Reserve Bank of India (RBI) has imposed a penalty of Rs9.25 lakh on five cooperative banks for non-compliance with the directions issued by the banking regulator.

The stock of Aptus Value Housing Finance India has fallen by 18.5% over the past month amid weakness in the broader market ...

An RBI report emphasizes the need for municipal corporations in India to enhance revenue through property tax reforms, user ...

ED Chennai seizes ₹8.36 crore from OPG Group for FEMA violations, illegal routing of FDI funds, and money laundering.

Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chaired a meeting to review performance of 10 ...

The RBI said municipal revenue receipts ... The surplus in MCs in Delhi, Andhra Pradesh, Rajasthan, Odisha, West Bengal, and ...

Credit guarantee scheme for MSMEs in manufacturing sector, covering up to Rs 100 crore, to soon reach cabinet for approval, ...

An RBI report on municipal bonds released Wednesday said municipal ... While only a few municipalities like Delhi, Andhra, ...

In a move to simplify digital payments for non-smartphone users, the Reserve Bank of India (RBI) has raised the transaction limit for UPI 123Pay from ₹5,000 to ₹10,000. This initiative is aimed at ...

Tamil Nadu, Telangana, and the Union Territory of Puducherry. Senior officials, including Union Minister of State for Finance ...

This report highlights the reluctance to accept Rs. 10 coins in India and the resulting problems. Although legal tender, ...

Municipal corporations need to enhance their sources of revenue through reforms in property tax, rationalisation of user charges, and better collection mechanisms, an RBI report has suggested. The ...