New Delhi, Feb. 18 -- The Reserve Bank of India has given the nod to Piramal Group led by billionaire Ajay Piramal for the takeover of Dewan Housing Finance Corporation Ltd (DHFL). The lenders are now... Read More
New Delhi, Feb. 17 -- Finance minister Nirmala Sitharaman and the Reserve Bank of India's (RBI's) board of directors on Tuesday discussed ways to exit the stimulus measures introduced to combat the ec... Read More
New Delhi, Feb. 16 -- Yields on 10-year bonds sold by some state governments rose to 7.08% on Tuesday as traders were concerned about the oversupply of paper given the central government's massive bor... Read More
Mumbai, Feb. 16 -- The Reserve Bank of India (RBI) Monday said it will simultaneously sell and purchase government securities (G-Secs) worth Rs.10,000 crore under open market operations (OMOs) on Febr... Read More
MUMBAI, Feb. 16 -- Finance minister Nirmala Sitharaman on Tuesday held a post-budget meeting with directors of the central board of Reserve Bank of India (RBI), outlining the main points of the Union ... Read More
New Delhi, Feb. 15 -- Non-banking finance companies (NBFCs) have asked for the same benefits as banks while the central bank looks to harmonize regulations for all lending institutions. These lenders ... Read More
Mumbai, Feb. 15 -- Non-banking finance companies (NBFCs) have asked for the same benefits as banks while the central bank looks to harmonize regulations for all lending institutions. These lenders hav... Read More
New Delhi, Feb. 15 -- The Reserve Bank of India (RBI) will simultaneously sell and purchase government securities under open market operations (OMOs) on 25 February it said on Monday. Typically, the c... Read More
New Delhi, Feb. 13 -- A day after the success of a special bond auction, the market on Friday saw the Rs.26,000 crore bond auction devolve, as the Reserve Bank of India decided not to pay the high yie... Read More
Mumbai, Feb. 11 -- The Reserve Bank of India on Thursday drove down the 10 year bond yield below 6% by forcing the market to accept a lower yield in a special auction of bonds. RBI had conducted the a... Read More