- Chetanya Rai
- 2 Min Read
Board of Bajaj Housing Finance Approves Rs 4,000 Crore IPO
Bajaj Housing Finance approves ₹4,000 crore IPO, aims for stock exchange listing by September 2025, dependent on market conditions.
- Chetanya Rai
- 2 Min Read
Monetary Policy Meet June 2024: RBI Keeps Repo Rate Unchanged at 6.5%
RBI's Monetary Policy Committee maintains repo rate at 6.5% in June 2024, aiming to balance economic growth and inflation control.
- Chetanya Rai
- 2 Min Read
RBI Transfers 100 Tonnes of Gold From UK to its Vaults in India: Report
RBI transfers 100 tonnes of gold from the UK to India, aiming to diversify storage and reduce overseas costs.
- Chetanya Rai
- 2 Min Read
RBI Launches Retail Direct Mobile App, PRAVAAH Portal and FinTech Repository. Details Here
RBI's Latest Innovations: Retail Direct Mobile App, PRAVAAH Portal, and FinTech Repository. Check out complete details here.
- Chetanya Rai
- 2 Min Read
Why has RBI fined ICICI Bank and YES Bank?
RBI fines ICICI Bank and YES Bank for regulatory violations. Details of penalties and reasons for non-compliance disclosed.
- Chetanya Rai
- 2 Min Read
Zomato Surrenders Payment Aggregator Licence
Zomato surrenders its RBI payment aggregator license, citing a lack of competitive advantage, but continues other payment operations.
- Nishtha Narang
- < 1 Min Read
Bank of Baroda’s BoB World is operative again
It is to be seen how RBI's ban impacted the bank's asset quality outlook, loan book traction, and so on; in the quarterly results.
- Nishtha Narang
- 2 Min Read
Paytm Payments Bank migrates bill pay business to Euronet India: What this means for you
The Reserve Bank of India’s action on Paytm Payments Bank in January is starting to show an impact across multiple businesses of the fintech.
- Nishtha Narang
- 2 Min Read
Commercial banks resist recommended project finance provisioning by RBI
The central bank aka RBI, in a draft proposal, has suggested keeping aside 5% of project loans as provisions to protect against defaults.