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.
Sun, Jan 24, 2021
Rs 5, Rs 10 and Rs 100 notes news: Modi government-led PIB Fact Check team has once again busted a fake news going viral on social media and other internet platforms.
Fri, Jan 22, 2021
Reserve Bank of India's discussion paper proposes tough rules for big NBFC's.
Thu, Jan 21, 2021
The shape of the recovery will be V-shaped after all and the 'V' stands for vaccine," said an article on the 'state of economy' in the RBI's January Bulletin.
India's GDP is within the striking distance of attaining positive growth, the Reserve Bank said observing that the letter "V" in the V-shaped recovery stands for vaccine.
Mon, Jan 18, 2021
In a major development, Mumbai Police has written to the Reserve Bank of India (RBI) in the wake money fraud through cyber crime, Zee Business has learnt from its sources.
Sat, Jan 16, 2021
Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said the central bank remains steadfast to take any further measures as may be required to support growth without compromising on financial stability.
A number of petitions had been filed before the Supreme Court seeking its direction for initiation of contempt of court proceedings and punishing Reserve Bank of India Governor Shaktikanta Das, and others for allegedly and willfully violating the apex court`s order
If there is any proposal on bad banks, the Reserve Bank of India (RBI) will examine the proposal, RBI Governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday.
Thu, Jan 14, 2021
Telangana police arrested another Chinese national in connection with the ongoing probe into the instant online loan apps case
The campaign started by Zee Business and Managing Editor Anil Singhvi against unfair lending practices by digital lending platforms has increased its impact. The Reserve Bank of India's (RBI) attention has come into the equation and the crackdown has led to tough new steps being taken. The Zee Business campaign was launched to protect innocent borrowers who were being harassed and even abused
Wed, Jan 13, 2021
After Zee Business' operation 'Hafta Vasooli' has open up the reality of apps that are convincing peoples to take a loan from them, RBI formed a Committee to regulate digital loans.
Tue, Jan 12, 2021
With the cancellation of licence and commencement of liquidation proceedings, the process of paying the depositors will be set in motion.
Banks' gross non-performing assets may rise to 13.5 per cent by September 2021, from 7.5 per cent in September 2020 under the baseline scenario, according to Financial Stability Report (FSR) released by the Reserve Bank of India
Mon, Jan 11, 2021
HSBC Highlights that On January 8th, the RBI announced its intention to “restore normal liquidity management operations in a phased manner”. It announced the resumption of variable rate reverse repo auctions, the first of which will be held on January 15th, for an amount of Rs 2 trillion, and a tenor of 14- days. Recall that over the pandemic period, the central bank had taken several steps to infuse liquidity, cut policy rates and eased regulatory norms. The latest announcement comes as a first step towards normalization.
Fri, Jan 08, 2021
India’s central bank through ‘RBI Says’, a Public awareness initiative of the Reserve Bank of India @rbi, has asked citizens to be careful while dealing with online transactions.
The RBI on Thursday asked banks to align their internal audit function with international best practices, like those issued by the Basel Committee on Banking Supervision (BCBS).
Tue, Jan 05, 2021
New RBI Cheque Rule: The Reserve Bank of India (RBI) has introduced a new rule for cheque payments from January 1, 2021.
In a major development, the RBI has confirmed that it has imposed a total penalty of Rs 7 lakh on two co-operative banks.
Wed, Dec 30, 2020
The profitability of non-banking finance companies (NBFCs) may be 'dampened' going ahead due to the loan impairment and lower credit demand, the Reserve Bank of India (RBI) said in its Report on Trend and Progress of Banking in India 2019-20.
Tue, Dec 29, 2020
As we enter the New Year 2021, let's have a look at full list of Bank Holidays in January 2021, as per RBI.
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