The agency added that the RBI's internal working group's concerns regarding the concentration of economic power, as well as financial stability in permitting corporate houses to own banks, are some of the potential risks

Srei Infra share  fell 15.64% intra day to Rs 5.66 against previous close of Rs 6.71 on BSE.

Former Reserve Bank of India's (RBI) governor Raghuram Rajan and deputy governor Viral Acharya in an article he posted on LinkedIn, stated that it is important to stick to the tried and tested limits on corporate involvement in banking

German Finance Minister Olaf Scholz told journalists on Sunday that total new debt for the years 2020 and 2021 would be slightly higher than 300 billion euros, without providing a breakdown

Current tariff 'unsustainable'; need telcos, TRAI to support hike: Sunil Mittal Bharti Airtel Chairman Sunil Mittal has stressed on the need for a hike in telecom tariff as the current rates are \"unsustainable\". However, he said that the telecom market and regulator would have to be on the same page before Airtel can go ahead with a tariff hike. Mittal added that Airtel has taken a clear stance on the issue of tariffs and is of the view that a hike is necessary. World Bank cautions G20 ...

Gross domestic product (GDP) fell 5.8% year-on-year in the third quarter, the ministry of trade and industry said on Monday, smaller than the 7% drop seen in the government's advance estimate

Unexplained outage in HDFC Bank data centres led to total disruption in UPI, ATM and card channels of bank for over 12 hours. HDFC Bank customers have faced similar digital disruption for third time in two years

India Stock Market Highlights Today: IndusInd Bank, followed by Bajaj Finserv, Bajaj Finance, Reliance Industries, ONGC, NTPC and Tata Steelwere among the top gainerz in the Sensex pack. On the other hand, HDFC, Asian Paints, ITC and Bharti Airtel were among the laggards

At the event titled \"Safeguarding the Planet,\" PM Modi mentioned India's achievement of meeting the goal of 175 gigawatts of renewable energy before the target of 2022, and promised \"a big step ahead by seeking to achieve 450 gigawatts by 2030\"

Pakistan along with 76 other poor African countries had qualified for the G-20 debt relief initiative, announced in April this year for May-December 2020 period, to combat the adverse impacts of the COVID-19 pandemic

Customers took to Twitter on Satursay to complain about the unavailability of transactional services, as well as issues with linked accounts on other applications like Paytm, Google Pay

FPIs pumped in Rs 44,378 crore in equities and Rs 5,175 crore in the debt segment, taking the total net investment to Rs 49,553 crore between November 3-20

The Bengaluru-based company will develop nearly 3,400 housing units in these four projects over the next three and half years

Ashima Goyal, who has been appointed as member of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), said there is progress on many reforms and that will make higher long-run growth sustainable

In separate but almost identical stock exchange filings, CG Power and Murugappa Group firm Tube Investments of India Ltd (TIIL), said lenders have accepted one-time settlement and restructuring of debt

B30 (beyond top 30 cities) accounted for 16 per cent of the total industry Average Assets Under Management (AAUM) in October this year, and the balance was contributed by T30 cities, or the top 30 locations in India

World Bank President David Malpass warned that debt challenges were becoming more frequent, and failure to provide more permanent debt relief left a bleak outlook for reducing poverty

Addressing the virtual G20 Summit hosted by Saudi Arabia's King Salman, Xi said China will always be a builder of global peace, a contributor to global development and a defender of international order

The twin crises of the pandemic and an uneven, uncertain global recovery dominated the first day of a two-day summit under the chairmanship of Saudi Arabia, which hands off the rotating presidency of the G20 to Italy next month

Fitch sees the country's GDP to remain below 2019 levels even in 2022 as the debt burden increases pressure on public finances in Africa's most industrialised economy