Yes Bank has breathed a sigh of relief as it was under pressure last year to bring in a new CEO along with coherent methods by the RBI to tackle domestic banks’... Read more »
The Reserve Bank’s restructuring initiative for small businesses announced last month will help recast Rs 1 trillion of loans for 700,000 eligible micro, small and medium enterprises, said a top government official.... Read more »
On February 7, the Reserve Bank of India (RBI) lowered the repo rate by 0.25 percentage points to 6.25 percent. The repo rate is the rate at which banks borrow from the... Read more »
The US with its strong dollar, rising oil prices and steady U.S. Treasury yields is holding on to recent gains. It however, put pressure on emerging markets on Monday, with their currencies... Read more »
Among the most accomplished of business groups in Maharashtra, the Kirloskar’s have been facing some turbulence among its family members. As reported by the Economic Times recently, it has emerged that the... Read more »
The National Stock Exchange and the Bombay Stock Exchange have launched electronic platforms for tripartite repurchase agreements (repo) in corporate bonds, which is expected to improve the liquidity of, and investor appetite... Read more »
Noting that the earlier fall of the rupee to a record low in 2013 had prompted extraordinary measures from the RBI, Interim Finance Minister Piyush Goyal on Friday sought to play down... Read more »