RBI
DHFL shares fall nearly 5 pc as RBI starts resolution process
Over 17 lakh shares of DHFL were traded on the NSE, while the BSE saw an exchange of 4.51 lakh shares.
India's GDP growth further dips to 4.5 pc in July-Sept
The Gross Domestic Product (GDP) growth was registered at 7 per cent in the corresponding quarter of 2018-19.
RBI sends DHFL to NCLT for resolution
The city-headquartered pureplay mortgage lender becomes the first NBFC/HFC to go for bankruptcy resolution.
RBI appoints 3-member advisory panel for DHFL
RBI superseded DHFL's board and placed company under an administrator in the wake of governance issues and severe liquidity crisis.
PMC case: 'Depositors can approach RBI admin for emergency withdrawals'
The apex bank also stated that a largescale wrongdoing has been found in the PMC bank.
NBFCs with Rs 500 cr assets can go for insolvency resolution
On Friday, the ministry notified the framework for dealing with systemically important FSPs, excluding banks.
'RBI to cut rates by 40 bps by Feb despite high inflation'
GDP growth plummeted to a six-year low of 5 per cent for the June quarter and is expected to come lower for the September quarter.
RBI becomes net buyer of dollars in Sept, bought USD 5.61 billion
RBI purchased USD 6.514 billion and sold USD 900 million in the spot market, according to a recent RBI data.
India's GDP likely to grow 5 per cent this fiscal: SBI report
India is also significantly lower in Economic Uncertainty Index when compared globally
RBI raises limit for borrowing from microfinance institutions
The limit has been increased from Rs 1.6 lakh for urban or semi-urban areas to Rs 2 lakh, the RBI said in a circular.