As per a notification by the Reserve Bank of India (RBI), the conversion of existing foreign bank branches into Wholly-owned Subsidiaries (WoS) in India will not be liable...
RBI has decided to consider a case-to-case basis relaxation of the 50% group limit norm for NBFCs (Non-Banking Finance Companies) in the equity of insurance joint venture (JV)....
As per a notification by the Reserve Bank of India (RBI), banks have been directed charge customers for transaction SMS alerts on the basis of usage, instead of imposing...
As per a notification released by the Reserve Bank of India, the definition of infrastructure lending has been extended to include hotels with project costing more than Rs. 200 crore...
According to Reserve Bank of India (RBI), over $25 billion has been collected from special concessional swap windows for deposits by non-resident Indians and overseas foreign currency borrowings...
The Reserve Bank of India will launch CPI-indexed Inflation Indexed Bonds (IIBs) aimed at protecting the savings of retail investors from the impact of inflation by the end...
Legendary actress Waheeda Rehman will be conferred with the first Centanary Award for the Indian Film Personality at the 44th International Film Festival of India (IFFI) to be...
Some of the biggest banks in the world are facing investigation for their suspected involvement in rigging the Foreign Exchange (Forex) markets. Seven investigating agencies including UK’s Financial...
