Reserve Bank of India
-
BUSINESS
RBI orders banks to monitor forex trading more closely and notify ED of any unauthorized activity
In response to reports of some companies engaging in illicit currency trading, the Reserve Bank of India (RBI) has sent…
Read More » -
BUSINESS
India has enough foreign exchange reserves to meet its anticipated imports for 11 months
The Monthly Economic Review report from the Department of Economic Affairs under the Ministry of Finance states that 11 months’…
Read More » -
BUSINESS
RBI issues a warning about illicit firms in the currency market
Mumbai: On Wednesday, the Reserve Bank of India (RBI) sent out a warning to Indian citizens about unapproved companies that…
Read More » -
BUSINESS
RBI directs Kotak Bank to cease accepting new clients for credit cards, internet banking, and mobile banking
With immediate effect, the Reserve Bank of India ordered Kotak Mahindra Bank “to cease and desist, from onboarding new customers…
Read More » -
BUSINESS
RBI raises the ARC minimum net owned fund to Rs 300 cr
The asset reconstruction companies (ARCs) received a master directive from the Reserve Bank of India (RBI) on Wednesday, raising the…
Read More » -
BUSINESS
A member of the RBI MPC forecasts “less severe” rising food inflation
A member of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) emphasized that as India grows,…
Read More » -
BUSINESS
Axis Bank, HUL, TechM, Nestle, Bajaj Finance, RVNL, ITC, and Other Stocks to Monitor
Stocks To Monitor On April 25: Following their recent rally, markets took a break on Wednesday, ending the day slightly…
Read More » -
BUSINESS
Check out the details as Axis Bank surpasses Kotak Mahindra Bank to become India’s fourth-largest lender
On Thursday, Axis Bank surpassed Kotak Mahindra Bank to secure the fourth position as India’s biggest lender based on market…
Read More » -
BUSINESS
This Is How To Exchange Damaged Banknotes At The Bank Near You
Even with the impressive rise in e-payments, there are still many situations in which actual money is required. Notes that…
Read More » -
BUSINESS
Shares of Kotak Mahindra Bank Drop 12% Following RBI’s Prohibition on Digital Customer Onboarding
Following the Reserve Bank of India’s (RBI) decision to prohibit the private lender from issuing any further credit cards, Kotak…
Read More »