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Reserve Bank of India

Amit Shah Prioritizes Rupee Trade as Top Agenda for New Government

Amit Shah, the Home Minister of India, has emphasized the significance of trade conducted in the Indian rupee, calling it a top priority for the new government. The move to facilitate trade in the national currency has reached its final stages of negotiation with several countries, although matters have been temporarily suspended due to ongoing …

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Madras HC Refuses to Interfere with LVB-DBS Merger, Directs RBI to Reassess Tier-II Bond Write-Off

The Madras High Court, in a ruling on April 26, declined to intervene in the 2020 merger of Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL). However, the court directed the Reserve Bank of India (RBI) to conduct a fresh valuation of the assets and shares of both entities to determine any reduction …

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