Showing results for "#RBI"
TCS shares tank over 3 pc after Tata Sons divests 0.65 pc stake
TCS shares tumbled 3.30 per cent to a low of Rs 4,015.65 apiece on the NSE. On the BSE, the stock plunged 3.15 per cent to Rs 4,014 per piece,...
NHAI: Buy other banks’ FASTag by tomorrow
NHAI also advised Paytm FASTag users to reach out to their respective banks or refer to the FAQs provided on the Indian Highway Management Company...
RBI slaps fines on Bank of India & Bandhan Bank for breach of rules
The RBI said that the penalties were based on supervisory findings of non-compliance with regulatory instructions/ statutory provisions after...
India’s forex kitty shoots up by $6.55 billion
The country’s foreign exchange reserves had increased by $2.98 billion to $619.07 billion in the preceding week ending February 23.
Rising asset-quality risk on credit cards, dependence on fintechs for...
The RBI's concerns are already manifesting via rising delinquencies across card players.
Fairfax India to pump $200 mn into IIFL Finance
This comes after the RBI barred the non-bank lender from disbursing gold loans
RBI asks banks to allow customers to choose cards from multiple...
The central bank also asked issuers of credit cards not to enter into any arrangement or agreement with card networks that restrain customers from...
RBI's punitive actions will keep NBFCs on the edge
The RBI’s recent action clearly indicates that it has zero tolerance for persistent regulatory non-compliance/mis-governance.