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RBI MEET DEADLINE
RBI "opens the floodgates": Dhawal Dalal on why now may be the best entry point for debt investors in two yearsIndia is attracting foreign debt capital by removing taxes and easing borrowing rules. This move is expected to inject significant liquidit...
RBI clears 99% applications within deadline under Citizen's CharterThe Reserve Bank of India processed nearly all applications within its Citizen's Charter timeline in May 2026. Out of 18,763 applications h...
Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
Noel Tata’s IPO pushback said to trigger internal differences at Tata GroupA rift is emerging within the Tata conglomerate. Noel Tata opposes listing the parent firm, Tata Sons, despite upcoming Reserve Bank of Ind...
8th Pay Commission deadline extension: Employee bodies can now submit their memorandum till May 31, 2026The 8th Pay Commission has extended the deadline for memorandum submission to May 31, 2026, a month after the NC-JCM requested the extensio...
FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
ECL norms from April 2027: Indian banks are ready, says Dinesh Kumar KharaIndian banks are set for a major provisioning change with Expected Credit Loss (ECL) norms arriving April 1, 2027. This global shift means ...
Sensex jumps 1,300 points in three days ahead of Iran war ceasefire expiry: 4 key factorsIndian benchmark indices Sensex and Nifty surged nearly 1% on Tuesday, extending gains for a third consecutive session. Cooling oil prices,...
RBI rejects banks’ request to spread out Q4 treasury lossesThe RBI has declined banks’ request to stagger provisions for likely MTM losses in the March quarter. Banks had sought relief to cushion th...
SP Group looks to defer Rs 14,300-cr bond paymentShapoorji Pallonji Group is currently navigating a challenging landscape, requiring additional time to fulfill a significant bond repayment...
RBI MPC Repo Rate: Sanjay Malhotra & Co hold rates steady at 5.25% as war shocks rattle outlookRBI Repo Rate: The Reserve Bank of India kept the repo rate unchanged at 5.25% in its first policy decision since the Iran war, as it balan...
8th Pay Commission salary: When will employees get it? Key employee body meeting set for April 13, 2026; 8th CPC salary increment details8th Pay Commission salary hike: The 8th Pay Commission salary increment will depend on the fitment factor that the 8th CPC decides. Employe...
India bonds rise as likely RBI buying, lighter state borrowing aid sentimentIndian bonds saw gains on Monday. This rise followed potential central bank bond purchases last week. A lower-than-expected state borrowing...
Tata Sons missing IPO deadline: RBI says an entity can continue to do biz till registration isn't cancelledRBI Governor Sanjay Malhotra said that an entity can continue business until its registration is cancelled, amid speculation over Tata Sons...
ICICI Bank gets time till Sept 2024 to pare stake in ICICI LombardThe bank now has time until September 2024 to reduce stake. ICICI Bank announced on Friday that it has received approval from the RBI in a ...
RBI takes stock of preparedness for card tokenisationThe central bank, which took industry feedback on the readiness of banks and card network operators to meet the new deadline, is now expect...
RBI extends deadline for meeting last tranche of capital conservation buffer by 6 monthsThe capital conservation buffer ensures that banks have an additional layer of usable capital that can be drawn down when losses are incurr...
- RBI likely to announce sunset clause for base rate migration
The Reserve Bank is likely to announce a sunset clause with a deadline of June 30, 2011, for all loans in the erstwhile benchmark prime len...
- Higher provisions may put pressure on bank profits
Rating agency Standard & Poor’s has said that banks’ profitability will be suppressed in fiscal year 2010 and fiscal year 2011 as they set ...
- Banks get more time to reschedule loan repayment
RBI has given banks two more months, up to March 31, 2009, to reschedule repayments on loans to prevent them from being classified as bad l...