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.
Mon, Dec 27, 2021
The Reserve Bank of India has also appointed its Chief General Manager Yogesh K Dayal as an additional director on the board of RBL Bank.
Sun, Dec 26, 2021
RBL Bank's Vishawvir Ahuja has stepped down as MD & CEO of the bank, and the bank has appointed Rajeev Ahuja as the interim Managing Director and Chief Executive Officer of the bank with immediate effect
Thu, Dec 23, 2021
Earlier, RBI had given a deadline of December 31 for tokenisation.
Here is this article, FAQs on Tokenisation – Card Transactions have been answered as per the information given on RBI website - rbi.org.in
After Dec 31, 2021, online merchants will not be able to store card information of users.
Fri, Dec 17, 2021
The Board also discussed various aspects relating to Central Bank Digital Currency and Private Crypto Currencies.
Wed, Dec 15, 2021
Following the ISE and examination of other documents, the RBI found contravention of its provisions relating to the pledge of shares by the PNB.
Tue, Dec 14, 2021
PCA Framework for NBFCs: In a major development, the Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) Framework for Non-Banking Financial Companies (NBFCs).
Thu, Dec 09, 2021
The bank has been included in the Second Schedule to the Reserve Bank of India Act, 1934 and the approval will help it to bring more financial services and products.
Wed, Dec 08, 2021
Economists and analysts have pencilled in liquidity tightening from the February policy by a reverse repo hike and a likely repo rate hike in March/April as they believe inflation pressures to surprise on the upsides and have termed as "unexpected" the more-than-expected dovish policy stance to support growth
India's Central Bank left policy rates unchanged on Wednesday as the Reserve Bank of India (RBI) Governor Shaktikanta Das announced the Monetary Policy Committe (MPC) decisions today. How does that impact your dream of buying a new car or a dream home?
Even as the Reserve Bank of India (RBI) kept key policy rates unchanged on Wednesday, analyst see the Central Bank hiking the reverse repo rate from February 2022. The hike is seen at 20-25 bps. The reverse repo rate – rate at which RBI borrows money from commercial banks – stands at 3.35 per cent
It kept the GDP growth projections unchanged at 9.5 per cent for the current fiscal and retained the inflation forecast of 5.3 per cent for the full year.
Sustaining the momentum, the 30-share Sensex was up more than 767 points to 58,401.12 points at around 11 am.
At present, banks incorporated in India can infuse capital in their overseas branches and subsidiaries.
The inflation trajectory is likely to be in line with our earlier projections, and price pressures may persist in the immediate term, Das said.
RBI Governor Shaktikanta Das while addressing on review by Monetary Policy Committee, made an important announcement on "UPI for Feature Phone Users."
The MPC also decided to continue with the accommodative stance as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy.
RBI Governor Shaktikanta Das while addressing on review by Monetary Policy Committee, made an important announcement on "Increase in UPI Transaction Limit for Specified Categories."
- RBI mulls to launch UPI-based payment products for feature phone users, Governor Shaktikanta Das says.
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