RBI to strengthen its risk-based supervision of banks and NBFCs

RBI to strengthen its risk-based...

The Reserve Bank has decided to review and strengthen the Risk Based...

Mutual Funds to Make Disclosure About Scheme Risk Meter...

According to the markets regulator Sebi, mutual funds would have to disclose scheme risk-o-meter, results, and portfolio information to investors only for...

Labour Ministry hikes maximum sum assured payable under...

The labour ministry has implemented a decision of retirement fund body EPFO's trustees to hike the maximum sum assured which is payable under the Employees'...

RBI to conduct OMOs worth Rs 10K crore on May 6th

To pump up liquidity, the Reserve Bank of India will conduct a one-day 'Open Market Operations' on May 6 to simultaneous purchase and sell government securities...

Zomato files IPO for Rs 8,250 crore

Food delivery startup Zomato, backed by China's Ant Group, has filed for an initial public offering of up to Rs 8,250 crore ($1.11 billion), as consumers increasingly turn to ordering food online during the Covid-19 pandemic....

Tips to Manage Business Liquidity During the Pandemic

Tips to Manage Business Liquidity During the Pandemic

For companies, maintaining liquidity throughout COVID-19 has become...

ARC Committee Invites Suggestions and Views from Stakeholders Says RBI

ARC Committee Invites Suggestions and Views from...

The Reserve Bank of India (RBI) announced on Wednesday that the asset...

Finance Minister Allows Additional Borrowings for States Implementing Key Institutional Reforms

Finance Minister Allows Additional Borrowings for States...

The Finance Ministry has permitted additional borrowings of Rs 1.06 lakh...

Central Government may waive GST on vaccines

The government may waive Goods and Services Tax (GST) on Covid-19 vaccines to reduce their cost—up to ₹1,200 a dose in private hospitals starting May 1 depending on the vaccine and this is in an attempt to ease the burden on people and encou.....

Retail borrowers make the most of the recast plan

Retail loans restructured under a central bank scheme announced last year were more than thrice the corresponding figures for corporate loans, initial data released by the top private sector lenders showed. HDFC Bank Ltd, ICICI Bank Ltd and...

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