Full text: Minutes of the Monetary Policy Committee Meeting
The fifty second meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during...
RBI imposes penalty on IndusInd, Manappuram Finance
In the case of IndusInd Bank, the RBI said the Rs 27.30 lakh penalty is imposed for non-compliance with certain provisions of ‘Reserve Bank...
PLI scheme: Selective approach on performance incentive unacceptable, says AIBEA in letter to Government
“It risks fragmentation of the workforce and impairing the collective growth and harmony, which is paramount and essential for any organizational growth and sustainable success,”...
CPI inflation bounce back to 6.2 % in October
Subdued global commodity prices amid concerns over global demand should further aid in moderation of the headline inflation going ahead. In October, global commodity price...
Demonetisation anniversary: A political thriller turns 8
The much-hyped demonetisation has failed to break real estate’s love for black money, per a recent survey. Black money continues to be dominant in real...
Banker attacked by kin of a borrower; employee unions seek action
The banker was thrashed by son of a borrower at the branch, according to an AIBEA note.
“We strongly condemn the brutal attack on Mr. Kashyap...
Senior citizen placed under ‘digital arrest’ by online fraudsters, forced to pay Rs 14 lakh
Senior citizen placed under 'digital arrest' by online fraudsters, forced to pay Rs 14 lakh...
Bengaluru Police Arrest Axis Bank Manager and Three Sales Executives in Rs 97-Crore Stock-Market Fraud
The cyber-crime unit has revealed that 254 cases linked to this scam have been registered across the country. Fraudulent transactions totaling Rs 97 crore were...
Markets Tumble: Nifty Falls Below 25,000, Sensex Drops 850 Points from Day’s High as RBI Holds Repo Rate
Indian equity markets faced a turbulent session on October 9, with benchmark indices erasing early gains to close marginally lower. Despite starting the day in...
Paytm focusing on consumer payments business: CEO
Fintech firm Paytm’s immediate priority is to invest in its consumer payments business in an effort to recover lost user base following regulatory actions by...