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MUMBAI CENTRAL
RBI allows banks to lend directly to REITs & InvITs, caps applyThe Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...- RBI issues draft CCR framework aligned with global standardsThe Reserve Bank of India has released draft rules for banks. These rules cover how banks calculate risks from derivative deals. They also ...
- RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
- Former cricketer and selector Ajit Agarkar sold his Bandra West residential property at Rs 32,547 per sq feet; check the property price trend in MumbaiFormer Indian cricketer Ajit Agarkar has sold his residential property in Bandra West, Mumbai, for Rs 4 crore. The property, located in the...
- RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
- Dharavi project to follow Singapore and Hong Kong housing development model: Devendra FadnavisMumbai's Dharavi Redevelopment Project will mirror Singapore and Hong Kong's modern housing. The first phase aims for completion by March 2...
- India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
- India's forex reserves rise $938 million to $682 billion despite RBI's $5 billion swapIndia's foreign exchange reserves saw a slight increase of $938 million, reaching $682 billion by May 29. This rise occurred despite a sign...
- RBI to soon release revised list of upper-layer NBFCs: GovernorThe Reserve Bank of India will soon release an updated list of upper-layer non-banking financial companies. This comes as Tata Sons has req...
- PSUs to get concessional forex swaps to boost external borrowingsThe Reserve Bank of India will introduce a special foreign exchange swap facility for public sector undertakings. This initiative aims to e...
- RBI says 4% inflation target not in abeyance; future rate action tied to price persistenceReserve Bank of India Governor Sanjay Malhotra confirms the 4 percent inflation target remains unchanged. He raised the FY27 inflation fore...
- RBI fines Canara Bank for violations related to KYC, inactive accountsThe Reserve Bank of India has taken action against Canara Bank, slapping a substantial Rs 41.8 lakh fine for failing to comply with Know Yo...
- Mumbai local train update: 5-hour jumbo block on June 7; services to be cancelled or diverted Between Churchgate and Mumbai CentralWestern Railway will conduct a five-hour jumbo block on Sunday, June 7, 2026, affecting the UP and DOWN Slow Local Lines between Churchgate...
- Dharavi to become a smart city: HSBC says Asia's largest slum could soon have metro stations, green spaces & 125,000 new homesDharavi's massive redevelopment project, a joint venture between the Maharashtra government and Adani Group, aims to transform the Mumbai s...
- Pahlaj Nihalani, producer and former CBFC chief, dies at 76Veteran producer and former Central Board of Film Certification chairperson Pahlaj Nihalani has died. Nihalani began his career in 1982 and...
- Pahlaj Nihalani cause of death: Filmmaker and ex-CBFC chairperson dies at 76Veteran film producer and former CBFC chairperson Pahlaj Nihalani passed away in Mumbai on June 4, 2026, at the age of 76. Known for produc...
- Man accused of links with Mumbai underworld, Pakistan's ISI arrestedA man named Huzaifa, allegedly linked to a D-Company operative and Pakistan's ISI, has been arrested. He is believed to be a close associat...
- RBI likely intervenes to limit rupee's fall: TradersThe Indian central bank likely stepped into the foreign exchange market on Wednesday. This action aimed to curb the rupee's decline. Renewe...
- Suraj Estate acquires development rights for Mahim land parcel, eyes Rs 800 cr GDVSuraj Estate Developers is set to acquire development rights for a 0.72-acre land parcel in Mahim (West), Mumbai, for Rs 75 crore. This str...
- RCB vs GT IPL 2026 final: Western Railway announces special trains, check schedule and timingsWestern Railway has launched two special-fare trains between Mumbai and Ahmedabad to manage the anticipated passenger surge for the IPL 202...
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