The central bank said it will hold open market operations for up to Rs600bn (US$6.93bn) in three tranches of Rs200bn each on January 30, February 13 and February 20 ...

According to Revenue Minister Krishna Byre Gowda, RBI guidelines set Rs 2 lakh as the limit for loans given out by ...

The RBI has issued new guidelines allowing foreign-owned or controlled companies in India to buy and swap shares with local ...

An FOCC is defined as a company where foreign ownership exceeds 50 percent, or where foreign entities exert control through management rights or board representation.

Foreign Businesses can foray into the Indian market without establishing a new and separate legal entity in India by just setting up a Branch Office, Liaison Office, or Project Office as per the ...

Karnataka Chief Minister Siddaramaiah on Saturday said the state government would amend the existing laws related to the ...

More than 300 people spent Monday at the Greater Chicago Food Depository for the MLK Day of Service. "It's really great to ...

Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao has cautioned that a higher reliance on wholesale funds to meet ...

A dedicated liquidity window mechanism or emergency lines of credit from financial institutions can go a long way in ...

The Reserve Bank of India (RBI) has introduced a series of regulatory amendments to encourage the use of the Indian Rupee in ...

To promote the use of the Indian Rupee (INR) in trade, the RBI introduced the Special Rupee Vostro Account (SRVA) in July ...