Plastic currency notes may enter circulation at the start of next financial year. The Reserve Bank of India is targeting this rollout after completing field trials. These polymer notes will be introduced in ten and twenty rupee denominations. They are…
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RBI Governor Sanjay Malhotra has indicated that the Indian rupee may gain strength if global tensions subside. He emphasized that the bank does not aim for specific exchange rates. In recent weeks, the rupee has made notable gains against the…
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Governor says 6.7% FY27 growth forecast is an estimate; RBI to look through food and fuel-driven inflation volatility.
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REITs are often mistaken for fixed-income products, but Radhika Gupta, MD & CEO of Edelweiss Mutual Fund, explains why they belong to the equity asset class. She highlights that REITs have lower volatility than equities but remain equity investments due…
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Modulus Alternatives Investment Managers has settled with Sebi for alleged AIF norm violations. The private credit platform paid Rs 10.87 lakh towards settlement charges to resolve the case. Sebi found Modulus Alternatives breached continuing interest criteria under AIF regulations. The…
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The Reserve Bank of India will resume issuing new licenses for urban cooperative banks. This process has been paused for over two decades due to past financial instability. Draft guidelines for resuming UCB licensing have now been issued by the…
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