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Reserve Bank Of India (rbi)
Business  /  Published 01.12.21

Advisers picked for Reliance Capital

The Reserve Bank of India (RBI) on Tuesday  moved quickly towards the process of finding a resolution for Reliance Capital Ltd (RCL) whose board was superseded on Monday. The regulator appointed ...
By Our Special Correspondent in Mumbai

Business  /  Published 01.12.21

Crypto bill to be tabled

Finance minister Nirmala Sitharaman on Tuesday said the government is working out a new bill on cryptocurrency which will be placed in the ongoing session of Parliament after approval of the Union Cab...
By PTI in New Delhi

Business  /  Published 30.11.21

LIC allowed to hike Kotak Bank stake

Kotak Mahindra Bank on Monday said that Life Insurance Corporation (LIC) has received permission from the Reserve Bank of India to raise its stake in the private sector lender to 9.99 per cent. The l...
By Our Special Correspondent in Mumbai

Business  /  Published 30.11.21

No plan to recognise bitcoin as currency

The government in its first terse statement on cryptocurrencies in Parliament said there was no move to recognise Bitcoin as a currency. “No, sir,” finance minister Nirmala Sitharaman sai...
By Our Special Correspondent in New Delhi

Business  /  Published 29.11.21

RBI supersedes Reliance Capital board

The Reserve Bank on Monday superseded the board of Anil Ambani promoted Reliance Capital Ltd (RCL) and will shortly initiate bankruptcy proceedings against the debt-ridden NBFC in view of payment defa...
By Our Bureau, PTI in Mumbai

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Business  /  Published 27.11.21

26% cap on bank promoter stake

The Reserve Bank of India has raised the ceiling for long-run promoters’ holding in banks at 26 per cent of the paid-up equity share capital from 15 per cent earlier but ducked a decision on a c...
By Our Special Correspondent in Mumbai

Opinion  /  Published 26.11.21

Two sides of the same bitcoin

In a barter economy, someone requiring meat needed to locate a person who not only wanted some object for intake but also had surplus meat. Such challenges were done away with when money became the un...
By Siddhartha Sankar Saha

Business  /  Published 25.11.21

Proposal to set up full digital banks

The Niti Aayog on Wednesday proposed the setting up of full-stack “digital banks” which would principally rely on the internet and other proximate channels to offer their services and not ...
By Our Special Correspondent in Mumbai

Business  /  Published 24.11.21

Most cryptos face ban

The government is likely to bring a Bill in the ensuing Winter session of Parliament to bar all but a few private cryptocurrencies and create a framework to regulate digital currency issued by the RBI...
By PTI in New Delhi

India  /  Published 23.11.21

New bill to block private cryptocurrencies

The government is likely to bring a bill in the ensuing winter session of Parliament to bar all but a few private cryptocurrencies and create a framework to regulate digital currency issued by the RBI...
By Our Bureau, PTI in New Delhi


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