The central bank also said the collective contribution of all such entities in any AIF should not cross 20% of the corpus.

The rupee declined to over four-month low level and closed 21 paise weaker at 86.91 against the US dollar on Tuesday, weighed down by a jump in the American currency index and a surge in crude oil ...

RBI relaxes norms on lenders' investments in AIF schemes, allowing up to 20% corpus investment, strengthening internal ...

The fraud targeted farmers, unemployed youth and daily wage workers. Naidu was apprehended by CID officials from Amaravati, ...

Unclaimed deposits in Indian banks reach ₹52,174 crore. RBI`s UDGAM portal helps users locate and claim these funds ...

Indian equities snapped a three-day losing streak on Tuesday, with the benchmark indices climbing as value buying in ...

The Reserve Bank of India has set a 10% investment cap for regulated entities in any Alternative Investment Fund scheme, with ...

The Reserve Bank on Tuesday capped contributions by a single regulated entity (RE), including banks and NBFCs, at 10 per cent ...

Indian equity benchmarks are poised for a subdued opening on Tuesday, with the GIFT Nifty trading 0.13% lower at 24,676 in ...

By Jaspreet Kalra and Ashwin Manikandan MUMBAI (Reuters) -Indian lenders are pulling back on retail credit just as the ...

Deputy Governor warns of unethical practices in banking, emphasizes need for ethical growth strategies and effective resource ...

Reserve Bank of India (RBI) limits a single bank's investment in an Alternative Investment Fund (AIF) scheme to 10% of the ...