NewsBytes21h
RBI reviewing derivative positions of banks after IndusInd's forex fiasco
After the discrepancies were revealed, IndusInd Bank's stock fell over 27%. Chairman Ashok Hinduja assured investors that he ...
The Financial Express1d
RBI initiates review of derivative positions of private and public sector banks after IndusInd fiasco: Reports
The Reserve Bank of India has begun a review of derivative books of both private and state-owned banks, according to sources.
The Week2h
Good news for borrowers: With inflation under control, RBI likely to cut interest rates further by up to 75 bps
As the country's CPI inflation eases, the Reserve Bank of India is expected to cut interest rates in the coming months ...
RBI tweaks banks' lending norms, pushes NBFCs to modify funding strategy
NBFCs may shift funding strategy as RBI eases bank lending norms, reducing risk weight on microfinance loans. Banks are ...
Is RBI's CBDC initiative just another digital mirage?
Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster ...
India Inc files ECB intents worth $4 billion with RBI in January 2025
NMDC Data Centre Private Ltd filed ECB papers to raise $175 million with a maturity period of three years for local sourcing ...
IndusInd Bank: RBI stepped in after lender delayed provisioning by a year, says report
The stock crashed over 27 percent on March 11 after the bank said it found some discrepancies in its forex derivative ...
Indian non-bank lenders to tweak funding mix after RBI relaxes banks' lending norms
Indian non-banking financial companies (NBFCs) are likely to tweak their funding pattern in the upcoming financial year, as the Reserve Bank of India's relaxation of some lending norms could nudge ...