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
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
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
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.
Moody’s: Reciprocal US Tariffs to Have Uneven Impact Across APAC, India Less Exposed
The extent of the impact will depend on whether the US raises its tariff rates or compels trading partners to lower their own import duties.
India’s education sector poised for growth in FY26, says IndiaRatings
The Union Budget’s proposal to add 75,000 medical seats over five years, including 10,000 new seats in FY26, will play a crucial role in shaping the higher education landscape
Credifin Expands Operations in Maharashtra, Chhattisgarh, and Madhya Pradesh, Plans ₹200 Crore Loan Disbursement
Credifin Expands Operations in Maharashtra, Chhattisgarh, and Madhya Pradesh, Plans ₹200 Crore Loan Disbursement
India Inc. to record 7-8% revenue growth in Q4 FY2025: ICRA
ICRA expects ~7-8% YoY revenue growth for India Inc. in Q4 FY2025, led by revival in rural demand and