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RBI takes delivery of $5 billion sell/buy swap it conducted 2 years ago: Report

Posted on March 19, 2024 by filesadmin

The Reserve Bank of India (RBI) reportedly did not roll over the US Dollar (USD) 5 billion sell/buy swap it

SIDBI eyeing ₹5,000 crore capital mop-up via rights issue in FY’25, says CMD Ramann

Posted on March 18, 2024 by filesadmin

SIDBI plans to raise capital to the tune of ₹5,000 crore next fiscal to fund its growth and would most

India’s forex reserves touch 2-year high, set to cross record levels

Posted on March 17, 2024 by filesadmin

India’s foreign exchange reserves are on their way to crossing their record-high levels, after increasing for the third straight time in

Many ARCs within striking distance of RBI’s revised NOF norm, say experts

Posted on March 17, 2024 by filesadmin

Most of the asset reconstruction companies (ARCs), barring two or three, will be able to meet the minimum net owned

RBI may move some NBFCs to the ‘top layer’ this year

Posted on March 16, 2024 by filesadmin

Nearly two years after introducing a revised regulatory framework for non-banking finance companies (NBFCs), the Reserve Bank of India is

Re-directing aggrieved customers to alternate grievance machinery not desirable: RBI Governor

Posted on March 16, 2024 by filesadmin

Re-directing aggrieved customers to the alternate grievance machinery of the Reserve Bank of India (RBI) ombudsman is not desirable, Governor

Kerala Financial Corporation raise ₹307 crore through NCD Issue

Posted on March 15, 2024 by filesadmin

Kerala Financial Corporation, a Thiruvananthapuram based Financial Institution, has successfully raised ₹307 crore by issuing Non-Convertible Debentures (NCDs). The 10-year

RBI reconstitutes Committee of Advisors for Abhyudaya Cooperative Bank

Posted on March 15, 2024 by filesadmin

The Reserve Bank of India has reconstituted the three-member Committee of Advisors of Abhyudaya Cooperative Bank Ltd, inducting Devendra Kumar

RBI imposes ₹1.40 cr monetary penalty on Bank of India

Posted on March 14, 2024 by filesadmin

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1.40 crore on Bank of India (BoI) for

RBI bars Federal Bank, South Indian Bank from issuing co-branded credit cards

Posted on March 13, 2024 by filesadmin

Reserve Bank of India has issued notices to Federal Bank and South Indian Bank to stop issuing new co-branded cards,

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