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RBI announced a reconstruction scheme for YES Bank to prevent the collapse of the whole banking and financial system and people faith in it. Our article tries to dissect the reason and the effect on the current and the new stakeholders of the bank.

In a recent circular issued by the RBI on 7th September 2022, the apex bank of India has declared 34 online forex trading online platforms as illegal including some famous forex trading platforms such as OctaFX India, Binomo, and Olymp Trade.

Banks and corporates are hopeful that the Reserve Bank of India will change rules to allow many infrastructure and unlisted companies to lower the cost of their dollar loans.

RBI encourages banks to make provisions against bad loans or in other words keep their books clean.

With RBI belying expectations of a rate cut, India Inc today expressed disappointment saying a rate cut was needed to provide a fillip to the flagging industrial economy and stimulate consumption that has been hit by demonetisation.

The US Food and Drug Administration (USFDA) has restricted imports of drugs from Pune-based Badrivishal Chemicals & Pharmaceutic

Government of IndiaMinistry of FinanceDepartment of Economic AffairsBudget Division New Delhi, dated July 25, 2016 NOTIFICATION Auction for Sale (Re-issue) of 7.72 Percent Government Stock 2055 F. No.4 (3) W&M/2015(iii): Government of India hereby notifies sale (re-issue) 7.72 percent Government Stock 2055 of for an aggregate amount of ?

The Stock will be sold through Reserve Bank of India, Mumbai Office, Fort, Mumbai- 400 001 in the manner as prescribed in paragraph 5.1 of the General Notification F. No. 4 (13)-W&M/2008, dated October 8, 2008 by a price based auction using multiple price auction method.

There is a urgent need to address the issue of structural supply constraints, particularly in agriculture, so that these do not become a binding constraint in the long run making the task of inflation management more difficult, RBI executive director Deepak Mohanty said recently.

The Reserve Bank of India should keep the country's MSME sector outside its proposed base rate regime which will be the new benchmark lending rate for banks from July 1, the Associated Chambers of Commerce and Industry urged the central bank on Tuesday.

Finance Minister Pranab Mukherjee Tuesday endorsed the central bank's decision to hike key interest rates aimed at containing inflation without hurting growth.

Commercial banks will maintain a status quo on interest rates till such time the RBI reviews its monetary policy on April 20, an umbrella organisation of the banks said in Mumbai on Monday.

A Sakthivel, President, Federation of Indian Export Organisations (FIEO) while commenting on the annual monetary policy stated that as anticipated the RBI has hiked short term lending rates and CRR, however, whether the 25 basis points increase across the board would be sufficient to contain the accentuating inflation which is at an average WPI of 8% and a CPI of over 13% is a matter of debate but will lead to increase in the interest rates.

Nifty, Sensex end at record closing highs; banks sizzle Cipla soars 4%; BoAML ups target as PAT to jump five-fold YES Bank climbs 4%, RBI allows FIIs to buy shares

Monnet Ispat, one of the first twelve companies recommended by RBI for Insolvency Resolution Process sails through the process and resolution plan as submitted by JSW & AION Investment approved by the NCLT. This article analyzes the resolution plan and whether any value is created for its various stakeholders.

The RBI had cut the key lending rate previously four times, ie on 7th February, 4th April, 6th June and 7th August this year, to infuse liquidity and boost economic growth.

Indonesia Import Data guidelines give the way and archives needed to be trailed by people, firms, and organizations for making payments towards bringing into Indonesia. Further, the said guidelines give the courses of events inside which settlements against imports ought to be finished or an endorsement be looked for from the AD/RBI before the termination of the due date.

Foreign Institutional Investors (FIIs) continue to be overweight on country's markets on the hope of recovery in the second half of the current financial year and also on the long-term outlook of growth, according to a report of UBS.

The new hard-to-fake Rs 500 and Rs 2,000 currency notes will be available at bank ATMs when they start operating again from Friday, Finance Secretary Ashok Lavasa said on Wednesday. "There are going to be some difficulties which they (people) will face but for their convenience, a number of steps have been taken by the government, there are facilities to withdraw money from ATM and exchange currency at banks, withdraw money from accounts," he said on government withdrawing Rs 500 and Rs 1,000 notes from circulation to crack down on black money and counterfeit currency. People, he said, do understand the objective behind the move. "And I'm sure they will cooperate in dealing with the difficulties and inconvenience that they might face. And eventually things will settle down."

Government will re-introduce Rs 1,000 banknotes in a few months and also issue new series of lower denomination bills with enhanced security features.