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Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Non-banking financial companies slip as RBI plans to strengthen norms

Dewan Housing Finance Corporation Ltd's stock fell as much as 12.3 per cent.

8 Oct 2018 2:41 PM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI raises limit for borrowing from microfinance institutions

The limit has been increased from Rs 1.6 lakh for urban or semi-urban areas to Rs 2 lakh, the RBI said in a circular.

8 Nov 2019 8:28 PM IST

$\There is an imminent crisis in the NBFC sector. There is a credit squeeze, over-leveraging, excessive concentration, massive mismatch between assets and liabilities, coupled with some misadventures by some very large entities, which is a perfect recipe for disaster,\ Injeti Srinivas said.$ Business

Imminent crisis in NBFC sector: Corporate Affairs Secy

The financial system has been grappling with multiple woes in the wake of the turmoil at IL&FS group.

12 May 2019 5:09 PM IST

Reserve Bank of India (RBI)

Failure at a big Indian non-bank lender could cause large damage: RBI

The central bank issued the warning in its latest Financial Stability Report, released on Thursday night.

28 Jun 2019 3:43 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI sets average base rate of 9.18 pc for NBFC-MFI borrowers for July...

RBI sets the average base rate for NBFC-MFIs on the basis of average of base rate of the five largest commercial banks.

28 Jun 2019 3:20 PM IST

Suggestions were made to introduce a special liquidity window for NBFCs. (Photo: ANI)

Sitharaman holds 3rd pre- Budget consultation with stakeholders from...

IDBI MD Rakesh Sharma shared that in the meeting, suggestions were made to enhance corporate bond markets.

13 Jun 2019 3:06 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

Foreign investors pull out Rs 475 cr from Indian markets in first week...

As per latest data, FPIs withdrew amount of Rs 3,710.21 crore from equities but invested Rs 3,234.65 crore in the debt.

7 July 2019 11:38 AM IST

The banks will also be attempting to encourage its customers who want credit to be extended to them, Sitharaman said. (Photo: ANI)

Banks to hold meetings in 400 districts to boost credit flow: FM...

She said 200 districts will be covered in 1st phase till Sept 29 and next 200 districts will have similar gatherings...

19 Sept 2019 9:14 PM IST

The last time it had posted higher sales than this was in March 2019 when it had sent 145,031 units to its dealers.

Auto industry seeks immediate policy steps as sales continue to...

The consumer sentiment also continues to be low and there is clearly a trust deficit in lending money to the dealers.

2 Sept 2019 3:05 PM IST

Adani Group on Wednesday announced foray into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the National Highways Authority of India (NHAI).

Adani Group to provide customised solutions to entrepreneurs

The move comes amid widespread caution among public sector banks over the recent spate of towering bad loans.

24 May 2018 1:40 PM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Govt to take appropriate action to avoid 'market freeze': govt advisor

The finance ministry, RBI and SEBI are closely following the credit markets.

26 Sept 2018 5:38 PM IST

Finance minister Arun Jaitley speaks during a press conference in New Delhi. (Photo: PTI)

Govt to take all measures to ensure liquidity in NBFCs: Jaitley

The minister's remarks come in the wake of stock markets witnessing sudden and stiff fall in intra-day trade on Friday.

24 Sept 2018 11:00 AM IST