The Reserve Bank of India (RBI) on 5 March announced a series of measures to address evolving liquidity conditions in the banking system, aiming to ensure financial stability and support economic activity….
Author: BNW News
Shakti Kapoor Makes a Blockbuster Exit from Juhu Real Estate
Mumbai, December 2024 – In a move that reads like a script straight out of Bollywood, veteran actor Shakti Kapoor has sold his upscale apartment in the prestigious Silver Beach Heaven Co-operative…
Mumbai Court orders FIR against top SEBI and stock market officials
A special Anti-Corruption court in Mumbai on Saturday ordered the registration of an FIR against high-ranking officials of the Securities and Exchange Board of India (SEBI) and the Bombay Stock Exchange (BSE)…
Volodymyr Zelensky: From Comedian to Wartime Leader
Few political leaders have experienced a transformation as dramatic as Volodymyr Zelensky. From being a comedian and television star to leading Ukraine through its most perilous modern crisis, Zelensky’s rise is a…
RBI imposes penalties on IIFL Samasta Finance and HSBC for regulatory violations
The Reserve Bank of India (RBI) has imposed monetary penalties on IIFL Samasta Finance Limited and The Hongkong and Shanghai Banking Corporation Limited (HSBC) for non-compliance with various regulatory directions. The penalties,…
Foreign exchange reserves rise, bank credit growth slows
India’s foreign exchange reserves stood at ₹55.53 lakh crore ($640.48 billion) as of February 21, registering an increase of ₹33,918 crore ($4.76 billion) from the previous week. However, on a year-on-year basis,…
Japan and India Renew $75 Billion Bilateral Swap Arrangement
Japan and India have renewed their Bilateral Swap Arrangement (BSA), reinforcing financial cooperation between the two nations. The agreement, effective from today, allows both countries to exchange their local currencies for US…
RBI extends restrictions on Ajantha Urban Co-operative Bank until May 28
The latest extension has been granted in the interest of the public, according to an official statement from the RBI.
India Inc. gains momentum, but can it sustain the pace?
These numbers are from the Reserve Bank of India (RBI)’s data on the performance of the private corporate sector during the third quarter of 2024-25, drawn from abridged quarterly financial results of 2,924 listed non-government non-financial companies.
RBI revises risk weights on Microfinance loans
Microfinance loans have now been excluded from this category and will instead be subjected to a risk weight of 100 percent.