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RBI notifies amended FEMA regulations on overseas listing

Govt had permitted direct listing of securities by Indian companies on international exchanges of GIFT IFSC New Delhi: The Reserve Bank has notified...

RBI bars Kotak Mahindra Bank from onboarding customers online

For two consecutive years, the bank was assessed to be deficient in IT Risk Mumbai: Cracking down on repeated non-compliance of IT norms, the RBI...

PayU gets RBI’s in-principle nod to operate as payment aggregator

In January 2023, RBI had returned applications of PayU New Delhi: Fintech firm PayU has received an in-principle approval from the Reserve Bank to...

High-interest rates sacrifice growth: MPC member

New Delhi: Professor Jayanth R Varma, one of the six members of the Reserve Bank of India's (RBI) monetary policy committee, voted to reduce...

FY25 state borrowing will raise vexatious questions

Market borrowing fails to follow RBI calendar CL Jose THIRUVANANTHAPURAM: Kerala is embarking on its market borrowing exercise for the current financial year 2024-25 (FY25) with...

India not reaping benefits of demographic dividend: Raghuram Rajan

`So many billions going to subsidise chip manufacturing' Washington: India is not reaping the benefits of demographic dividends, former RBI governor Raghuram Rajan said...

India may still remain poor even after becoming 3rd largest economy:...

India is poorest among BRICS and G-20 nations Hyderabad: Even after becoming the third largest economy in the world by 2029 as envisaged by...

No `hidden charges’ for borrowing from October 1

RBI asks lenders to disclose all charges to borrowers Mumbai: All lenders will have to provide key facts statement (KFS) about the loan...

Kotak Mahindra Bank customers face troubles

Customers faced difficulties in completing transactions Mumbai: Kotak Mahindra Bank customers on Monday reported difficulties in accessing banking services for over 11 hours due...

Retail inflation eases to 5-month low

4.85% in March inches close to RBI's target New Delhi: Retail inflation declined to a five-month low of 4.85 per cent in March mainly due...
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