The Reserve Bank of India (RBI) on Wednesday issued Rupee Interest Rate Derivatives (Reserve Bank) Directions consolidating and simplifying all previous regulations with a view to protect small and retail participants.
A Reserve Bank of India (RBI) committee report on micro, small and medium enterprises (MSMEs), released on Tuesday, had a few crucial recommendations which can make non-banking financial companies (NBFCs) assume a bigger role in developing the sector by introducing more finance companies as ready lenders to the segment.
Mumbai: The Reserve Bank of India (RBI) on Wednesday issued guidelines for setting up of financial benchmark administrator (FBA) for administering "significant benchmarks" in the markets for financial instruments.
The recently re-elected Prime Minister of the country, Narendra Modi, has proposed an increase of up to 40% in some of the most remote areas of the country.
Egypt's Holding Company for Cotton, Spinning & Weaving has signed the first phase contracts for the supply of modern factory machines worth $270m, the company revealed on Monday.
India cannot afford to fall out of the free trade agreement negotiations.