said that “The sector which is going through liquidity crisis should be able to...

Manappuram Finance snaps $300 million in bonds

Manappuram Finance on Monday has announced the approval of the issuance of fixed-rate senior unsecured notes aggregating to $300 million. In a filing at BSE,...
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RBI is purchasing dollars through state-run banks

Reserve Bank of India, also known as (RBI) is buying dollars in the market through state-run banks. Four traders, familiar with the update, said, "It...

"India's economy to be at 4.3% in Q4 2019", says Nomura

India's economy is expected to grow at 4.3 percent in December quarter this year amid concerns over crisis in the NBFC sector, according to...

India making sixth interest rate cut, still no cure for economy

Five interest rate cuts since the start of the year hasn't stopped India's economy from slowing to its weakest growth rate since 2013, but...
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RBI's subsidiary DICGC says, "Depositors in failed and liquidated bank to get only Rs 1 lakh as insurance cover"

Depositors in failed and liquidated banks will get only up to Rs 1 lakh as insurance cover, regardless of the amount in their accounts,...

India’s forex reserves increase by $441 million to a new lifetime high of $448.2 billion

India's forex reserves rose by $441 million to a fresh lifetime high of $448.249 billion in the week to November 15 on an increase...

SBI report: Retail inflation may average at 4 percent in FY20

Surplus rainfall in August and September is likely to keep food and vegetable prices elevated going forward, and retail inflation may average at around...
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Finance Minister Nirmala Sitharaman reviews the state of the economy at FSDC meeting

Finance Minister Nirmala Sitharaman on Thursday reviewed the state of the economy, including stress in the financial sector at the meeting of the Financial...

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