Russian financial institutions have been negotiating with the Reserve Bank of India (RBI) to use the rupees in special accounts in India for investment in stocks and securities. Currently, 10 Russian institutions, including its largest lender, have registered as foreign…
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Source : Money Control Invesco Asset Management Co Ltd and five of its senior officials, including its Chief Executive Officer, Saurabh Nanavati and its former Head-Fixed Income Sujoy Das, have jointly paid a sum of Rs 4.98 crore to the…
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Sankar, a career central banker who joined the RBI in 1990, was initially appointed as Deputy Governor on May 3, 2021 for a three-year period.
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Rana Ashutosh Kumar Singh recommended by FSIB for SBI MD post, pending Appointments Committee of the Cabinet approval under PM Modi’s leadership. FSIB, led by Bhanu Pratap Sharma, conducted the selection process. Singh currently serves as SBI’s deputy MD.
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The case relates to an inspection of mutual funds and portfolio management services (PMS) activities of Invesco Asset Management for the period between October and November 2021.
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With the GST revenue standing at second-highest collection ever and the foreign exchange reserves hitting an all time high. The last month of the financial year 2023-2024 recorded positive numbers for various macroeconomic factors defining the health of the Indian…
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