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Business News: RBI's action against Reliance Capital: Better late than never

RBI's action against Reliance Capital: Better late than never : Rashtra News The Reserve Bank of India's decision to seek a resolution of the Anil Dhirubhai Ambani Group (ADAG) promoted two years after it defaulted on payments has led to experts asking what triggered this move at this point in time. Critics have been quick, ....

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Centre approves one-year extension to RBI Deputy Governor T Rabi Sankar

India extends RBI deputy Sankar's tenure by a year, government order shows ....

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T Rabi Sankar: Government approves one-year extension to RBI Deputy Governor Rabi Sankar

The Indian government has extended the term of RBI Deputy Governor T Rabi Sankar for one year, effective May 3, 2024. Sankar, who joined the Reserve Bank in 1990, has worked in various positions at the central bank, including Executive Director of the Reserve Bank and IMF Consultant. He has also served as Chairman of Indian Financial Technology and Allied Services (IFTAS), member of ReBIT Board of Directors, and IDRBT Governing Council. ....

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RBI's directive on Kotak Mahindra Bank: What it means for you?

Despite repeated advisories from the regulator, the bank allegedly failed to address these concerns comprehensively and in a timely manner, prompting regulatory intervention. ....

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RBI curbs on Kotak Mahindra Bank to hurt retail business, stock may fall 3-5%, says expert

RBI barred Kotak Mahindra Bank from onboarding clients through digital channels due to supervisory concerns over their technology platforms. ....

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