The SRO framework will prescribe broad objectives, functions, eligibility criteria and governance standards, said the RBI in its monetary policy review statement | Photo: Bloomberg The Reserve […]
Lenders should release property docs within 30 days of loan repayments: RBI
The Reserve Bank of India (RBI) on Wednesday said Regulated Entities (RE) should release the original movable/immovable property documents and remove charges registered with the registry within […]
JP Morgan found $1 bn in suspicious Epstein activity: US Virgin Islands
By Ava Benny-Morrison JPMorgan Chase & Co. identified to the federal government more than $1 billion in suspicious transactions linked to Jeffrey Epstein after the […]
Liquidity continues to be in deficit, banks expect RBI repo auction
The market expects that the RBI could announce a variable repo rate (VRR) auction to infuse liquidity. Liquidity deficit in the banking system continued on Wednesday as […]
Emerging economies pushing to end dollar’s dominance. What’s the option?
Business has vanished at Kingsley Odafe’s clothing shop in Nigeria’s capital, forcing him to lay off three employees. One culprit for his troubles stands out: The […]
BYD tells India partner it wants to drop $1 bn EV investment plan: Reports
By Sarita Chaganti Singh NEW DELHI (Reuters) – China’s BYD has told its India joint-venture partner it would shelve plans for a new $1-billion investment to […]
FM Sitharaman discusses trade negotiation progress with Canadian Dy PM
Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman and Canadian Deputy Prime Minister Chrystia Freeland on Sunday discussed the progress being made on ongoing bilateral trade negotiations. […]
RBI, Central Bank of UAE sign two MoUs for trade in local currencies
The Reserve Bank of India (RBI) and the Central Bank of UAE (CBUAE) signed two Memoranda of Understanding (MoUs) in Abu Dhabi on Saturday to establish a […]
Oppn-ruled states raise concern over ED sharing info with GSTN
Several opposition ruled states expressed concern over Centre’s decision to allow enforcement directorate (ED) to share information with GST Network, with finance minister of AAP-ruled Punjab Harpal […]
From October 1, you can port your credit, debit cards too
From 1 October, all credit card, debit card and prepaid card customers in India will be able to port their networks. Just as you can port your mobile […]