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Jio Financial Services seeks RBI approval to convert from NBFC to CIC
CICs are NBFCs that invest in the equity shares, preference shares or convertible bonds or loans of their group companies
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RBI mulls new penalty framework for banks: Report
There is also speculation about the possibility of imposing additional capital charges on regulated entities, as per the report
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RBI likely to hold repo rate, focus on falling inflation trajectory over the rate of inflation
With this easing CPI inflation, economists expect the RBI’s MPC to hold repo rates again in its October monetary policy
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Report: RBI likely to launch digital rupee pilot for interbank transactions by October
In November 2022, the pilot of the wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched
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RBI approves Dipak Gupta's appointment as interim chief of Kotak Mahindra Bank
The Reserve Bank of India has approved the appointment of Dipak Gupta as the interim managing director and chief executive officer of Kotak Mahindra Bank
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New RBI rules to regulate penal charges on loans to come into effect from next year
The guidelines with respect to penal charges in loan accounts will be effective from January 1, 2024
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Karur Vysya Bank share price jumps over 4% as RBI okays reappointment of MD & CEO
On the technical front, as per trendlyne data, the stock price rose 184.3% and outperformed its sector by 150.9% in the past year
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