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RBI imposes Rs 1 lakh penalty on Chittoor District Co-operative Central Bank

India, June 23 -- The Reserve Bank of India has imposed a monetary penalty of Rs 1 lakh on The Chittoor District Co-operative Central Bank Ltd. for violating provisions of Section 20 read with Section... Read More


RBI imposes Rs 1 lakh penalty on Shimoga District Co-operative Central Bank

India, June 23 -- The Reserve Bank of India has imposed a monetary penalty of Rs 1 lakh on The Shimoga District Co-operative Central Bank Ltd. for contravening provisions of Section 20 read with Secti... Read More


RBI imposes Rs 5 lakh penalty on Hutatma Sahakari Bank for regulatory violations

India, June 23 -- The Reserve Bank of India has imposed a monetary penalty of Rs 5 lakh on Hutatma Sahakari Bank Ltd. for non-compliance with RBI directions relating to loans and advances granted to d... Read More


RBI announces Rs 2 lakh cr 7-Day VRR auction to manage liquidity

India, June 23 -- The Reserve Bank of India has announced a 7-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) framework to address evolving liquidity conditions in t... Read More


RBI Governor urges banks to treat MSMEs as long-term business partners

Mumbai, June 23 -- Reserve Bank Governor Sanjay Malhotra on Monday asked banks and lending institutions to internalise a fundamental reorientation in their approach towards MSMEs, and view them as lon... Read More


Factor investing is back in favour. But for how long?

Mumbai, June 23 -- A wave of new fund launches suggests factor investing is back in vogue. The trend began with Franklin Templeton's Franklin India Multi Factor Fund in November 2025, followed by Mot... Read More


Nifty Prediction Today - June 23, 2026: Nifty 50 Futures: Resistance ahead. Go long on a break above it

New Delhi, June 23 -- Nifty 50 is managing to hold higher. The price action indicates the absence of strong buyers to push it higher at a fast pace. At the same time, there is lack of strong sellers t... Read More


Belding India forms JV with HD Fabcon to foray into renewable energy domain

Mumbai, June 23 -- The incorporated entity belongs to the battery energy storage system and renewable energy industry. The joint venture will leverage the business development and market access capab... Read More


Nifty closes below 23,850, Sensex plunges 893 points amid IT selloff and global market weakness

Mumbai, June 23 -- The domestic equity markets witnessed sharp selling pressure on Tuesday, with both benchmark indices closing more than 1 per cent lower amid a broad-based technology selloff, weakne... Read More


ED searches Rajesh Exports premises over Rs.3,000-cr dubious deals, gold mismatch

New Delhi, June 23 -- The Enforcement Directorate (ED) on Tuesday carried out searches at nine premises linked to Rajesh Exports Ltd. (REL) in Bengaluru and Mumbai as part of an ongoing investigation,... Read More