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Deputy Governor Swaminathan J of the Reserve Bank of India (RBI) emphasized the imperative for Non-Banking Financial Companies (NBFCs) to bolster their governance and assurance functions...
The Reserve Bank of India (RBI) recently released data indicating a significant surge in credit card spends during the financial year 2023-24 (FY24). Credit card transactions...
India’s surge in foreign exchange reserves is fuelled by a notable increase in capital inflows during the fiscal year 2023-24, demonstrating effective management by monetary authorities...
The central bank said that the regulation would be effective from April 24, 2024. The Reserve Bank of India (RBI) has issued a consolidated master directive,...
In a significant regulatory development, the Reserve Bank of India (RBI) imposed restrictions on Kotak Mahindra Bank (KMB) on April 24, prohibiting the bank from onboarding...
According to Morgan Stanley’s chief Asia economist, Chetan Ahya, India is unlikely to achieve the remarkable 8%-10% economic growth rates that China accomplished over the long...
