2021: The year India’s bonds found long-term love in foreign investors
In advance, foreign institutional investors (FII) only numbered $ 3.4 billion to Indian bonds so far this year. It was lower than the $ 5 billion in the pre-pandemic year…
Rakesh Jhunjhunwala, RK Damani approach RBI with request to buy 10% stake in RBL Bank
ACE Investor Rakesh Jhunhunwala and Founder of D-Mart RK Damani have approached the Reserve Bank of India (RBI) with a request to buy a 10 percent stake at Bank RBL…
RBI Monetary Policy: Banks need no approval to infuse capital in branches, overseas arms
There is no RBI approval needed for banks to invest in their branches and foreign arms, Governor of Bank India’s reserve Shaktikanta Das said on Friday. At present, banks who…
RBI’s new ombudsman scheme: Here’s how you can file complaints
The Reserve Bank of India (RBI) these days released the Integrated Ombudsman Scheme. The ‘One Nation-One Ombudsman’ machine is to reinforce the complaint redressal mechanism for purchaser lawsuits towards entities…