Mumbai, June 29 -- State Bank of India (SBI) has raised $300 million by issuing three-year senior unsecured floating-rate notes through its London branch, becoming one of the first large state-owned l... Read More
Mumbai, June 29 -- Two private-sector lenders saw their chief financial officers resign within a day of each other. Axis Bank's CFO Puneet Sharma quit on Sunday to pursue the next phase of his profess... Read More
Mumbai, June 25 -- The Reserve Bank of India (RBI) on Thursday proposed allowing a wider set of market participants, including non-banking financial companies (NBFCs), housing finance companies (HFCs)... Read More
Mumbai, June 25 -- The 'colour' of money is set to literally determine how much interest depositors earn, as banks have started rolling out the red carpet for customers overseas. The Reserve Bank of I... Read More
Mumbai, June 25 -- Reserve Bank of India (RBI) governor Sanjay Malhotra on Tuesday said it was "premature" to discuss interest rate hikes, pushing back against market expectations of monetary policy t... Read More
Mumbai, June 24 -- Reserve Bank of India (RBI) governor Sanjay Malhotra on Tuesday said it was "premature" to discuss interest rate hikes, pushing back against market expectations of monetary policy t... Read More
New Delhi, June 23 -- The Reserve Bank of India (RBI) has relaxed foreign exchange exposure norms for banks raising funds under its recently announced concessional swap facility, a move that is expect... Read More
New Delhi, June 23 -- Aditya Birla Capital Ltd (ABCL) has completed a Rs.4,000-crore equity fundraise by issuing more than 11.23 crore shares on a preferential basis to its promoter entities and the I... Read More
New Delhi, June 23 -- The Reserve Bank of India (RBI) on Tuesday eased onboarding rules for small businesses on trade receivables discounting system (TReDS) platforms, which provide instant working ca... Read More
New Delhi, June 22 -- Reserve Bank of India (RBI) governor Sanjay Malhotra on Monday called on banks and financial institutions to deepen their engagement with the micro, small and medium enterprises ... Read More