FALAKNAAZ SYED, Deccan Chronicle Page 6

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The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

RBI concerned about slow deposit growth

The meeting was also attended by deputy governor M.K. Jain along with a few senior RBI officials

17 Nov 2022 9:58 AM IST

Representational image.

Up to 10% credit losses for MFIs in COVID years

Mumbai: Small loan specialists that cater to people without bank accounts suffered credit losses of up to 10 per cent...

8 Nov 2022 1:30 PM IST

Indian rupee appreciated by 25 paise to 76.02 against the US dollar in early trade on Wednesday. (PTI Photo)

Rupee marches further to 81.92

Mumbai: The Indian rupee settled at a multi-week high of 81.92 levels on Monday despite negative news out of China. The...

8 Nov 2022 1:25 PM IST

Sebi proposes to relax minimum public shareholding norms for firms under insolvency. (PTI Photo)

Zero brokerage biz model faces threat

Mumbai: In a move that could change the revenue model of brokers and exchanges, the Securities and Exchange Board of...

22 Sept 2022 1:38 PM IST

It was noted that as per the assessed figures of the bank for the year ended March 31, 2022, the bank is not in breach of the PCA parameters, the RBI said in a statement.(Photo: Representational Image)

Central Bank of India taken out of PCA restrictions

Mumbai: The Reserve Bank of India, on Tuesday said it has decided to remove state-owned Central Bank of India from the...

21 Sept 2022 4:11 PM IST

Under section 194B of The Motor Vehicles Act Act, driving without a seat belt will cost a fine of Rs 1,000 but the rule is applied for the front seat and not for the rear seat.

Passenger entitled to claim insurance even if not wearing seat belt

MUMBAI: The ill-fated Mercedes GLC 220d 4MATIC car that met with an accident killing former Tata Sons chairman Cyrus...

7 Sept 2022 5:35 PM IST

Rupee coin. (DECCAN CHRONICLE PHOTO)

Rupee breaches 80, recovers after RBI intervenes

Mumbai: The rupee on Monday breached the 80-to-a-dollar mark to hit a fresh record low of 80.13 in early trade, but...

30 Aug 2022 9:39 AM IST

After some time, the executives from both the online loan apps started forcing her to clear the loan amount. The main online loan app asked her to clear the loan of Rs 90,000 even though no loan was sanctioned. It had only made her to deposit the Rs 10,000 to sanction the one-lakh loan. Representational image/DC

Apex bank tames recovery agents

The RBI asked lenders to strictly ensure that their collection agents do not intimidate borrowers or resort to...

13 Aug 2022 10:59 AM IST

Raj Kumar served the LIC as executive director (international operations), CEO, LIC Mutual Fund Asset Management, zonal manager (I/C), Central Zone, Bhopal, ED (HRD-OD), ED (estate and office services).

LIC net buys Rs 34,000 cr stocks in Q1

The public sector behemoth booked Rs 5,076 crore equity profit during April-June against Rs 11,368 crore a year ago

13 Aug 2022 10:03 AM IST

Rising awareness and importance about insurance has helped sales of individual new policies. (Representational Image: PTI)

Return to normal for life insurers in Q1

ICICI Prudential Life Insurance announced its earnings and reported a net profit of Rs 156 crore in April-June quarter...

19 July 2022 4:28 AM IST

PM Modi met Putin on Wednesday on the sidelines of the 11th BRICS Summit and reviewed the full range of India-Russia relations. (Photo: Twitter)

RBI spells out re-settlement terms

The RBI said that authorised banks would need to take its permission before instituting the rupee trade settlement...

12 July 2022 9:32 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee plunges to new record low at 77.85, down 11 paise

At the interbank foreign exchange market, the local currency opened at 77.81 traded weaker, but directionless

11 Jun 2022 7:42 AM IST