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rbi

RBI imposes financial penalties on 9 cooperative banks

The Reserve Financial institution of India (RBI) on Monday knowledgeable that it has imposed financial penalties on 9 cooperative banks from six states for non-compliance with numerous provisions. The financial institution regulator has…

IPO: NBFC financing cap limits HNI bets on IPOs

Mumbai: Bids for inventory allocation in preliminary public choices (IPO) by rich people have grow to be quite conservative after the central financial institution capped the IPO financing ceiling for non-bank lenders to ₹1 crore per…

RBI, CCIL urge Japan to drop inspection clause

The tussle between Indian monetary market regulators and their friends in developed international locations over 'extra-territorial jurisdictions' is enjoying out on a number of fronts, leaving a dozen MNC banks making an attempt to…

Sebi desires say in inspections; RBI but to relent

The Securities and Change Board of India (Sebi) is known to be open to permitting European regulators to examine key monetary market establishments in India so long as the abroad watchdogs perform such inspection together with Sebi…