Tag: RBI

RBI nod for I-Pru AMC and I-Pru Life to acquire 9.95% stake in RBL Bank

The Reserve Bank of India has accorded its approval to ICICI Prudential Asset Management Company Ltd. (I-Pru AMC) and ICICI

Unusually high spurt in certain select activities such as crypto currency trades, equity derivatives and online gaming such as teen patti, rummy,

Speaking on the issue of increasing interconectedness between banks and NBFCs, RBI Deputy Governor Swaminathan J said on Thursday that

India’s foreign exchange reserves increased by $4.471 billion to $620.441 billion in the week ending December 22, 2023, hitting a

Regulated entities (REs) and their Internal Ombudsmen (IOs) should ensure that a final decision is communicated to customers within a

The Reserve Bank of India has fixed a price of ₹6,331 per unit for premature redemption of two tranches of

Liquidity tightness in the banking system forced banks to place bids aggregating over ₹3-lakh crore crore at the 7-day variable

Investments for insurance companies are highly regulated and life insurers should be allowed more investment classes to enhance their liquidity,

State Bank of India (SBI) and HDFC Bank, both domestic systemically important banks (D-SIBs), will be required to set aside

None of the top 100 borrower accounts were in the NPA (non-performing asset) category for scheduled commercial banks (SCBs) as at