Business Standard
A Reserve Bank working group has suggested that state governments should charge a minimum fee for guarantees extended by them on loans taken by their
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New account additions surged to 4.2 million in Dec 2023 vs. average monthly additions of 2.1 million in FY23.
Fundraising activity for funds located in India saw a 51% decline compared to a year ago and amounted to $6.6 billion in 2023.
The rupee reversed its nine-day upward movement and depreciated 11 paise to 82.97 against the US dollar in early trade on Tuesday, tracking a strong A
"The Reserve Bank of India will let the rupee appreciate only gradually," said Dhiraj Nim, economist and forex strategist at Australia & New Zealand B
While the data shows that the world had 71 new unicorns (21 in Asia), India contributed only two of them, as compared with CY22 when it had 22
Substantial time has elapsed since Government owned NBFCs were brought within the ambit of prudential regulations in May 2018
The revised fair lending practice, which prohibits banks and NBFCs from using penal charges on loan defaults as a revenue enhancement tool, will come
The Reserve Bank may shift the monetary policy stance to "neutral" by June and deliver rate cuts starting August this year, a Japanese brokerage said
The draft norms, which were released on Monday, said SRO-FTs should strive towards healthy and sustainable development of the fintech sector
S&P Global Ratings on Monday said it has raised long-term issuer credit rating on Vedanta Resources. The rating has been upgraded to 'CCC+' from 'sel
The central bank has also proposed the ceiling on public deposits held by HFCs be reduced to 1.5 times of net-owned funds from 3 times
Mahindra Group and global institutional investor Ontario Teachers' Pension Plan Board have co-sponsored an infrastructure investment trust (InvIT) hol
The body would work towards strengthening governance standards and addressing the sector's needs and challenges, the central bank said
Capital markets regulator Sebi on Monday proposed to provide flexibility to Alternative Investment Funds (AIFs), Venture Capital Funds (VCFs) and thei
The rupee strengthened for the ninth consecutive session to settle with a gain of 6 paise to 82.89 (provisional) against the US dollar on Monday, driv
India's macro-fundamentals strengthened even though it faced severe external shocks since 2020, Reserve Bank Monetary Policy Committee (MPC) member As
The highest mobilisation in 2023 came from All-India Financial Institutions and banks, accounting for Rs 4.71 trillion, representing a 29 per cent inc
In CY23 US, India & Japan have been the biggest recipients of foreign flows. Outflows were seen across Europe.
