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India cenbank releases final guidelines for fintech self-regulatory body

India s central bank on Thursday released its final guidelines for financial technology firms to create a self-regulatory organisation that is aimed at enforcing regulatory standards and. -May 30, 2024 at 06:41 am EDT - MarketScreener

Rupee sees worst day in 7 weeks on importers dollar demand, election risk

The Indian rupee logged its biggest daily decline against the U.S. dollar in nearly seven weeks on Wednesday, pressured by persistent dollar demand from importers and election-related risks. . -May 29, 2024 at 06:10 am EDT - MarketScreener

India cenbank acts against two Edelweiss Group companies for evergreening loans

India s central bank on Wednesday barred two Edelweiss Group companies from acquiring financial assets or undertaking structured transactions, saying they engaged in evergreening distressed.

India announces fresh buy back of bonds despite tepid interest

The Indian government announced a third buy back of bonds this month after the first two attempts were met with a tepid response. The central bank said it would buy back 600 billion. -May 16, 2024 at 09:30 pm EDT - MarketScreener

India s Bandhan Bank posts slide in Q4 net profit on write-offs, higher provisions

Indian private lender Bandhan Bank reported a 93% drop in fourth-quarter net profit on Friday as it increased provisions and wrote off bad loans. The Kolkata-based bank s net profit.

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