Sun, Jan 21, 2024
The total loan guarantees extended by the 17 major states to their entities have more than tripled to Rs 9.4 lakh crore as of FY23 from Rs 3 lakh crore in FY17.
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According to international trade experts, if these challenges are prolonged, it will have major implications on global trade.
Fri, Jan 19, 2024
The RBI has announced alternative timings for all the markets regulated by it on January 22, the day the 'Pran Pratishtha' ceremony of the new idol of Ram Lalla at the sanctum sanctorum of the Ram temple is scheduled.
Fri, Apr 08, 2022
Currently, card-less cash withdrawal through ATMs is a permitted mode of transaction offered by a few banks in the country on an on-us basis (for their customers at their own ATMs).
This is the 11th time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained the status quo.
Wed, Apr 06, 2022
The Reserve Bank of India (RBI) is expected keep key lending rates unchanged and maintain an accommodative stance in monetary policy committee meeting, which starts on Wednesday April 6, as per brokerages and experts. The MPC meeting will conclude on April 8
Mon, Apr 04, 2022
A public interest litigation has been filed against the promoters of IndusInd Bank in Delhi High Court by advocate Mehek Maheshwari.
Sun, Mar 27, 2022
Other bidders include Yes Bank, Bandhan Financial Holdings, Cholamandam Investment, OakTree Capital, Blackstone, Brookfield, TPG, KKR, Piramal Finance and Poonawala Finance, sources said.
Fri, Mar 25, 2022
Deputy Governors Mahesh Kumar Jain, Michael Debabrata Patra, M Rajeshwar Rao, and T Rabi Sankar, attended the meeting.
Sat, Mar 19, 2022
The Reserve Bank of India (RBI) is expected to prioritise growth over inflationary fears in its April, 2022 policy meet.
Fri, Mar 11, 2022
Patra said that though the third wave of the pandemic had a relatively minor impact as reflected in high-frequency indicators.
'Stop, with immediate effect, onboarding of new customers' - RBI.
Wed, Mar 09, 2022
RBI has clarified on the mode of receipt of complaints under its Integrated Ombudsman Scheme. Instances of misinformation are being spread through certain sections of the social media about thescheme and which has come to the notice of the banking regulator
Tue, Mar 08, 2022
The service christened UPI (unified payments interface) '123PAY' is a three-step method to initiate and execute services for users which will work on simple phones which do not have an internet connection.
Sat, Mar 05, 2022
The concept of Payments Banks was introduced by the RBI in 2015. The idea behind this concept was to give banking license to fintech companies and provide banking services to the underserved population of India. Here is all you need to know about a Payments Bank.
Mon, Feb 28, 2022
RBI has launched its Sovereign Gold Bond Series X. If you are looking to invest, you can start investing from Feb 28, 2022 till March 4, 2022. There is also a provision of discount for online investors as well. Watch the full video for more.
Fri, Feb 25, 2022
The Government of India's PIB Fact Check team on its Twitter handle has busted a fake news related to Rs 500.
Thu, Feb 24, 2022
Zee Business had first raised the issue of exploitative practices adopted by digital lending companies in April 2020.
Tue, Feb 15, 2022
Cryptocurrencies are akin to Ponzi schemes or worse and banning them is the most sensible option for India to avoid the threat they pose to financial and macroeconomic stability, Deputy Governor at the Reserve Bank of India (RBI) T Rabi Sankar said on Monday
Mon, Feb 14, 2022
India's central bank is committed to its inflation mandate and the likely uptick in January inflation towards the upper end of its target band should not create any panic, central bank chief Shaktikanta Das said on Monday
Reserve Bank Governor Shaktikanta Das on Monday said the decision with respect to issuance of sovereign green bonds announced in the Budget will be taken next month
Thu, Feb 10, 2022
The Reserve Bank on Thursday increased the cap on the e-RUPI prepaid digital vouchers to Rs 1 lakh from Rs 10,000 and permitted its usage multiple times to facilitate digital delivery of various government schemes to the beneficiaries.
CPI inflation is expected to peak in Q4 of FY22 but is expected to say with the tolerance band of 4+/-2 per cent, RBI Governor Shaktikanta Das today said while delivering his Monetary Policy announcements
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