The Reserve Bank of India is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India. Read More
Even as mutual funds have been impatient regarding their dues from crisis-hit DHFL, which will soon go the insolvency way, legal experts say that it is unlikely that the funds would be the first in the list of creditors to get back their dues. ...
In a bid to help the real estate companies access hurdle free funding without having the NPA tag and complete the unfinished projects, RBI is likely to consider proposals from finance ministry and Prime Minister's Office to let the banks take the dec ...
The gross non-performing assets (NPAs) of scheduled commercial banks (SCBs) have declined by nearly Rs 98,000 crore to Rs 9.38 lakh crore by June-end this year, Minister of State for Finance Anurag Thakur informed the Lok Sabha on Monday. ...
In a detailed affidavit filed before the Bombay High Court on Tuesday, the Reserve Bank of India (RBI) has virtually admitted that it was 'cheated' by the management of the scam-hit Punjab & Maharashtra Cooperative (PMC) Bank. ...
In a detailed affidavit filed before the Bombay High Court on Tuesday, the Reserve Bank of India (RBI) has virtually admitted that it was 'fooled' by the management of the scam-hit Punjab & Maharashtra Cooperative (PMC) Bank. ...
Amid protests by over 200 depositors of Punjab & Maharashtra Cooperative Bank Ltd, the Reserve Bank of India on Tuesday filed its affidavit in the matter before the Bombay High Court, a lawyer said. ...
