The Central Bank of Malaysia is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya, its main purpose is to issue currency, act as banker and adviser to the government of Malaysia and regulate the country's financial institutions, credit system and monetary policy. Read More
The Sensex advanced nearly 200 points on Wednesday but further gains were capped as investors held their bets ahead of the release of GDP numbers later in the day. The Sensex closed at 41,021 while the Nifty settled at 12,101. ...
Selling intensified towards the closing bell on Friday after markets digested Moody's downgrade of India's sovereign outlook from 'stable' to 'negative' citing increasing risks to the country's economic growth. ...
IDBI Bank has declared Vijay Mallya a wilful defaulter and issued a public notice on Wednesday with his old passport size photograph for default on payments worth Rs 1,566 crore in respect to Kingfisher Airlines. ...
The family of Santosh Kumar Bagla has sought the cancellation of the banking licence of Kotak Mahindra Bank Ltd for its role in a scam of forgery of documents. ...
The Mumbai Police's Economic Offences Wing (EOW) on Wednesday said Punjab & Maharashtra Cooperative Bank Ltd scam prime accused and its ex-chairman S. Waryam Singh is not cooperating with the probey. ...