HDFC Asked To Stop Digital Launches, New Credit Cards By RBI
The order by the RBI comes after an outage at the HDFC’s data centre, that impacted the operations of the bank last month. On Thursday,...
Tag : RBI
Union Cabinet Approves Laxmi Vilas Bank Merger With DBS Bank
Lakshmi Vilas Bank was running in losses for the last three years. This is the first time that the help of a foreign bank is...
Editorial with Sujit Nair: What Happens If Corporates Own Banks?
Raghuram Rajan, the renowned economist and former governor of Reserve Bank of India, and Viral Acharya, a former deputy governor of RBI, have said criticized...
Business Tit-Bits: Adani Bank, Ambani Bank
Raghuram Rajan, the renowned economist and former governor of Reserve Bank of India, and Viral Acharya, a former deputy governor of RBI, have said criticized...
Proposal To Allow Corporates Into Banking Is A ‘Bombshell’: Raghuram Rajan & Viral Acharya
In a note published on Monday on LinkedIn, they said: “It will further exacerbate the concentration of economic (and political) power in certain business houses.”...
Business Tit-Bits: DHFL – A TIME TESTED SCAM FORMULA
In this episode of the Business tit-bits our Business Editor Mr Akhilesh Bhargava shares his take. #DHFL...
Business Tit-Bits: ILFS, PMC, YES BANK, DHFL, LVB…
Recently, the RBI announced the merger of DBS India and Laxmi Vilas Bank after putting the bank on moratorium. It restricted the withdrawal limit till...
On RBI’s Report Warning ‘Recession’ In Indian Economy, Rahul Gandhi Slams Modi Govt Actions
Targeting the BJP-led government in the centre over the continuous downturn in the economy, Rahul Gandhi blamed it on “Mr Modi’s Actions”. New Delhi| Congress...
LIVE: Additional Rs 10,000 Crore Announced For PM Garib Kalyan Rozgar Yojana
FM also said Rs 900 crore being provided for research and development of Indian Covid vaccine to Department of Biotechnology. New Delhi| Amid a continuous economic...
For The First Time, India In Technical Recession: RBI Warns
If the research is to be believed, then the country has gone into an economic recession for the first time in history Mumbai| The trend...