India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans or allowing the withdrawal of deposits due to supervisory concerns.
This comes after the close of the bank's business on Thurs3, 2025. The restrictions would continue for a six month period, ...
RBI’s action was necessitated due to certain material concerns emanating from poor governance standards observed in the ...
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India’s central bank cuts rates for first time in nearly 5 years; signals less restrictive approachMUMBAI -- The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and ...
India's new central bank chief Sanjay Malhotra is likely to take a growth-supportive approach over the next few months, as he ...
India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day ...
Zulia Investments, a unit of Singapore's state-owned investment firm Temasek, had a 1.37% stake in the lender as of ...
RBI allows SEBI-registered non-bank brokers to access NDS-OM for government securities trading, while forming a working group ...
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to ...
The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, ...
The Reserve Bank of India (RBI) is set to infuse a record 2.50 trillion rupees ($28.85 billion) into the banking system ...
India's central bank on Wednesday surprised markets by announcing another liquidity infusion this week as it aims to inject ...
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