Moody's downgrades YES Bank ratings, changes outlook to negative
Moody's has downgraded foreign currency issuer rating to 'Ba1' from 'Baa3'.
Niti chief Arvind Panagariya rubbishes jobless growth criticism as bogus
There are claims that investments are not picking up, jobs are not b...
RBI Dy Governor Mahesh Kumar Jain: A turnaround banker at mint street
Jain’s journey to the 19th floor of the RBI’s headquarters on Mint Stre...
A day before SC's final hearing, Crypto Startup CoinRecoil goes live
The final hearing of the case was scheduled today (September 11). By late afternoon, the SC adjourned the final hearing to September 12.
Demonetisation country’s biggest scam, says Rahul Gandhi
Gandhi said non-performing assets were Rs 2.5 lakh crore under Congress-led UPA government, which have now jumped to Rs 12.5 lakh crore.
The real intention behind demonetisation was to help crony capitalists in India: Rahul Gandhi
PM Narendra Modi and Arun Jaitley has singularly destroyed the fabric of the Indian economy, reiterated Rahul.
Former RBI deputy governor HR Khan being questioned by CBI over PNB scam
Khan was handling internal debt management, external investment and exchange control.
Why RBI should be given more powers and age old banking laws be fixed to avoid scams like PNB
Banking is plagued by the same ill that holds India back on other fronts too – overlapping laws that make regulation difficult and help smart one escape.
Farm loan waiver affects credit discipline: RBI
Bhattacharya too said it will disturb credit discipline among borrowers, since they will keep expecting more such waivers in future and then those (future) loans will remain unpaid.
Did RBI Guv Urjit Patel just inadvertently make case for LTCG tax removal?
5 taxes on capital would have an impact on investments and savings decisions, says Patel.
P2P platform Monexo Fintech to raise $5 million in equity
Monexo had a year and half ago announced a plan to raise $10 million. The company has now scaled down that by half.
RBI scouting for new office, staff quarters in Shimla
The RBI further said preference will be given to the property offered by state-owned banks, Public Sector Undertakings or government departments.
KKR gets RBI nod to start India’s 1st Foreign-owned ARC
India’s banks are weighed down with $180 billion of stressed assets, acting as a brake on the growth prospects of the world’s fastest-expanding major economy.
Failed to buy land in Shimla, RBI scouts for rental premises
In order to expand its operation in Himachal Pradesh, the Reserve Bank started hunting for land for its office and residential complex in September last year.
RBI moves to curb ‘short-changing’ of clients, price rigging
The triggers for the code are the recent short-squeeze in the local government securities market.
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