RBI imposed 40 monetary penalties worth about Rs 27 crore on banks, with private sector banks paying Rs 16.28 crore, nearly double the Rs 8.78 crore paid by public sector banks. Jammu & Kashmir Bank among private lenders paid the…
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Stablecoins have emerged as a growing source of systemic risk, the RBI said in its December Financial Stability Report on Wednesday, and that widespread adoption could undermine monetary policy transmission, weaken banks and complicate capital flow management. RBI Deputy Governor…
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Oyo parent PRISM has filed confidential IPO papers with SEBI, aiming to raise up to Rs 6,650 crore at a $7–8 billion valuation. The move follows recent profitability, bonus share issues, and growth from acquisitions. SEBI’s pre-filing process allows regulatory…
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Last year, the finance ministry had issued a draft notification seeking to replace the existing limit of 74% foreign investment “as stipulated by the Insurance Act, 1938” and sought public comments.
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India’s economy is growing strongly. The financial system is robust and resilient. Banks have strong capital and liquidity. Gross non-performing assets are expected to fall. The growth outlook remains positive. The rupee has depreciated against the US dollar due to…
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This initiative, part of a larger export promotion mission, aims to boost buyer connections and market presence through structured interventions and financial support for international participation.
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