RBI Governor Das Unveils Unified Lending Interface to Streamline Credit Access
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The fall of business journalism in India
Business journalism has become a glorified version of public relation service for companies—much of the media is owned by companies and is run for companies...
RBI MPC Minutes; Increasing divergence in growth assessments, says Madhavi Arora of Emkay Global
Continued moderation in core inflation was unanimously recognized, but the possibility of higher food prices spilling over to core remains a key concern. Real rate...
Wealthtech platform InvestorAi raises Rs 80 crore in Series A from ace investor Ashish Kacholia and associates
AI-powered equity investment platform InvestorAi on August 22 announced that it has raised Rs 80 crores in a Series A round from well known investor Ashish...
TransBnk raises $4 million in Series-A funding round led by 8i Ventures, Accion
The round was led by 8i Ventures, the early-stage India-focused VC fund known for its notable successes in the fintech space, including M2P, Slice, Easebuzz,...
Are Mutual Funds draining money from bank deposits?
Even if money is moving from bank deposits to mutual funds, ultimately the money should remain in banks albeit under a different ownership. How would...
Indian NBFI Regulatory Actions Bring Governance to the Forefront, says Fitch ratings
Governance and compliance issues can greatly diminish customer and market confidence, potentially undermining funding and business activities. Severe non-compliance may result in stringent regulatory sanctions,...
RBI Bulletin – August 2024 Highlights
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After RBI, now government asks PSBs to eye more deposits
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RBI imposes monetary penalty on BoM, Hinduja Leyland Finance and Poonawalla Fincorp
The Reserve Bank of India (RBI) has cracked down on three entities imposing monetary penalties citing rule violations. These are Bank of Maharashtra (BoM), Hinduja...