Banks struggle with margin pressure as loan growth slows amid high interest rates: S&P Global
Indian banks and prominent financial institutions are facing margin pressure according to S&P Global Market Intelligence. This is impacting loan growth and margins for the banking sector.
RBI purchases bonds via OMO, while managing market sentiments
The Reserve Bank of India initiated a Rs 20,000 crore liquidity infusion through an OMO purchase, accepting liquid and illiquid bonds to manage market sentiments. The operation involved purchasing ...
First OMO purchase auction under RBI’s latest liquidity infusion measures gets huge response from banks
The RBI sought to buy five Goverment Securities (G-Secs/ GS) via the OMO purchase auction from Banks. But it accepted offers ...
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Ellis, Wyckoff Named Preseason All-SEC
Arkansas senior first baseman Bri Ellis and junior utility player Kailey Wyckoff were named Preseason All-SEC as the Razorbacks were predicted to finish seventh in a vote by the league’s coaches, the ...
RBI tightens norms for imposing penalty under payment systems law
The Reserve Bank on Thursday tightened norms for imposing monetary penalties and compounding offences under the Payment and Settlement Systems Act (PSS Act) to rationalise and consolidate enforcement ...
RBI Tightens Penalty Norms for Payment Systems Law Enforcement Actions
The Reserve Bank of India has revised penalty norms under the Payment and Settlement Systems Act to enhance enforcement actions against violations.
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Economic Survey set to be presented Friday afternoon, setting tone for Budget 2025; check its importance and history
The wait for the Budget 2025 is over as the Narendra Modi-led NDA government is set to table the Economic Survey in the ...
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RBI Introduces Updated Framework for Payment Penalties
Reserve Bank of India (RBI) has updated its framework for imposing monetary penalties and compounding offences under the Payment and Settlement Systems Act, 2007 (PSS Act). The revisions, which come ...
RBI files Aviom Housing insolvency petition at Delhi NCLT, appoints 3-member panel to assist administrator
Within days of superseding the board and appointing an administrator, the Reserve Bank of India has filed an insolvency petition against the troubled housing finance firm Aviom India Housing Finance ...
Red Sox Would Acquire $7.8 Million Star In Blockbuster Trade Idea
The Boston Red Sox could acquire an underrated star from the Los Angeles Angels in a blockbuster offseason trade.
RBI Buys 200 Billion Rupees of Bonds at Open Market Auction
India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.
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RBI Initiates Insolvency Process Against Aviom India Housing Finance
The Reserve Bank of India has taken action against Aviom India Housing Finance Private Limited by filing for a corporate insolvency resolution process due to governance concerns and payment defaults.