According to a statement issued by the RBI, the above action is necessitated due to certain material concerns emanating from poor governance...
The recent major issue at UCO Bank and rapidly rising cases of bank fraud occurring on a daily basis have forced the...
NEW DELHI: Days after the problems at UCO Bank and multiple instances of frauds on a daily basis, the finance ministry and...
The warned entities are neither authorized to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) nor authorized to operate...
The Reserve Bank of India has imposed a penalty of Rs 5 crore on Citibank, Rs 4.34 crore on Bank of Baroda,...
NEW DELHI: In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth of consumer credit, the Reserve...
India’s retail inflation eased to a three-month low of 5.02% in September on the back of softer vegetable prices, higher than the...
The move comes within a month of RBI Governor Shaktikanta Das flagging concerns over a high growth seen in consumer credit segment....
The Indian economy is seen to have maintained its growth momentum in the second quarter of financial year 2023-24 (Q2FY24) and is...
Alternative Investment Funds (AIFs) represent a sophisticated investment avenue tailored for High Net Worth Individuals (HNIs), family offices, institutional investors, and other...