Axis Bank likely to raise Rs 35,000 crore for funding business growth
Private sector lender Axis Bank is planning to raise Rs 35,000 crore debt instrument, including in foreign currency, in a…
27 APR 2019
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Disclose information on bank inspection reports under RTI: SC directs RBI
The Supreme Court of India said that the Reserve Bank of India was “duty bound” to reveal its annual inspection…
26 APR 2019
Home sales decline despite rising project launches, sluggish prices
Five out of eight top cities reported a fall in home sales in the March quarter, with the highest drop,…
26 APR 2019
28% of consumer complaints received are about digital payments, says RBI
About 28 percent of the complaints reported by the consumers to the Reserve Bank of India (RBI) are about digital…
26 APR 2019
RBI expands ombudsman scheme to non-deposit taking NBFCs
For speedy redressal of complaints against dearth of services regarding loans and other matters, the Reserve Bank of India (RBI)…
26 APR 2019
RBI gives final nod to eMandate for auto-debits by fintech firms
The Reserve Bank of India has given final nod to electronic mandates via both debit cards as well as netbanking…
26 APR 2019
RBI exits National Housing Bank and NABARD, sells stake to Govt for Rs 1,470 crore
Making the National Housing Bank (NHB) and the National Bank for Agriculture & Rural Development (NABARD) fully government-owned entities, the…
25 APR 2019
RBI reserves panel expected to submit report by June end: Official
The government panel constituted to frame the guidelines for the transfer of the RBI’s surplus reserves is most likely to…
25 APR 2019
Finance Ministry introduces changes in e-way bill system to check GST evasion
In a bid to put a check on GST evasions, the Union Ministry of Finance has introduced certain changes in…
25 APR 2019
Karnam Sekar appointed as Indian Overseas Bank’s new MD & CEO
Dena Bank’s former Managing Director Karnam Sekar has been appointed as the new Managing Director and Chief Executive Officer of…
24 APR 2019
