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Forex reserves shy of record high at USD 371.14 bn

Forex reserves shy of record high at USD 371.14 bn

Foreign exchange reserves were just short of the life-time high after rising by USD 1.250 bn to USD 371.14 bn in the week to Apr 21.

Banks need to raise private capital to deal with bad loans: RBI

Banks need to raise private capital to deal with bad loans: RBI

The mounting problem of bad loans of banks cannot be resolved by their simple recapitalisation and options like raising private capital for state-run banks.

Hope RBI won't delay final resolution with Tatas: DoCoMo

Hope RBI won't delay final resolution with Tatas: DoCoMo

NTT DoCoMo hopes RBI will not create any more obstacle in enforcement of the $1.17-bn award by the Tata Group as approved by the Delhi HC.

Sebi issues fresh showcause notice to brokers in NSEL case

Sebi issues fresh showcause notice to brokers in NSEL case

Sebi said it has issued fresh notices to some brokers for their alleged involvement in the Rs 5,600 crore NSEL scam.

Sebi provides leeway for IFSC banking units to act as brokers

Sebi provides leeway for IFSC banking units to act as brokers

The decision is taken after taking into consideration the suggestions of market participants and Reserve Bank of India.

Big NBFCs eligible for QIB quota in IPOs: Sebi

Big NBFCs eligible for QIB quota in IPOs: Sebi

The move is expected to strengthen the IPO market and channelise more investments.

Fadnavis wants banks to resume lending to defaulting farmers

Fadnavis wants banks to resume lending to defaulting farmers

He said there are many farmers who have gone out of banking system after being unable to service their loans from banks.

Bonds gains, call rates remains lower

Bonds gains, call rates remains lower

The 6.97 per cent government security maturing in 2026 rose to Rs 100.23 from Rs 100.1725 previously.

Citi launches paperless payments solution for importers

Citi launches paperless payments solution for importers

Citi launched a paperless payment solution for importers, promising to reduce transaction time.

'Upside risks to inflation exist, may deter RBI from rate cut'

'Upside risks to inflation exist, may deter RBI from rate cut'

Upside risks to inflation persist despite prediction of a good monsoon and might deter the Reserve Bank from going in for a rate cut in the near future.

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