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Reserve Bank Of India (rbi)
Business  /  Published 23.11.21

Staggered payout in PMC rescue plan

The Reserve Bank of India (RBI) on Monday announced a draft amalgamation scheme of Punjab and Maharashtra Cooperative (PMC) Bank with Unity Small Finance Bank Ltd (USFB), which has been promoted by Ce...
By Our Special Correspondent in Mumbai

Opinion  /  Published 22.11.21

Mint craze: cryptocurrencies

Cryptocurrencies have recently become a craze in India, with people looking at them as an easy opportunity to make money. Cryptocurrencies have been around since 2009 and the amount mined, the types o...
By The Editorial Board

Business  /  Published 19.11.21

Srei firms face joint IBC suit

Financial creditors of two non-bank finance companies of the Srei group — Srei Infrastructure Finance (SIFL) and Srei Equipment Finance (SEFL) — may evaluate the prospect of a consolidated...
By A Staff Reporter in Calcutta

Business  /  Published 19.11.21

RBI eye on lending apps

A Reserve Bank of India (RBI) working group has recommended a central legislation to prevent illegal lending activities through apps after its study revealed an astonishing fact that more than 50 per ...
By Our Special Correspondent in Mumbai

Business  /  Published 17.11.21

RBI sees strong recovery signs

Reserve Bank governor Shaktikanta Das on Tuesday said the economy is gradually recovering from the pandemic, which is evident from the numerous high-frequency indicators. India has the potential to g...
By Our Special Correspondent in Mumbai

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Business  /  Published 16.11.21

RBI report sees uneven recovery

The Reserve Bank of India (RBI) on Monday said monetary and credit conditions were conducive for a durable economic recovery in the country. However, the central bank cited multiple challenges on the...
By Our Special Correspondent in Mumbai

Business  /  Published 15.11.21

Hemant Kanoria relives Srei journey

For Hemant Kanoria, the founder of Calcutta-based non-bank finance companies  — Srei Infrastructure Finance and Srei Equipment Finance — retirement has come a year early. Kanoria, who...
By Pinak Ghosh in Calcutta

Business  /  Published 13.11.21

Inflation up, output slackens

The Narendra Modi government suffered a double whammy on Friday with retail inflation rising to 4.48 per cent in October due to a spike in global crude prices and industrial production slowing to 3.1 ...
By Our Special Correspondent in New Delhi

Business  /  Published 13.11.21

RBI tightens norms on bad assets

The Reserve Bank on Friday tightened the norms for recognition of dud assets and directed lenders not to standardise an NPA account after getting only interest payment as well as to mandatorily mentio...
By PTI in Mumbai

Business  /  Published 11.11.21

Onus on fuel duty cut to ease price worry

The hike in input costs along with rising crude oil prices are a source of worry on the inflation front but the recent fuel duty cuts should soften the price pressures, the finance ministry said on We...
By Our Special Correspondent in New Delhi


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