MobiKwik Completes Lending Business Transfer to New Arm
MobiKwik has transferred its entire digital lending business to wholly-owned subsidiary MDSPL, completing a key condition for its NBFC licence. One MobiKwik Systems has moved...
Tag : RBI
Tiger Logistics Jumps 3% After RBI Compounding Order
Tiger Logistics shares touched a day high of ₹28 on Tuesday after the company resolved a foreign exchange compliance issue with the RBI. The stock...
NBCC Shares Touch Day High After Rs 235 Crore ITBP Order Win
NBCC touched a day high of Rs 93.13 on the NSE on Thursday, right after announcing a Rs 235 crore project management order win in...
RBI Rejects Religare Enterprises’ Demerger Plan
The RBI has declined to approve Religare Enterprises’ plan to split its lending and insurance businesses into two separate listed companies. Religare Enterprises had asked...
RBI Proposes Higher Housing Loan Limits for Rural Co-op Banks
Rural co-operative banks may soon lend a lot more for housing, with the RBI proposing fresh borrower exposure limits for these banks. On Thursday, August...
Bajaj Finance Shares Slide 4% on RBI Credit Curbs
Bajaj Finance fell to a day’s low of Rs 1,085 on the NSE on Friday, a second straight session of losses after RBI’s draft NBFC...
RBI Holds Repo Rate at 5.25%, Trims Inflation View
The RBI left its key lending rate unchanged this week, sticking with a wait-and-watch approach even as growth continues to hold up well. The rate...
NBCC Shares Gain 2% After Rs 801 Crore Orders
NBCC touched a day’s high of Rs 96.30 after the company secured Rs 801.20 crore in fresh orders before closing 1.22% higher at Rs 96....
GlobalPay Gets Expanded RBI Licence for Forex Services
GlobalPay disclosed to the stock exchange that the RBI has expanded its licence, letting it offer a wider range of forex and payment services. The...
Golden Legand Shares Jump 7% on AI Platform Update
Shares of Golden Legand Leasing and Finance climbed nearly 7% from the day’s low on Thursday, July 9, touching Rs 9.79 on the BSE. In...