Reserve Bank of India

Amalgamation of Indiabulls with Lakshmi Vilas Bank

TIRUPUR: We acknowledge the decision of Reserve Bank of India on the proposed amalgamation of Indiabulls Housing Finance Limited and…

5 years ago

IDBI Bank introduces Repo Linked Lending and Bulk Deposit Rates

MUMBAI: IDBI Bank has decided to adopt Reserve Bank of India’s Policy Repo rate as an external Benchmark. Accordingly all…

5 years ago

Edelweiss Teams up with SBI for Co-Origination of Loans to MSMEs

MUMBAI: ECL Finance Limited, a subsidiary of Edelweiss Financial Services Limited and State Bank of India (SBI), India’s largest bank,…

5 years ago

IDBI Bank Introduces Repo Linked Lending and Bulk Deposit Rates

MUMBAI: IDBI bank has launched a new Home Loan and Auto Loan product linked to Reserve Bank of India’s repo…

5 years ago

Governor Das Says 35 bps Rate Cut Balanced, Based on Data

MUMBAI: Governor Shaktikanta Das Wednesday termed the steeper 0.35 percent repo rate cut as a "balanced" call given the domestic…

5 years ago

Government Panel for Ban on Cryptocurrency

NEW DELHI: An inter-ministerial committee has recommended banning cryptocurrencies in India along with imposition of fines and penalties on activities…

5 years ago

Petrol, Diesel to be Costlier; Tax on Super-rich, Gold Imports

NEW DELHI: Finance Minister Nirmala Sitharaman Friday hiked tax on petrol and diesel, raised import duty on gold, levied additional…

5 years ago

Affordable Housing Gets a Boost with Hike in Interest Deduction

NEW DELHI: Affordable housing sector got a shot in the arm in the Union Budget presented on Friday with Central…

5 years ago

RBI Cuts Repo rate by 25 bps to 5.75%, Changes Monetary Policy Stance to ‘Accomodative’

  MUMBAI: The Reserve Bank of India (RBI) Monetary Policy Committee Thursday unanimously cut repo rate — the rate at…

5 years ago

SC Dismisses PIL Against FM Arun Jaitley

NEW DELHI: The Supreme Court Friday dismissed a PIL raising allegations against Finance Minister Arun Jaitley relating to capital reserve…

5 years ago

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