The key difference between the old and the revised rules is around the approval processes for the settlement of loans.

Additional Tier 1 (AT-1) are perpetual bonds issued by banks to increase their capital base and they are riskier than ...

In a circular last week, RBI allowed overseas branches of authorized dealer (AD) banks to open rupee accounts for ...

Reserve Bank of India has asked banks to follow two particular phone numbering series for transactional and promotional purposes. The move comes amid a surge in fraud cases ...

The Reserve Bank of India canceled the registration of X10 Financial Services Ltd, an NBFC, due to irregularities in its ...

The Mumbai-based company was providing loans through several service providers (mobile apps), including Wecash Technology, ...

The market borrowings mostly comprise tier-II bonds, infrastructure bonds and green bonds among others and were the highest ...

India's GDP is projected to grow between 6.5% and 6.8% in 2024-25 with potential growth of 6.7% to 7.3% the following year.

The Supreme Court on Wednesday referred to another bench the pleas of the Reserve Bank of India and others challenging a Bombay High Court order that quashed a decision of the Yes Bank administrator ...

Former RBI Governor Raghuram Rajan said that he is not worried about the reduction in tax rates but instead about the need ...

Delhi HC has appoints Justice AK Sikri as mediator in lawsuit by On4Off accusing NPCI of infringing its patented tech for UPI ...

Budget 2025 holds the potential to not only address the immediate structural challenges but also lay the foundation for a ...