Advertisement


Reserve Bank Of India
Business  /  Published 28.11.20

Bounce back looks brittle

The Indian economy has officially plunged into recession but the contraction in the economy at 7.5 per cent in the second quarter has been less than feared, generating expectations of a quick revival ...
By Our Special Correspondent in New Delhi

Business  /  Published 27.11.20

Act on loan interest decision: SC to Centre

The Supreme Court on Friday asked the Union government to ensure that all steps are taken for the implementation of its decision to let go of interest on eight specified categories of loans paid upto ...
By Our Bureau, Agencies in New Delhi

Business  /  Published 27.11.20

Cronyism in banking feared

The RBI working group’s proposal to allow corporate houses to set up banks is a ‘good-looking’ step in a ‘bad direction’ and may lead to crony capitalism and eventual fin...
By PTI in New Delhi

Business  /  Published 27.11.20

Kapil Wadhawan at NCLT door

Kapil Wadhawan, the erstwhile promoter of Dewan Housing Finance Ltd (DHFL), has filed a petition in the National Company Law Tribunal (NCLT) seeking access to meetings of DHFL’s committee of cre...
By Our Special Correspondent in Mumbai

Business  /  Published 27.11.20

Fault lines in bond market

Reserve Bank of India governor Shaktikanta Das has said that a lot of imperfections have crept into the Indian bond market that the regulator needs to weed out before it can emerge as a vibrant altern...
By Our Special Correspondent in Mumbai

Business  /  Published 27.11.20

Tier-II bonds written off

It’s not only the equity shares of Lakshmi Vilas Bank (LVB) that are being written down: there was bad news for those who had invested in the Tier II bonds of the lender as the Reserve Bank of I...
By Our Special Correspondent in Mumbai

Business  /  Published 27.11.20

Court refuses to stay LVB merger

The Bombay High Court has refused to stay the hastily-crafted amalgamation scheme under which Lakshmi Vilas Bank (LVB) is being folded into DBS Bank of India that comes into effect on Friday. Certain ...
By Our Bureau in Mumbai

Business  /  Published 26.11.20

Economy: India recovered better than expected

India’s economy has recovered stronger than what was expected from the preliminary impact of the Covid-19 pandemic, Reserve Bank of India (RBI) governor Shaktikanta Das said on Thursday. However...
By Our Bureau, Agencies in New Delhi

Business  /  Published 26.11.20

Muthoot bid for IDBI MF rejected

The RBI has shot down the proposal of Muthoot Finance to acquire IDBI Bank’s mutual fund business.  According to the central bank, sponsoring a mutual fund is not in consonance with the ac...
By Our Special Correspondent in Mumbai

Business  /  Published 26.11.20

Cabinet nod to LVB merger

The merger of Lakshmi Vilas Bank (LVB) with the Indian subsidiary of Singapore-based DBS Bank received the Union cabinet’s approval on Wednesday, following which the RBI said the curbs on the wi...
By Our Special Correspondent in New Delhi


Advertisement

Download our latest App

to get update on the go...

Advertisement

Advertisement
 
Copyright © 2020 The Telegraph. All rights reserved.