Tag: RBI
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For the first time India’s foreign exchange reserves cross $ 450 billion mark
Despite all the economic pain, India's forex reserves keep touching new highs. On December 3, India's foreign exchange reserves touched a new high of...
A mega package is in the works to bailout all shadow banks
As per reports, India's finance ministry has asked the RBI to buy out the bad loans of the top 25 non-banking finance companies (NBFCs)....
High Court of Delhi issues notice to Indiabulls Housing, RBI, Sebi on various alleged illegalities
The Delhi High Court on Friday issued notices to Indiabulls Housing Finance Limited (IHFL), the banking and markets regulator, among others, in a plea seeking...
On currency trading india losing its grip, just as the risks increase
Don’t ask what the currency can do for you. Ask what you can do for the currency. It would pay Indian policymakers to bear...
Reserve Bank of India employees for consensus on Jalan panel report
The Reserve Bank of India (RBI) employees union has urged the central bank to seek consensus on the Bimal Jalan panel report "in view of wider...