MUMBAI: RBI has proposed a new route for banks and NBFCs to offload bad loans, allowing them to bundle and sell stressed assets directly to investors through special purpose entities set up by ...

Following the RBI's rate cut, SBI has reduced its deposit rates by 10 basis points across select tenors, while keeping MCLR-linked lending rates unchanged. The EBLR, linked to the repo rate ...

Join host Anil Padmanabhan in this insightful episode of Moving India Faster on Transforming India: the Road to 2047, a podcast presented by Mint in partnership with JSA Advocates & Solicitors. This ...

NCLT Chandigarh held that since resolution plan in respect of Nav Jyoti Agro Foods Private Limited meets requirement of ...

The rupee opened 45 paise up on April 11 against the US dollar following a selloff in the American market over the worsening tariff war with China amid a 90-day pause on reciprocal tariffs with ...

Gupta was referring to RBI guidelines that say Payments Banks cannot lend; they also cannot accept deposits in excess of Rs. 2 lakh. Rishi Gupta said pressure on company’s share price is on ...

“They (the RBI) want to take system liquidity at 1% of NDTL and to a surplus of Rs 2 lakh crore to ease transmission of rates. They seem to want the transmission to happen quickly and not later,” said ...

Days after the Reserve Bank of India (RBI) slashed the repo rate by 25 basis points (bps ... conditions remain comfortable,” HDFC Bank’s principal economist, Sakshi Gupta, in a recent report.

Responding swiftly, Delhi Chief Minister Rekha Gupta directed the Education Department officials to launch an immediate investigation and take strict action against those found guilty. Gupta said, ...