Financial System

Coronavirus Outbreak: RBI governor Shaktikanta Das meets NBFCs, MFs sector; reviews liquidity situation

Operations of NBFCs have commenced from Monday as the government eased restrictions for the lockdown.

RBI governor meets bank chiefs; reviews execution of measures aimed at reducing financial stress

The RBI governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period.

Stock Markets LATEST Updates: Markets rebound, end in green; Infosys, Adani Ports, HUL among major gainers

Stock Markets LATEST Updates: Markets rebound, end in green; Infosys, Adani Ports, HUL among major gainers

Karvy Group announces corporate restructuring after SEBI action; non-financial businesses to be housed in separate arm

Securities held by KSBL were used by the brokerage for borrowing from the lenders courtesy the PoA.

Financial system stable, but the worst yet to be over, NMDC valuations remain attractive; all this and more on Moneycontrol Pro

NMDC has suffered because of the steel industry entering a downward cycle and uncertainty over renewal over its mines in Karnataka.

Financial system stable despite weakening economic growth; reviving consumption, investment a major challenge: RBI

The PSBs need to build stronger buffers to absorb any disproportionate operational losses, while private lenders need to focus on corporate governance, the RBI said.

Central Vigilance Commission sets up panel to examine bank fraud over Rs 50 cr, to be headed by former CVC head TM Bhasin

The four-member board's jurisdiction would be confined to those cases involving the level of officers of General Manager and above in the PSB

Demonetisation good move to boost economy though people faced hardships, says HDFC MD Aditya Puri

Aditya Puri also backed the Narendra Modi government's endeavour to promote digitisation in the banking system

India to be represented in new Global Foreign Exchange Committee

India will soon have representation in the Global Foreign Exchange Committee (GFXC) of various central bankers and experts that have been recently formed to work towards the development of a transparent global foreign exchange market.

GST rollout: New indirect tax regime brings in a mixed bag of gifts for BFSI sector

GST on leasing harmonises input across all levels to make the end product cost effective to the consumer