RBI
- India
RBI cancels licence of MP-based Garha Co-operative Bank
Mumba: The Reserve Bank of India (RBI) on Monday cancelled licence of Garha Co-operative Bank, Guna in Madhya Pradesh as the lender does not have adequate capital and earning prospects. About 98.4…
- Business
RBI issues draft rules for lending, borrowing of govt securities
New Delhi: The Reserve Bank of India (RBI) on Friday issued draft guidelines for lending and borrowing government securities. It is aimed at improving liquidity and price discovery in the market. The…
- India
Adani row: Jairam Ramesh urges RBI, SEBI to probe allegations
New Delhi: Senior Congress leader Jairam Ramesh has written to the Reserve Bank of India (RBI) Governor Shaktikanta Das and Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and…
- India
Adani appoints Grant Thornton for audit to come clean on Hindenburg allegations
New Delhi: Embattled Adani group has appointed accountancy firm Grant Thornton for an independent audit of some of its companies in a bid to come clean of the damning allegations levelled by…
- Business
Retail inflation rises to three-month high of 6.52 pc in Jan
New Delhi: Retail inflation breached the RBI’s comfort zone and rose to a three-month high of 6.52 percent in January, mainly on account of a spike in food prices, as per government data…
- Business
RBI updates ‘Alert List’ of entities not authorised to deal in forex trading
Mumbai: The Reserve Bank on Friday updated its ‘Alert List’ for the public on unauthorised forex trading platforms to include names of entities/platforms/ websites which appear to be promoting such entities. In…
- India
Founder Nate Anderson says Hindenburg has never been banned
New Delhi: Nathan Anderson, the founder of Hindenburg Research whose damning report led to a USD 100 billion-plus rout in Adani Group shares, has said that his firm has never been banned,…
- India
Adani crisis: Banking sector resilient and stable, says RBI
Mumbai: Amid concerns over banks’ exposure to the embattled Adani Group, the Reserve Bank on Friday said India’s banking sector is resilient and stable, and the central bank maintains a constant vigil on…
- India
Hindenburg effect: RBI asks banks for exposure details of Adani Enterprises
The Reserve Bank of India (RBI) has asked for details from banks on their exposure to the Adani Group, several reports said on Thursday. The information being sought by the central bank…
- India
G20 meeting of financial architecture working group concludes
Chandigarh: A two-day meeting of the G20 International Financial Architecture Working Group concluded here on Tuesday with participants discussing issues pertaining to strengthening multilateral development banks and how to address challenges associated…