Browsing Tag
Reserve Bank of India
117 posts
HDFC Bank has sent two CEO names to the RBI. What happens before Sashidhar Jagdishan leaves?
HDFC Bank has submitted two candidates for Reserve Bank of India approval as Sashidhar Jagdishan prepares to leave on October 26, bringing its closely watched CEO succession into the regulatory phase.
India inflation rises to 4.82% as food and fuel pressures strengthen case for RBI rate hike
India’s August retail inflation accelerated above the Reserve Bank of India’s 4% target while wholesale inflation hit 9.92%, increasing pressure on policymakers as crude oil approaches $108 a barrel.
Reserve Bank of India to drain Rs 1tn liquidity through bond sales as surplus cash surges
The Reserve Bank of India will sell â‚ą1 trillion of government securities after extraordinary forex inflows pushed banking-system liquidity far above comfortable levels.
RBI rejects Tata Sons’ deregistration bid. Is India’s biggest potential IPO back on the table?
The Reserve Bank of India has rejected Tata Sons’ attempt to surrender its core investment company registration, leaving the Tata Group holding company exposed to an Upper Layer NBFC rule requiring a stock-market listing.
HDFC Bank Q1 profit reached Rs 19,060cr. Why has it sent two CEO names to the RBI?
HDFC Bank has submitted two candidates for managing director and CEO to the Reserve Bank of India as Sashidhar Jagdishan prepares to retire on October 26, putting one of Indian banking’s most consequential succession decisions into the regulator’s hands.
India launches UPI tap-to-pay as Apple Pay prepares full October rollout
India has introduced a new contactless UPI payment option allowing users to tap smartphones at compatible point-of-sale terminals, extending a network that processed a record 24.51 billion transactions in August and raising the competitive stakes before Apple Pay’s expected full Indian launch.
Indian rupee breaks 95 per dollar as Brent above $100 sends stocks to three-month low
The Indian rupee has closed beyond 95 per U.S. dollar while the Sensex and Nifty fell to their lowest levels since June 11, as Brent crude moved above $100 and traders pointed to fresh Reserve Bank of India intervention.
LIC can nearly double ICICI Bank stake after RBI grants 9.99% ownership ceiling
The Reserve Bank of India has authorised Life Insurance Corporation of India to hold up to 9.99% of ICICI Bank within one year, giving the insurer scope to more than double its current stake while stopping well short of obligating LIC to make any specific purchase.
Why Kotak Mahindra Bank’s CEO race matters as quarterly profit jumps 26%
Kotak Mahindra Bank has reportedly submitted internal executives Anup Saha and Paritosh Kashyap to the Reserve Bank of India as potential successors to Ashok Vaswani, creating a closely watched leadership contest as standalone quarterly profit rises 26%, advances grow 15% and the lender targets a stronger position among India’s largest private banks.
Federal Bank (NSE: FEDERALBNK) clears five-year $500m foreign-currency funding plan via GIFT City
The lender can issue up to $500 million of foreign-currency debt through its GIFT City banking unit, joining a broader wave of Indian banks tapping overseas markets.