RBI penalizes L&T Finance with Rs 2.5 crore fine for non-compliance

Oct 21, 2023

According to a press release issued by RBI, this action follows non-compliance with specific provisions of the Non-Banking Financial Company - Systemically Important Non-Deposit...

Indian stock indices steady, rupee appreciates in early trade

Nov 07, 2022

The rupee opened at 82.11 versus Friday's closing of 82.44 per US dollar.

India, UAE in talks for rupee-dirham denominated bilateral trade

Nov 25, 2022

India and UAE are in talks for a Rupee-Dirham-denominated bilateral trade.

Even with potential cut in repo rate, bank deposit rates unlikely to be lowered: Report

Oct 16, 2024

A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are...

ED attaches Rs 1.12 crore property in Algo Academy case

Aug 08, 2022

New Delhi [India], August 8 : The Directorate of Enforcement (ED) has provisionally attached moveable properties worth Rs 1.12 crore in the form of...

Equity indices decline in opening session, Sensex down over 400 points

Jun 29, 2022

New Delhi [India], June 29 : Domestic equity indices declined substantially in the opening session of Wednesday due to consistent depreciation of rupee, foreign...