The Enforcement Directorate (ED) has provisionally attached immovable properties worth Rs 13 crore belonging to the directors of M/s Spectra Industries Limited (SIL) and others under the Prevention of ...

A recent economic discussion program on a major television channel hosted a panel that included two economists, a representative of the SME sector and three Members of Parliament, one of whom is a ...

New India Co-operative Bank fraud case emerged as a former general manager of the bank, Hitesh Pravinchand Mehta, was allegedly found involved in siphoning ₹122 crore from the lender. The authorities ...

Mumbai: New India Cooperative Bank's former CEO, during whose tenure Rs 122 crore of the bank's deposits were misappropriated ...

India's forex reserves dipped $2.5 billion. RBI releases India's forex reserves' data every Friday, closely monitoring the ...

The RBI has injected over Rs. 3.6 trillion of durable liquidity into the banking system so far through a combination of OMO ...

Former RBI Governor D Subbarao accepts responsibility for NPAs, discusses FIT model effectiveness and balancing growth with inflation.

The RBI’s unified lending interface has facilitated 6 lakh loans of Rs 27,000 crore as of December 6 last year, Rao said, ...

Russia could agree to using $300 billion of sovereign assets frozen in Europe for reconstruction in Ukraine but will insist that part of the money is spent on the one-fifth of the ...

This marks the largest-ever dollar/rupee swap auction by the RBI. The move comes amid an ongoing liquidity deficit in the ...

India’s central bank, the Reserve Bank of India (RBI), on Friday, February 21, announced that they have decided to conduct a ...

Reserve Bank Governor Sanjay Malhotra opined that rate reduction was an appropriate monetary policy response at this juncture citing movement of inflation towards the central bank’s 4 per cent target, ...