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DIRECTORS SANJAY MALHOTRA
Looking for over 17% return from FCNR deposit through leverage? Check pitfalls before getting luredThe Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...
RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...
ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
Market wrap: Sensex falls 117 points, Nifty closes below 23,400 after RBI MPC meeting outcome. What lies ahead?Indian stock markets erased morning gains, with Sensex and Nifty closing lower following the RBI's hawkish stance and a wait-and-watch appr...
India makes big moves to attract foreign investments in bonds: How will this impact stock market?India has unveiled significant measures to attract foreign investment, including tax exemptions on government securities and increased inve...
Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: EconomistsRetail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the R...
RBI to examine role of quantum technology in strengthening financial sectorThe Reserve Bank of India is forming an expert committee to study quantum technology's role in finance. This new technology could revolutio...
Oil slump, central bank support manifest in rupee’s three-day winning streakThe Indian rupee saw its longest winning streak in a month, closing stronger against the dollar. This rise was driven by the Reserve Bank o...
RBI's move to scrap investment buffer could lift banks' capitalBanks may soon see their capital positions improve. The central bank proposes to remove the Investment Fluctuation Reserve. This move could...
Bankers welcome RBI’s calibrated stance, regulatory stepsBankers have praised the Reserve Bank's decision to maintain current interest rates. This move, alongside specific industry adjustments, is...
West Asia crisis: RBI central board assesses emerging global, domestic economic scenarioThe central board of the Reserve Bank of India held an important meeting in Patna, where they analyzed the current state of the internation...
RBI MPC meeting: When and where to watch Sanjay Malhotra & Co's announcements?The RBI's Monetary Policy Committee, led by Governor Sanjay Malhotra, is expected to announce its decision on Friday, June 6, potentially c...
'Keep interest of economy before interest of revenue': Sanjay MalhotraRevenue Secretary Sanjay Malhotra cautioned revenue officials against issuing excessive demand notices to businesses, emphasizing the impor...
Need to maintain balance between enforcement, ease of biz: Revenue Secy to GST officersRevenue Secretary Sanjay Malhotra emphasized the need for balancing enforcement with ease of doing business while addressing GST evasion ca...
India financial crime fighting agency will probe Paytm Payments Bank if money laundering foundThe Reserve Bank of India (RBI) on Wednesday ordered the payments bank unit of One 97 Communications, popularly known as Paytm, to stop acc...
- Citi fraud: Co-accused Gupta's bail plea rejected again
A local court here today rejected the bail plea of Sanjay Gupta, a co-accused in the Citibank fraud case.