Quite a few companies that failed to get a banking licence from the Reserve Bank of India (RBI) are going back to the drawing board…
Debenture redemption reserve blow to NBFCs
The new companies law has come into effect from 1 April. Section 71(4) of the law requires every company that issues debentures to create a…
RBI will act on data surprises that are durable: Raghuram Rajan
Mumbai: Reserve Bank of India (RBI) governor Raghuram Rajan is hopeful that with interest rates at their current levels, the central bank will be able…
Is this the end of the rate tightening cycle for RBI?
For a change, Reserve Bank of India (RBI) governor Raghuram Rajan’s first bi-monthly monetary policy for fiscal 2015 was shorn of any surprises—both the policy…
Everything you want to know about new bank licences
Now that the Election Commission (EC) has given its nod to the Reserve Bank of India (RBI) to go ahead with its plan of issuing…
RBI may hold interest rates for now, but tightening cycle isn’t over
In early March, addressing the Fixed Income Money Market and Derivatives Association of India-Primary Dealers Association of India annual conference, Reserve Bank of India (RBI)…
How to grow the bad loan market
Saddled with a pile of bad assets, the nation’s largest lender State Bank of India (SBI) is auctioning around Rs.4,000 crore of its Rs.67,799 crore…
How many new banks will get RBI’s nod?
The Reserve Bank of India (RBI) seems ready to issue in-principle licences to a third set of new banks in the world’s tenth largest economy…