Kotak Mahindra Bank shares plummet following disappointing Q1 results Indian banks have been grappling with rising bad loans in the unsecured segment Kotak Mahindra Bank experienced its worst...
RBI set to tighten digital banking rules It could pose a setback to cross-selling financial products The Reserve Bank of India (RBI) has proposed new rules that will prohibit banks from...
RBI drops corrective action plan imposed on Religare Finvest It was implemented in January 2018, after observing irregularities in 2017 The Reserve Bank of India (RBI) has lifted the Corrective...
RBI penalizes Motiram Agrawal Jalna Merchants Co-op Bank for flouting rules Cites provisions of Section 47A(1)(c) and Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949 for the action ...
SBI labels Reliance Communications and Anil Ambani 'fraud' Set to lodge a complaint with the Central Bureau of Investigation The State Bank of India (SBI) has classified Reliance Communications...
Amid Stable Liquidity, RBI Junks VRR Auction Third Time In A Row The move signifies the central bank’s trust in the structure’s fluidity The Reserve Bank of India (RBI) has announced the...
SEBI Amends IndusInd Bank Order; Replaces ‘Board Note’ With ‘Engagement Note’ This was to clarify the nature of documents involved in the bank's internal dealings The Securities and Exchange...
Supreme Court Urges Centre To Form Clear Regulatory Framework For Cryptocurrencies India is developing a discussion paper and evaluating global norms related to the matter The Supreme Court has...
RBI Slaps Penalties On SBI And Jana Small Finance Bank For Compliance Breaches The Reserve Bank of India (RBI) has levied a monetary penalty of ₹1,72,80,000 on State Bank of India (SBI) for...
Delhi High Court refuses stay on Burmans’ open offer to acquire Religare’s additional 26 percent stakeThe bench also junks Bangkok-based minority investor’s plea to halt the company’s AGM on 07...
