Sunday, December 22, 2024

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RBI

HDFC relationship manager accused of defrauding a customer of Rs 3 crores, Bombay HC pulls up police, sends notices to RBI and HDFC

The petitioner expressed that other HDFC bank officials also seemed to be involved in the case.

Raghuram Rajan is in all praise of ‘Make in India’ after telling Modi govt not to focus on manufacturing, had earlier made failed doomsday...

The former RBI governor, who participated in the 'Bharat Jodo Yatra' of Rahul Gandhi, has repeatedly made doomsday predictions about India's economic growth (only to fail each time).

India’s retail inflation softens and aligns with RBI’s 4 per cent target, lowest in 5 years

In July, there was a sharp decline in the year-on-year inflation rate based on the All India Consumer Price Index (CPI), which is the lowest in the last 59 months.

RBI report silenced those who spread false narratives on employment, around 8 crore new jobs created in just 3-4 years: PM Modi in Mumbai

PM Modi quoted RBI report on employment to attack the opposition for criticising the government over "unemployment"

India witnessed a 2.5-fold increase in job creation in FY24, the highest since 1981-82: RBI data

A total of 46.7 million jobs were added, the highest since 1981-82, with a growth rate of 6 per cent surpassing the previous three decades.

Edelweiss round-tripping money? RBI order against the financial giant scathing in how it’s using group entities to circumvent IBC regulations: A case study 

The Reserve Bank of India on the 29th of May 2024 ordered Edelweiss Asset Reconstruction Company Limited (EARCL) to cease and desist from the acquisition of financial assets

RBI brings 100 tonnes of gold back home: From ‘secret sales’ in the 90s, India under Modi has come a long way. How gold...

“RBI started purchasing gold a few years ago and decided to undertake a review of where it wants to store it, something that is done from time to time. Since stock was building up overseas, it was decided to get some of the gold to India,” TOI quoted an official as saying.

RBI bans Edelweiss from acquiring assets, SEBI fines AGI Greenpac, after OpIndia report on how they along with Ernst & Young manipulated insolvency process...

RBI ordered Edelweiss Asset Reconstruction Company Limited (EARCL) to cease and desist from acquisition of financial assets

RBI approves Rs 2.11 lakh crore dividend transfer to govt of India: Here’s how RBI generates surplus and transfers dividend to Centre

An increased dividend payment is probably going to assist the Central government in reaching its goal of 5.1% of GDP for fiscal deficit during the current fiscal year. Additionally, it would probably support tax collections, giving the new government more spending flexibility.

What happened to Kotak Mahindra Bank? RBI orders it to stop issuing credit cards and onboarding new online customers: Here is what it means

RBI bars Kotak Mahindra Bank from onboarding new customers through online, mobile banking; issuing new credit cards

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