In a reform, RBI allows foreign banks in India to deal in instruments not expressly permitted by it, without needing its consent

In a reform, RBI allows foreign banks in India to deal in instruments not expressly permitted by it, without needing its consent

The Reserve Bank on Thursday authorized international branches and subsidiaries of Indian banks to transact in financial products that are not expressly allowed in the local market, subject to certain conditions. A framework is required, according to an RBI circular, to allow them to engage in activities that are not expressly permitted in […]

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Dish TV India Ltd leads losers in A group

West Coast Paper Mills Ltd, Hindustan Foods Ltd, Eveready Industries India Ltd and Ingersoll-Rand (India) Ltd are among the other losers in the BSEs A group today, 28 November 2022. November 28, 2022 3:00 IST | capital market Source link

Nifty expected to trade around 18,400-18,880 in coming week: Sanjiv Bhasin

Nifty expected to trade around 18,400-18,880 in coming week: Sanjiv Bhasin

Realty, capex, consumer and select banks could outperform, going ahead, Sanjiv Bhasin, director at IIFL Securities told Mint’s Asit Manohar. Talking about overall market performance, he said hew highs will be seen in December with some days of consolidation as December historically sees good returns. Here are edited excerpts from that interview: Exuberance in global […]