RBI puts onus on EU banks to resolve stalemate with ESMA
Reserve Bank of India (RBI) has put the onus on European Union banks to resolve the stalemate caused by the...
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BFSI
SBI sees 14%-15% corporate credit growth in FY23
India's largest lender State Bank of India expects corporate loans to grow at a pace of 14% to 15% this...
Read moreCBI books Rotomac Global in Rs 750 crore bank fraud case
The CBI has booked Kanpur-based Rotomac Global and its directors for Rs 750.54 crore for alleged fraud in Indian Overseas...
Read moreNine Russian banks open special vostro accounts for trade in rupee
As many as nine special vostro accounts have been opened with two Indian banks after permission from the Reserve Bank...
Read moreTTBS cloud-telephony Smartflo boosting BFSI operations across the country to accomplish financial inclusion goals
India’s commitment to bringing every person living within the boundary under the cover of banking and financial services benefitted greatly...
Read moreIRDA directive to shun brokers for gilt trades baffles insurers
Insurance companies, a significant investor group in the financial markets, have been told by the regulator that they can no...
Read moreRBI imposes penalties on nine cooperative banks for violating compliances
The Reserve Bank of India has imposed monetary penalties on nine cooperative banks on account of various contraventions or non...
Read moreRBI Governor Shaktikant Das to meet bankers, review credit growth sustainability
RBI Governor Shaktikant Das will meet the heads of public sector banks on November 16 to discuss the issue of...
Read moreACRE offers to buy LIC’s Rs 3,400 crore Reliance Capital bonds
An Ares SSG Capital-backed asset reconstruction company (ARC) has given a binding offer to Life Insurance Corporation (LIC) to acquire...
Read moreGujarat-based NBFC tops NARCL bid for consolidated construction
ujarat-based NBFC Raj Radhe Finance has offered Rs 130 crore to take over the debt of EPC company Consolidated Construction...
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