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Kotak can't pay dividend on preference shares, says RBI

New Delhi, Dec. 11 -- The Reserve Bank of India (RBI) has barred Kotak Mahindra Bank from paying dividend on perpetual non-cumulative preference shares (PNCPS) worth Rs.500 crore that it sold in 2018 ... Read More


Recovering growth, inflation put rates on hold

MUMBAI, Dec. 11 -- The Reserve Bank of India on Friday, 4 December, pledged to retain an accommodative policy stance well into the next financial year to support a nascent economic recovery. The cent... Read More


RBI asks Kotak Mahindra Bank not to pay dividend on PNCPS

Mumbai, Dec. 10 -- The Reserve Bank of India has restricted Kotak Mahindra Bank from paying dividend on perpetual non-cumulative preference shares (PNCPS) in accordance with its December 4 circular as... Read More


TLTRO extension to stressed sectors unlikely to find takers

New Delhi, Dec. 9 -- The Reserve Bank of India's (RBI's) recent move to extend the on-tap targeted long-term repo operations (TLTRO) to stressed sectors identified by the K.V. Kamath Committee is unli... Read More


Recovering growth, rising inflation put rates on hold

mumbai, Dec. 5 -- The Reserve Bank of India on Friday pledged to retain an accommodative policy stance well into the next financial year to support a nascent economic recovery. The central bank's mon... Read More


Recovering growth, rising inflation puts rates on hold

mumbai, Dec. 5 -- The Reserve Bank of India on Friday pledged to retain an accommodative policy stance well into the next financial year to support a nascent economic recovery. Central bank's monetary... Read More


Recovering growth, rising inflation put rates on hold

New Delhi, Dec. 4 -- The Reserve Bank of India on Friday pledged to retain an accommodative policy stance well into the next financial year to support a nascent economic recovery. The central bank's ... Read More


RBI will continue to maintain ample liquidity, says governor Das

New Delhi, Dec. 4 -- RBI governor Shaktikanta Das on Friday assured that the central bank will continue to maintain ample liquidity by using various instruments at the appropriate time. Speaking post ... Read More


RBI asks LVB to write off tier-2 bonds worth '318 cr

Mumbai, Dec. 4 -- After writing off the entire equity capital of Lakshmi Vilas Bank following its amalgamation with DBS Bank India, Reserve Bank of India has asked the ailing private sector lender to ... Read More


Lenders to accept bids for DHFL till 10 December

New Delhi, Dec. 4 -- Lenders to Dewan Housing Finance Corp. Ltd (DHFL) have extended the deadline for bidders to submit revised resolution plans, betting that a potential bidding war among the suitors... Read More