A case has been registered against the general manager and head of accounts of New India Cooperative Bank for misappropriating Rs 122 crore. The RBI has placed the bank under moratorium and dissolved ...

Of these, two non-banking financial companies (NBFCs) have surrendered their CoR as they have exited from the non-banking ...

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.

Chennai, has imposed a penalty of ₹5 lakh on Newraise Alayam Groups Private Limited and its directors for non-compliance with ...

The Reserve Bank of India said on Wednesday that it had lifted its 10-month-old order barring Kotak Mahindra Bank from ...

The Reserve Bank of India on Wednesday said it will soon issue Rs 50 denomination banknotes bearing the signature of Governor ...

Reserve Bank of India to issue Rs 50 banknotes featuring Governor Sanjay Malhotra's signature. The new notes will be similar in design to the existing Rs 50 banknotes in the Mahatma Gandhi (New) ...

Vishal Kapoor, CEO of Bandhan AMC, says markets have been disappointed with the absence of new liquidity-inducing measures ...

Amit Jain of Ashika Global Family Office Services foresees several risks that could disrupt the equity markets in the short ...

The Reserve Bank of India (RBI) made a significant move in its February 2025 monetary policy committee (MPC) meeting by cutting the repo rate by 25bps (basis points) to 6.25%, marking the first rate ...

After a detailed assessment, MPC decided unanimously to reduce policy rate by 25 bps from 6.5 per cent to 6.25 per cent. SDF ...

Real estate experts feel this rate cut will have a positive impact on the overall sector, making home loans more affordable ...