RBI

Finance

RBI to buy bonds worth Rs 20,000 crore

RBI to buy bonds worth Rs 20,000 crore through open market operations  The Reserve Bank of India (RBI) said on Monday it plans to buy bonds worth Rs 20,000 cror

Finance

RBI keeps repo rate unchanged at 4 pc

The marginal standing facility rate and the bank rate remain unchanged at 4.25 per cent  The Reserve Bank of India’s (RBI) Monetary Policy Committee has v

Business

RBI files application for bankruptcy proceedings against DHFL

Mumbai (Maharashtra) [India], Nov 30: The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan

Business

PMC Bank raises withdrawal limit for depositors to Rs 50,000

Mumbai (Maharashtra) [India], Nov 5: As angry depositors of Punjab and Maharashtra Cooperative (PMC) Bank took to streets on Tuesday in order to stage their pro

Business

Yes Bank gets binding offer of $1.2 billion, stock zooms by 30 pc

Mumbai (Maharashtra) [India], Oct 31: Private sector lender Yes Bank said on Thursday that it has received a 1.2 billion dollar (about Rs 8,520 crore) binding o

Business

India’s credit squeeze pushes growth to a six-year low: Fitch Ratings

London [Britain], Oct 25: The Indian economy is being held back by a large squeeze in credit availability emanating from non-bank financial companies (NBFCs), a

Business

Google Pay Questioned By Delhi HC; RBI To Reply By April 2

In its response to the petition, Google India said that as Google Pay operates as a technology service provider to its partner banks, to allow for payments thro

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