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RBI raises alarm over rising personal loan rates
This regulatory approach highlights RBI's proactive stance in mitigating risks linked to personal loans for stability in the financial sector
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Markets Flatten Out After Early Trade Rally on Thursday
Market Update: Benchmark equity indices initially surged in early trade on Thursday, Reliance Industries saw notable gains. Check it out
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RBI cracks the whip on Kotak Bank
These actions have been taken based on concerns arising out of RBI's IT examination of the bank for 2022 and 2023 and the failure on part of the bank
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RBI, Govt working on CBDC for payments abroad
CBDC is being issued in the same denominations as the paper currency and coins and is being distributed through banks
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Policy rates likely to remain unchanged in December MPC meet
The last time the central bank raised the repo rate was in February 2023. Before that, it raised the key policy rate by 2.5 percentage points from May
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No word from RBI on new CEO: Kotak Bank
Kotak Mahindra Bank has hired an executive search firm. Two of its internal candidates KVS Manian and Shanti Ekambaram are perceived to be among the i
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HAL, Max Health Care to be included in MSCI
HAL is expected to become part of MSCI index. Morgan Stanley expects $175 million inflow, Nuvama expects $190 million inflow due to inclusion.
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Adani stuck with 5G spectrum, may seek extension of deadline
Adani Data Networks, which acquired the spectrum in August last year, has decided to approach the department of telecommunications, seeking additional
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Fixed deposits: These two banks have revised rates
Fixed deposits: Kotak Mahindra Bank and Fincare Small Finance Bank have recently revised interest rates on FDs.
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Kotak Mahindra Bank Q2 PAT declines 7% YoY to Rs 2,032 cr
Kotak Mahindra Bank reported a Net Interest Margin (NIM) for Q2FY22 was at 4.45% as compared to 4.6% in Q1 FY22
