RBI proposes reopening urban co-operative banks’ licenses; favours large credit societies

Two decades after the Reserve Bank of India (RBI) stopped granting licenses for new urban co-operative…

RBI allows banks to fund M&As, lend in rupee to residents of India’s neighbours

AT A TIME when India is grappling with rising trade frictions with the US and President…

RBI to allow bank funding of corporate takeovers

In a significant move aimed at boosting mergers and acquisitions (M&A) in the corporate sector, the…