Reserve Bank of India and Bank of Mauritius sign MoU to promote the use of Indian Rupee and Mauritian Rupee for cross-border transactions, aiming to optimize costs and settlement time.

Reserve Bank and the Bank of Mauritius (BOM) have signed a pact for establishing a framework to promote the use of the Indian Rupee and the Mauritian Rupee (MUR) for cross-border 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 ...

The Life Insurance Corporation of India (LIC) is set to acquire a stake in a standalone health insurance company by the end of the current financial year (FY25), its Managing Director and Chief ...

Mumbai, Mar 18 (PTI) Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday. Siddhartha ...

LIC seeks RBI approval for long-term government bonds, including 100-year paper, to match its long-term life insurance policies. The move aims to support LIC's investments and potentially boost the ...

Even as AI plays a pivotal role, Malhotra emphasised that customer service is ultimately a human-driven function. He urged financial institutions to invest in training staff on the behavioural aspects ...

This move comes as the bank seeks to strengthen its funding position following the revelation of a Rs20bn accounting discrepancy in its derivatives book.

What is needed is a robust and institutionalised system of resource federalism as an intrinsic part of fiscal federalism. - Issue Date: Mar 16, 2025 ...

LIC in talks with RBI for 50-year and 100-year bonds to meet long-term obligations, CEO Siddhartha Mohanty confirms.

The Gujarat High Court has taken action by issuing a notice to a Rajkot cooperative bank and the RBI after a petitioner's CIBIL score dropped due to a mix-up in loan guarantor identities. The ...

Scapia was founded in 2022 by Anil Goteti, who was previously a senior vice president at ecommerce behemoth Flipkart.