RBI gives nod to Piramal to take over DHFL

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

FM Sitharaman, RBI discuss ways to exit from stimulus

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

SDL yields rise over borrowing concerns

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

Fresh round of Operation Twist on February 25

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

FM Sitharaman holds post-budget meeting with RBI central board directors

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

NBFCs seek relaxations to new rules proposed by RBI

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

NBFCs seek relaxations to new rules proposed by RBI

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

RBI announces Operation Twist worth Rs10,000 crore

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

Bond sale devolves as market seeks high yields

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

Yield on 10 year G-sec falls back to below 6%

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

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