Morgan Stanley on HDFC Bank: Buy rating with a target price of ₹1850. Steady deposit growth YoY. End-of-period deposits rose 5% QoQ, while average deposits […]
Tag: RBI
SEBI Allows Mutual Funds to Sell Credit Default Swaps, Enhancing Liquidity in Corporate Bond Market
The Securities and Exchange Board of India (SEBI) has recently permitted mutual funds to sell credit default swaps (CDS), under specific conditions, in a move […]
SEBI Halts Axis Capital Debt Merchant Banking Over Regulatory Violations
The Securities and Exchange Board of India (SEBI) has taken strong action against Axis Capital by suspending its role as a merchant banker for debt […]
HDFC Bank in Talks to Sell Rs 8,400 Crore in Loans to Global Banks to Align Credit and Deposits
HDFC Bank Ltd., India’s largest private sector lender, is in discussions to sell up to Rs 8,400 crore ($1 billion) in loans to several global […]
RBI Cancels Registration of Margdarshak Financial Services Limited Due to Financial Irregularities and Compliance Failures
The Reserve Bank of India (RBI) has canceled the Certificate of Registration (CoR) of M/s Margdarshak Financial Services Limited, meaning that the company is no […]
India Central Bank’s August MPC Minutes: Inflation Trends, Policy Stance, and Economic Outlook
India Central Bank Chief Das: – According to the Monetary Policy Committee (MPC) minutes, headline inflation for July and the second quarter of the current […]
Indian Rupee Strengthens Amid Expected MSCI Inflows and Steady Crude Prices
The Indian rupee strengthened for the second day in a row against the US dollar on Friday, ahead of expected foreign investments due to changes […]
Indian Rupee Opens Lower Against US Dollar Amid Falling Crude Prices and MSCI Index Expectations
The Indian rupee started weaker against the US dollar on Tuesday, opening at 83.92, currently at 83.94. This marks a slight depreciation of 4 paise […]
Ransomware Attack Disrupts Over 300 Small Indian Banks; RBI and C-Edge Remain Silent
C-Edge Technologies has been attacked by ransomware, causing service disruptions for over 300 small Indian banks. Neither the RBI nor C-Edge Technologies has issued a […]
RBI Issues Revised Guidelines for Bad and Doubtful Debt Reserve (BDDR) in Co-operative Banks
RBI Issues Guidelines on Prudential Management of Bad and Doubtful Debt Reserve (BDDR) for Co-operative Banks Uniform Treatment of Provisions: – Effective from the Financial […]
RBI Permits Use of Brickwork Ratings for Loans Up to Rs 250 Crore and Tweaks Remittance Norms to IFSCs
The Reserve Bank of India (RBI) has allowed banks to use ratings by Brickwork Ratings India for loans up to Rs 250 crore. In October […]
RBI Maintains Key Interest Rates at 6.50% and Provides Economic Outlook
The Reserve Bank of India (RBI) has kept interest rates unchanged: – Actual: 6.50%– Expected: 6.50%– Previous: 6.50% In addition, the RBI maintained the Cash […]