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The Reserve Bank of India has today (January 30, 2025) filed an application for initiation of CIRP against Aviom India Housing Finance Private Limited, under… Read More »Application for initiation of Corporate Insolvency Resolution Process (“CIRP”) against Aviom India Housing Finance Private Limited filed under the Insolvency and Bankruptcy Code, 2016

The Reserve Bank of India, on January 27, 2025, has superseded the board of directors of Aviom India Housing Finance Private Limited, and appointed Shri Ram… Read More »RBI appoints an Advisory Committee to advise the Administrator of Aviom India Housing Finance Private Limited

Security 7.59% GS 2029 7.18% GS 2033 7.10% GS 2034 6.79% GS 2034 7.18% GS 2037 Total amount notified Aggregate amount of ₹20,000 crore (no… Read More »Open Market Operation (OMO) – Purchase of Government of India Securities held on January 30, 2025: Cut-Offs

As announced vide the Press Release 2024-2025/1933 dated January 15, 2025, the Reserve Bank will be conducting daily Variable Rate Repo (VRR) auctions on all… Read More »Daily Variable Rate Repo (VRR) Auction

The Reserve Bank of India (RBI) has, by an order dated January 28, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only)… Read More »RBI imposes monetary penalty on The Odisha State Co-operative Bank Ltd

The Reserve Bank of India (RBI) has, by an order dated January 28, 2025, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only)… Read More »RBI imposes monetary penalty on The Vadali Nagarik Sahakari Bank Ltd., Dist. Sabarkantha, Gujarat

The Reserve Bank of India (RBI) has, by an order dated January 28, 2025, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only)… Read More »RBI imposes monetary penalty on The Kosamba Mercantile Co-operative Bank Ltd., Dist. Surat, Gujarat

The Reserve Bank of India (RBI) has, by an order dated January 27, 2025, imposed a monetary penalty of ₹2.10 lakh (Rupees Two Lakh Ten… Read More »RBI imposes monetary penalty on Shree Savli Nagrik Sahakari Bank Ltd., Dist. Vadodara, Gujarat

[[{“value”:” Threads, Meta’s microblogging service, is growing at a fast pace as users gravitate to the app over rivals like X. During the company’s fourth-quarter… Read More »Threads adds another 20M monthly users since December, reaching 320M

[[{“value”:” Tesla CEO Elon Musk said Wednesday that his company will launch a paid ride-hailing robotaxi service in Austin, Texas using its own fleet vehicles… Read More »Elon Musk claims Tesla will launch a self-driving service in Austin in June