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RBI approves HDFC Bank group to acquire up to 9.50% share in Kotak Mahindra Bank, AU SFB and Capital SFB
RBI has given its approval to HDFC Bank group to acquire “aggregate holding” of up to 9.50 per cent of the share capital or ...
Indian Banks Said to Ask RBI to Ease Cash Crunch With FX Swaps
Some big lenders in India have asked the central bank to inject liquidity using foreign-exchange swaps as short-term currency ...
RBI may cut policy rates by 50 basis points in first half of 2025: Report
This reduction in policy rates is expected to stabilise regulatory momentum, potentially fostering growth and supporting ...
RBI lifts lending restrictions placed on microfinance lender Arohan with immediate effect
RBI lifts lending restrictions on Arohan Financial Services due to fair loan pricing, ensuring compliance with regulations.
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RBI removes supervisory restrictions on Arohan Financial Services
RBI has removed supervisory curbs on Arohan Financial Services after the NBFC took corrective measures and committed to ...
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RBI Reports Major Return of Rs 2000 Notes: What's Next?
The Reserve Bank of India announced that 98.12% of Rs 2000 banknotes have been returned to the banking system after their ...
Diversifying assets: RBI strategy has a heart of gold
The Reserve Bank of India has significantly increased its gold purchases, buying 50 tonnes so far in FY25 to diversify its ...
Rupee Volatility Surge Puts RBI’s Currency Strategy in Focus
A gauge of the Indian rupee’s volatility jumped to its highest level in over a year, fueling speculation that the nation’s ...
RBI removes restrictions on Arohan Financial Services
RBI lifts supervisory restrictions on Arohan Financial Services in Mumbai after compliance with regulatory guidelines.
Are banks open on January 4? Here's the RBI holiday calendar for January 2025
The Reserve Bank of India (RBI) has recently published the list of bank holidays for 2025 by state. Banks will be open on ...