News from Reserve Bank of India
Stay current with all the latest and breaking news about Reserve Bank of India, compare headlines and perspectives between news sources on stories happening today. In total, 349 stories have been published about Reserve Bank of India which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news about Reserve Bank of India, compare headlines and perspectives between news sources on stories happening today. In total, 349 stories have been published about Reserve Bank of India which Ground News has aggregated in the past 3 months.
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Reserve Bank of IndiaThe Reserve Bank of India has cleared Canara Bank's plans to divest 70% stake in its subsidiary, Canbank Factors.At this point, the bank is evaluating procedures for this divestment and did not specify further details in its exchange filing on Tuesday.Canbank Factors was incorporated in 1991 with the Small Industries Development Bank of India and Union Bank of India as the co-promoters.The lender has also proposed to buy out the stakes of Bank o…See the Story
Canara Bank Looks To Rejig Subsidiaries
Reserve Bank of IndiaJSW Steel on Tuesday said it has paid about Rs 2.79 lakh that was levied as penalty by the Reserve Bank of India on JSW Ispat Special Products Ltd.JISPL was amalgamated with effect from Jul. 31, 2023 after an order of the National Company Law Tribunal dated Jun. 22, 2023, JSW Steel said in a filing on Tuesday."A penalty of Rs 2,79,718 levied by the RBI vide its order dated Nov. 22, 2023 on the erstwhile JISPL in response to a compounding applica…See the Story
JSW Steel Pays Rs 2.79 Lakh Penalty Levied By RBI On JISPL
Reserve Bank of India · New DelhiThe Delhi High Court has asked police to respond to requests for information from the public. The court has also asked for a meeting to be held between the police and the cyber crime cell. The meeting is expected to take place on December 20th, according to the court's order.See the Story
Banks should respond diligently to police requests for information: Delhi HC
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Reserve Bank of India · DelhiThe Reserve Bank of India (RBI) on November 24, 2023 added 19 entities to its Alert List of unauthorized forex trading platforms. These entities/ platforms/ websites are:
Admiral Market (Website) BlackBull (Website) Easy Markets (Website) Enclave FX (Website) Finowiz Fintech Limited (Website) FX SmartBull (Website) Fx Tray Market (Website) Forex4you (Website) GoDo FX (Website) Growing Capital Services Ltd. (Website) HF Markets (Website) HYCM Ca…See the Story
RBI Expands Alert List with 19 New Unauthorized Forex Trading Entities
GoldThe Reserve Bank of India has set a redemption price of Rs 6,132 for the first tranche of sovereign gold bonds, which will be due for redemption on Nov. 30.The regulator has set the redemption price of SGB on the simple average of the closing price of gold of 999 purity of the week preceding the date of redemption, as published by the India Bullion and Jewellers Association Ltd. (IBJA)."Accordingly, the price for the final redemption due on Nov.…See the Story
First Sovereign Gold Bonds To Mature On Nov. 30. Here's How Much Investors Made From The First Issue
Reserve Bank of India · IndiaAn interest rate cut by India’s central bank next year can boost the country’s bond market that has already witnessed its biggest ever low-grade local debt sale this year, according to Deutsche Bank.Earlier in June, Goswami Infratech Pvt., a property firm controlled by billionaire Shapoor Mistry, raised 143 billion rupees ($1.7 billion) offering 18.75%, setting a new benchmark in the high-yield market. Deutsche was one of the arrangers to the salSee the Story
Deutsche Sees Any Rate Cut By RBI Boosting India’s Bond Market
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