bse-sensex

Sensex Expected To Recover Before RBI Review

India's stock markets are expected to recover from its three-week low on Tuesday before the central bank's policy review meeting. Markets had declined four out of last six sessions, weighed down by multiple factors including disappointing earnings from some major companies. Jul 30, 2013
reserve-bank-of-india

RBI Imposes Penalties on 22 Banks with Fines Upto ₹30 Million

The Reserve Bank of India (RBI) has imposed penalties on 22 banks, including State Bank of India (SBI), Bank of Baroda and Canara Bank, for violating rules of customer identification and anti-money laundering. The banks have been fined ranging from ₹5 million to ₹30 million for the offence. Jul 15, 2013