NDTV Profit, in its weekly news wrap, brings you the major events shaping businesses, industries and global markets.

It can, if it is convinced that the adjustment in the rupee valuation has already been done and the local currency has found ...

India central bank announced a 25 basis point cut in its key lending rate on Friday in a bid to spur economic growth The rate cut by the Reserve Bank of India monetary policy committee was the first s ...

The Reserve Bank of India's holding of sovereign bonds due to mature next financial year will likely be treated at par with ...

The RBI had on Monday superseded the management and board of the Delhi Aerocity-based Aviom, and appointed Ram Kumar, an ex-chief general manager of Punjab National Bank as the administrator.

RBI has superseded the board of Aviom India Housing Finance. It plans to initiate resolution proceedings under the IBC and ...

The Reserve Bank of India on Monday superseded the board of directors of Delhi-based Aviom India Housing Finance owing to governance concerns and defaults in meeting various payment obligations.

However, it was a divided house between the economists in the meeting ... s financial capital came after a similar meeting ...