Reserve Bank of India
Economy
Misuse of asset reconstruction firms to fast track insolvency process: RBI
Asset reconstruction companies (ARCs) are being misused by "tainted" promoters to enter the bankruptcy process after leading their firms to ......
Finance
RBI cracks down on CDPQ-backed Edelweiss ARC, ECL Finance for rule violations
The Reserve Bank of India on Wednesday imposed restrictions on Edelweiss Asset Reconstruction Company Ltd and group company ECL Finance ......
Finance
Rupee bucks trend against declining Asian currencies, rises to 2-month high
The Indian rupee rose to a two-month peak on Friday, boosted by likely strong dollar inflows into domestic equities even as most ......
Finance
Catamaran-backed Innoviti gets payment aggregator licence
Payments-centric retail SaaS platform Innoviti has received the final authorisation from the Reserve Bank of India (RBI) to operate as ......
Finance
IIFL Finance shares plunge after RBI bars firm from offering gold loans
Shares of India's IIFL Finance fell 20% to the bottom of an exchange-mandated limit on Tuesday, a day after the ......
Finance
RBI asks Visa, Mastercard to stop B2B payments via fintech platforms
India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to ......
Finance
India rupee falls to lifetime low, notches weekly decline
The Indian rupee fell to a record low on Friday as a rebound in US Treasury yields pressured Asian currencies. The ......
Economy
RBI keeps repo rate unchanged, says inflation outlook clouded
The Reserve Bank of India's key lending rate was held steady at a fourth consecutive policy meeting on Friday, as ......
Finance
PE, VC funds halt investments after RBI rule change
Following a recent change in the Reserve Bank of India (RBI)’s regulations, venture capital and private equity funds have halted ......
Finance
PE, VC funds set up shadow investment committees as RBI rules delayed
Private equity (PE) and venture capital (VC) funds registered as alternative investment funds (AIFs) are forming shadow investment committees (IC) ......
