LIC eyes stake in health insurer, seeks long-term bonds from RBI: Report
State-owned Life Insurance Corporation of India (LIC) is expected to announce the acquisition of a stake in a standalone health insurance company by the end of the current financial year (FY25), LIC's ...
Mid-Day on MSN52m
RBI, Bank of Mauritius sign pact on use of local currencies for transactions
The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) have signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies — the Indian Rupee ...
The Financial Express2h
RBI gets twice the bids for Rs 50,000-crore OMO
RBI received over Rs 1.01 lakh crore in bids for OMO purchases, aiming to ease liquidity pressures ahead of tax and GST outflows, with support from its measures.
RBI and Bank of Mauritius sign MoU to promote use of local currencies for cross-border trade
RBI and BOM sign MoU to promote INR and MUR use in cross-border transactions, enhancing trade and financial integration.
China’s DeepSeek dive; RBI’s Scapia nod
Chinas AI race has gotten the DeepSeek fillip, with its tech bigwigs now catching up. This and more in todays ETtech Top 5.
New India Bank case: Depositors ask RBI for measures to revive bank
An organisation representing depositors of the New India Co-Operative Bank, hit by alleged embezzlement of Rs 122 crore, have submitted a petition to the Reserve Bank of India, seeking immediate ...
Devdiscourse3h
Deposit Crisis: Depositors Demand RBI Intervention to Revive New India Co-Operative Bank
The New India Co-Operative Bank faces a crisis after alleged embezzlement of Rs 122 crore. Depositors petition the RBI for immediate intervention to revive the bank and alleviate their financial ...
India central bank chief urges common pool of climate-focused projects to enhance financing
Indian banks and non-bank finance companies (NBFCs) should consider setting up a common pool of bankable projects for climate ...
India rupee, bonds to take cues from Fed policy decision, commentary
The Indian rupee alongside government bonds will likely take cues from the U.S. Federal Reserve's policy decision and commentary on the impact of policy changes under the new Trump administration.
India Today on MSN5h
RBI assures IndusInd Bank customers: 'Bank's financial health remains stable'
The RBI has advised depositors and investors not to react to unverified reports regarding IndusInd Bank and instead trust official statements and regulatory updates.
Devdiscourse6h
RBI and BOM Seal Historic Pact for Cross-Border Currency Transactions
The Reserve Bank of India and the Bank of Mauritius signed an MoU to promote the use of Indian and Mauritian Rupees for cross-border transactions. This agreement aims to optimize trade costs and ...
RBI and Bank of Mauritius sign MoU to promote use of local currencies in bilateral transactions
The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies, viz., the Indian Rupee ...