The domestic unit opened at 73.02 per dollar at the interbank forex market and inched 1 paisa higher to 73.01 over its previous close

RBI's recent order comes after it advised HDFC Bank to temporarily stop all new launches of digital business generating activities planned under its programme Digital 2.0 on December 3, 2020

Union Budget 2021: Share market expectation on Budget Day; key factors that will guide D-Street The budget announcements made by the FM will set the tone of the stock market on February 1 and thereafter. According to market analysts, the share market is expected to remain volatile in this eventful week as the Union Budget, macro data and RBI policy would be eagerly watched by investors. Besides, ongoing corporate earnings season would also impact stock market trading.    RBI to ...

The finance minister is being assisted by a team of advisers and secretaries in making Union Budget 2021 tasked with the mission to pull the economy from the deep abyss

Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil

Budget 2021: Severely hit by the pandemic, this 2021's budget will be keenly observed by the senior citizens who are expecting a rise in the Income Tax (I-T) exemption limit and additional rebates

Budget 2021: The finance ministry has discussed the proposals for bank recapitalisation and fund allocation will depend on a number of key factors

In the last MPC meet on December 4, the RBI had kept benchmark repurchase (repo) rate unchanged at 4 per cent amid concerns over elevated inflation, but maintained an accommodative stance

Stock market this week: The Indian benchmark indices are expected to remain volatile in this eventful week as the Union Budget, macro data and RBI policy would be eagerly watched by investors

The survey also pointed out that there are 366 CPSEs as of March 2020. Of these, 256 are in operation. Interestingly only 171 of the operational CPSEs booked profit during FY20

During the three-day subscription process between January 18-20, 2021, the IPO was subscribed nearly 3.5 times. It received bids for 432 crore shares against the issue size of 124.75 crore

The private bank has been penalised for two major outages -- one in November 2018 and the other in December 2019

Plan submitted to RBI includes both short and long-term solutions, which may take up to three months to implement. HDFC Bank was barred from issuing any new credit cards on December 12, 2020, after a series of technical glitches

Ahead of the IPO, IRFC had raised Rs 1,398.63 crores from 31 anchor investors. IRFC is issuing shares at a price band of Rs 25 to Rs 26

Setting up a BIC as a holding company or a core investment company was suggested by the P J Nayak Committee in its report on 'Governance of Boards of Banks in India'

The BharatPe-Centrum combine is one of the four bidders that have made submissions to the Reserve Bank of India for acquiring PMC Bank. The other bidders include UK's Liberty Group and two independent business houses

Piramal Enterprises' bid received 94 per cent votes as compared to 45 per cent for the US-based Oaktree Capital

In a stock exchange filing, the company said its board will meet on January 15 to consider share buyback as also payment of interim dividend for the fiscal year ending March 2021

The banking regulator noted that continuance of the bank is prejudicial to the interests of its depositors, and it would be unable to pay its present depositors in full in its present financial position

To save interest burden and ease fiscal pressure, government has decided to issue zero-coupon bonds for bank recapitalisation; RBI has raised concerns over calculation of an effective capital infusion made in any bank through this instrument issued at par