NEW DELHI: The finance ministry has relaxed norms for expenditure exceeding Rs 500 crore to accelerate capex (capital expenditure) that is pegged at Rs 11.11 lakh crore for the current…
MUMBAI: RBI has tightened norms for deposit-taking housing finance companies and brought them on an par with non-banking finance companies. The new norms increase liquidity requirements, restrict deposit mobilisation based…
MUMBAI: RBI has imposed penalties on ICICI Bank and Yes Bank of Rs 1 crore and Rs 91 lakh, respectively, for violation of norms. Yes Bank violated RBI norms by…