After rising for the past many weeks, the country's foreign exchange reserves declined by $ 739.2 million to $ 414.147 billion in the week to April 19, RBI data showed Friday.
The Supreme Court on Friday reprimanded the Reserve Bank of India (RBI) for refusing to disclose information pertaining to the annual inspection report on banks under the Right to Information (RTI) Act, and warned that any further attempts by the banking sector regulator to hold back such information “shall be viewed seriously by the court”.
The stability of NBFCs and mutual funds should not be overestimated.
Surat: Textile traders, facing tough times for the past several months, have pinned their hopes on Ramzan festival in the first week of March for a business-turnaround.
The RBI, on Friday, extended the deadline for Legal Entity Identifier (LEI) codes for participation in non-derivative markets. Now, the deadline for entities with net worth of over ₹1,000 crore to get the code is December 31, 2019, against the earlier deadline of April 30 this year.
May wait for the Model Code of Conduct to be withdrawn.