This decisive action comes in response to supervisory concerns identified during recent examinations, as per RBI release
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Last month, the heads of four European banks met with top RBI officials.
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In a regulatory filing to the stock exchanges, the financial services company said that the finalisation and the subsequent consideration and approval of the financial results for the quarter and year ended 31 March 2024, shall be extended beyond 30 May 2024.
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Major central banks are awaiting decisive signals of inflation easing and growth softening to cut rates
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The recent collapse of FTX and Binance exposed the limitations of the country specific rules/bans and grave risks they entail
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The OECD expects India to sustain real GDP growth through enhanced business confidence and substantial investments
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Hinduja in the driver's seat as RBI is likely to extend the payment deadline for them, since they had bid Rs 1200 crore more than Torrent Group
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The rating agency noted that the advisories being put out by the RBI concerning non-bank financial institutions (NBFIs) in the recent past have highlighted the compliance gaps in the sector
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Within days of its launch in the capital, the book has evoked strong emotions and critiques. Duvvuri Subbarao talks to BW Businessworld about both his book and its critics. Excerpts of a conversation with Madhumita Chakraborty
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While some eastern cities have been spared, many parts of the country are experiencing severe heatwaves, prompting people to avoid going out during the hottest hours of the day
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