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RBI penalizes Karur Vysya Bank and Federal Bank for serious compliance failures
The Reserve Bank of India (RBI), through an order dated February 04, 2025, has levied a monetary penalty of ₹8.30 lakh (Rupees Eight Lakh...
RBI MPC update: Stock Market and experts express mixed reactions to the RBI rate cut
RBI MPC update: Rate cut fails to cheer markets
Devarsh Vakil - Head of Prime Research, HDFC Securities:
In a watershed moment for India's monetary...
RBI MPC Update:The repo rate has been reduced by 25 basis points from 6.50% to 6.25%. The central bank forecasts GDP growth at 6.7%...
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) unanimously decided to cut the repo rate by 25 basis points from 6.50% to...
UBS Global Entrepreneur Report 2025
UBS today published its first Global Entrepreneur Report, based on a survey of 156 UBS entrepreneur clients and network members across a full range...
RBI MPC update: Economist predicts rate cut in upcoming MPC meeting
In a significant development for India’s economic landscape, leading economists anticipate a potential rate cut in the upcoming Reserve Bank of India (RBI) Monetary...
Overland Advantage and Wells Fargo lead senior secured credit facilities to FFF enterprises, Inc.
Advantage ("Overland"), a business development company with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo,...
Economic Survey: India’s GDP expected to grow between 6.3% and 6.8% in FY26
The Economic Survey of India 2024-25, presented on January 31, 2025, provides an in-depth assessment of the country’s economic performance and forecasts for the...
Intellect to assume digital banking operations of Central 1, Canada
Vancouver (BC), Toronto (ON), Chennai (India), January 23, 2025:Central 1 Credit Union (Central 1) and Intellect Design Arena Ltd. (Intellect) today announced the signing of an agreement in which...
HDFC Bank Reports Q3 FY25 Results: Net Profit Rises 2.2% YoY, over 8% steady growth In NII
India’s largest private sector lender, HDFC Bank, has announced its financial results for the third quarter of FY25, reporting a 2.2% year-on-year (YoY) increase...
RBI cancels Certificate of Registration of X10 Financial Services Limited due to irregular lending practices
The CoR has been cancelled by RBI as the company has violated RBI guidelines on code of conduct in outsourcing of financial services in...
RBI updates FEMA regulation to boost cross-border rupee transactions
To promote the increased use of the Indian Rupee (INR) in trade transactions, the Reserve Bank of India (RBI) introduced the Special Rupee Vostro...
RBI levies monetary penalties on 4 Co-operative Banks for breaching regulatory norms
Mumbai, December 30, 2024: The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks for non-compliance with regulatory norms. The...
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