RBI Governor Shaktikanta Das Ranked World’s Best Central Banker Again
For the second year in a row, RBI Governor Shaktikanta Das has been named the top central banker globally by Global Finance magazine, solidifying his leadership in steering India’s monetary policy
RBI to Launch New Unified Lending Interface (ULI)
To simplify lending for small borrowers, RBI plans to roll out the Unified Lending Interface (ULI), similar to UPI’s success in digital payments, aiming to transform the lending landscape
Manba Finance IPO Subscribed Over 224 Times
The Manba Finance IPO, priced between Rs 114-120 per share, saw massive demand, with the retail portion subscribed 144 times and non-institutional portion 511 times. The company raised over Rs 150 crore
RBI Imposes Rs 2.91 Crore Penalty on Axis and HDFC Bank
For lapses in compliance, RBI has imposed a fine of Rs 2.91 crore on Axis Bank and HDFC Bank, reflecting the regulator's strict stance on statutory and regulatory breaches
SBI Sanctions Rs 10,050 Crore Loan for Jharkhand Power Project
SBI has approved a massive Rs 10,050 crore project loan to Damodar Valley Corporation to build two 800 MW thermal power units in Jharkhand, advancing the state’s energy infrastructure
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