India central bank to help rupee contend with soaring US yields
The Indian rupee is likely to open nearly unchanged on Tuesday and trade in a narrow range amid expectations that the country's central bank intervention will offset the impact of a jump in the U.S. Treasury yields.
India’s Central Bank Moving Closer to Rate Cut
India’s new monetary policy committee may lay the ground for an interest rate cut on Wednesday as a wave of global easing kicks off and growth in the world’s fastest-expanding major economy moderates.
RBI Lifts Restrictions on JM Financial Products on Financing Against Shares, Debentures
On March 5, the RBI barred JM Financial Products Ltd (JMFPL) from giving loans against shares and debentures, including sanction and disbursal of loans for initial public offering (IPO) of shares with immediate effect.
India's central bank lifts restrictions on JM Financial's non-banking unit
JM Financial said on Friday that the Reserve Bank of India has lifted the ban on one of its units, allowing it to resume financing activities related to shares and debentures, including providing loans for IPO subscriptions.
RBI lifts restrictions on JM Financial's financing against shares, debentures
JM Financial Limited announced today that the Reserve Bank of India ( RBI ) has lifted the restrictions placed on its subsidiary, JM Financial Products Ltd (JMFPL), regarding financing against shares and debentures.
Deccan Herald17h
Reserve Bank of India sold $6.49 billion in spot forex market in August
Mumbai: The Reserve Bank of India (RBI) sold $6.49 billion, on a net basis, in the spot foreign exchange market in August, ...
India cenbank bars four non-bank lenders from issuing loans for breaching norms
India's central bank barred four non-bank finance companies (NBFCs) from sanctioning and disbursing loans due to "usurious" ...
The Korea Times on MSN1d
KB Kookmin Bank expands presence in India with new branches in Chennai, Pune
KB Kookmin Bank announced that it is opening new branches in Chennai and Pune, two of India's major economic hubs, on Monday.
Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
RBI NBFCs lending practices Morgan Stanley Asirvad Microfinance Fair Practices Code microfinance institutions Shaktikanta Das ...
India's exports of software services up 2.8% in FY24
Reserve Bank of India (RBI) has released the data related to the 2023-24 round of its annual survey on computer software and information technology enabled services (ITES) exports. The survey collects ...
Wall Street Journal19d
Reserve Bank of India Unlikely to Kick Off Easing Cycle
Despite a few high-frequency indicators showing moderation in activity levels, they think the Reserve Bank of India will stress growth is resilient and that allows space to focus on inflation.
Hindustan Times12d
reserve bank of india
RBI retains benchmark rate at 6.5% while projecting inflation to ease, with potential rate cut anticipated in December, contingent on food prices.
Forbes21d
Fossil Fuel Dominance Of India’s Power Mix To End By 2030, Says Central Bank
In its latest report, the Reserve Bank of India noted: "The era of fossil fuels' dominance is coming to an end with renewables expected to cross 50% share of electricity generation globally by ...
India.com24d
Reserve Bank Of India IFSC and MICR Codes
List of Reserve Bank Of India IFSC codes, MICR codes for all branches in India state wise including addresses Select Bank Abhyudaya Coop Bank Abu Dhabi Commercial Bank Aditya Birla Idea ...
India’s central bank orders Sachin Bansal’s Navi to halt loans
India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, ...