The city-headquartered pureplay mortgage lender becomes the first NBFC/HFC to go for bankruptcy resolution.
29 Nov 2019 4:22 PM
RBI superseded DHFL's board and placed company under an administrator in the wake of governance issues and severe liquidity crisis.
22 Nov 2019 3:02 PM
The apex bank also stated that a largescale wrongdoing has been found in the PMC bank.
19 Nov 2019 4:19 PM
On Friday, the ministry notified the framework for dealing with systemically important FSPs, excluding banks.
19 Nov 2019 9:35 AM
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.
14 Nov 2019 4:04 PM
RBI purchased USD 6.514 billion and sold USD 900 million in the spot market, according to a recent RBI data.
13 Nov 2019 9:33 AM
India is also significantly lower in Economic Uncertainty Index when compared globally
12 Nov 2019 5:08 PM
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.
08 Nov 2019 8:28 PM
Vegetable prices, particularly that of onions and tomatoes, will contribute significantly to the rise in inflation.
08 Nov 2019 11:00 AM
The apex bank enhanced the cash withdrawal limit to Rs 50,000 per account.
07 Nov 2019 3:47 PM
On Tuesday, the RBI increased the withdrawal limit from the bank's customers to Rs 50,000.
06 Nov 2019 3:44 PM
With the above relaxation, more than 78 per cent of the depositors of the bank will be able to withdraw their entire account balance.
05 Nov 2019 6:30 PM
The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.
04 Nov 2019 2:43 PM
Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.
02 Nov 2019 12:27 PM
The decision has been take in consultation with the RBI, the Sebi said in a circular.
31 Oct 2019 5:43 PM
Five persons, including HDIL promoters and bank's top management, have been arrested.
29 Oct 2019 5:48 PM
The value of the gold reserves increased by USD 82 million to USD 26.861 billion for the week, the RBI said.
25 Oct 2019 7:55 PM
A modest overshoot in recent inflation outruns is outweighed by downside risks to RBI's growth estimates.
24 Oct 2019 1:10 PM
New Zealand, Singapore and Hong Kong topped the list this year.
24 Oct 2019 8:13 AM
The victim, Murlidhar Dharra, 83, had as much as Rs 80 lakh in deposits with PMC Bank but could not withdraw money due to RBI curbs.
19 Oct 2019 8:52 AM