A high-level advisory group constituted by the union commerce ministry on Foreign trade policy has submitted its report to government. The panel has recommended the centre to cut down corporate …
Read MoreThe Reserve Bank has said it will inject Rs 15,000 crore into the financial system through purchase of government bonds via the auction route.The government securities will be bought under …
Read MoreThe Reserve Bank of India (RBI) is not ready to offer a special lending window to stressed non-banking finance companies(NBFCs).The RBI may have to provide liquidity to all the NBFCs …
Read MoreThe Reserve Bank of India has directed non-banking finance companies (NBFC) with assets size of over Rs 5000 crore to appoint a chief risk officer(CRO) to improve standards of their …
Read MoreThe Reserve Bank has warned of the rising risks to fiscal consolidation of the states as their finances are burdened with (a)farm loan waivers (b)income support schemes and (c)UDAY bonds …
Read MoreCredit Rating agency ICRA has downgraded Yes Bank’s rating on bonds and infrastructure debt.The rating was downgraded due to deterioration in the credit quality of large borrowers. A bond also …
Read MoreThe Reserve Bank of India(RBI) has decided to extend the Ombudsman Scheme for Non-Banking Financial Companies(NBFCs),2018 to non-deposit taking non-banking financial companies(NBFC-NDs) having asset size of Rs 100 crore or …
Read MoreThe US President has decided to sign a memorandum which recommends severe sanctions on countries with high rates of visa overstays in the United States. The memorandum recommends placing travel …
Read MoreThe government has told the Supreme Court that anonymity should be maintained in the electoral bond scheme to protect donors and recipients right to privacy. The government’s statement came during …
Read MoreThe Reserve Bank of India (RBI) has proposed a major change in the way banks price their loans. It said that banks will now have to link the interest rates …
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