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RBI Enforces New Rules: Banks to Pay ₹100 Per Day if Complaints Remain Unresolved Beyond 30 Days
To strengthen consumer rights, the Reserve Bank of India (RBI) has introduced stringent measures against delays in addressing customer complaints. Banks and financial institutions failing to resolve ...
The Financial Express1h
RBI’s innovation arm, IIMA Ventures launch startup programme for women’s financial inclusion
The programme is currently inviting applications from startups working on gender-inclusive financial solutions, targeting ...
Jefferies hikes Manappuram Finance target price after RBI lifts curbs on arm Asirvad
Analysts at Jefferies raised their price target for Manappuram to Rs 190 but maintained a "hold" rating on the stock.
KredX secures licence from RBI to operate as a TReDS platform
KredX is the fifth company to secure this licence from the central bank. The other four are: Receivables Exchange of India ...
RBI Should Allow More Rupee Volatility, Ex-Central Banker Says
A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...
India's gold reserve shines as RBI adds 8 tonnes in Nov, second-biggest buyer in 2024: WGC report
According to the report, India stands at the second position in terms of addition to its gold reserve in 2024, behind Poland ...
Rupee slips to record low but likely RBI intervention caps losses
The Indian rupee slipped to an all-time low in early trade on Monday, pressured by broad-based dollar bids while likely ...
Manappuram Finance shares surge after RBI lifts ban on unit
Shares of gold loan financier Manappuram Finance rose as much as 6% on Thursday, a day after the RBI removed restrictions ...
Expect RBI to cut interest rates next month; Budget must focus on job creation: CII president
CII expects the RBI to cut interest rates next month to support growth. CII President Sanjiv Puri highlights the need for job ...