The Reserve Bank has lifted all restrictions it placed on Kotak Mahindra Bank. On April 24 last year, the RBI imposed certain business restrictions on the private lender. The bank was directed to ...

Food inflation, which has been the key reason for the elevated inflation so far this financial year, eased to 6.02% in ...

Karnataka Governor Thaawarchand Gehlot has approved a new ordinance aimed at regulating Microfinance Institutions (MFIs) following concerns over their coercive practices. This legislation, set to ...

India's central bank on Wednesday lifted restrictions on Kotak Mahindra Bank that had barred the lender from onboarding new ...

Vodafone Idea, says Akshaya Moondra, has restarted discussions with banks for debt-funding but banks are also looking at some ...

A businessman fell victim to a fraudulent scheme promising access to Rs 15 lakh crore stuck in the Reserve Bank of India, losing Rs 37.5 lakh in the process. The Central Crime Branch has cracked the ...

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday. Experts anticipate that the central ...

The RBI has also entered into local currency settlement system arrangements with select trade partner countries like the UAE, ...

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...

The government did not announce any reforms to stimulate the economy, but you might counter with the 0% tax up to 12 lakhs. Let’s rework the numbers: 2.5% of the total taxable population falls within ...