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, Jul 20, 2020
Days after the world witnessed the worst cyber-attack of all time during which Twitter accounts of several public figures were hacked, the Reserve Bank of India has also warned people about the rise in cyber-crimes in general and identity theft in particular.
Sun, Jul 19, 2020
The Indian rupee is expected to strengthen as healthy FDI inflows along with FII funds pour into the country.
Wed, Jul 15, 2020
The deputy governor gets a fixed salary of Rs 2.25 lakh per month plus allowances.
Sun, Jul 12, 2020
RBI Governor Shaktikanta Das has confirmed that the Reserve Bank of India (RBI) is engaged with the stakeholders to find a 'workable solution' for Punjab and Maharashtra Cooperative Bank (PMC) as losses are high.
Fri, Jul 10, 2020
Sovereign Gold Bonds Latest News: Last opportunity for you to buy Sovereign Gold Bonds (SGB) in this month as the deadline for subscribing the 2020-21 Series IV July 06-10, 2020 ends today.
Tue, Jul 07, 2020
No bank branch can refuse to accept small denomination notes and / or coins tendered at their counters. All coins in the denomination of 50 paise, ₹ 1/-, 2/-, 5/-, 10/- and 20/- of various sizes, theme and design issued from time to time by the Government of India continue to be legal tender
Tue, Jun 30, 2020
The new scheme has been brought in place of 7.75 per cent Savings (Taxable) Bonds, 2018, which was withdrawn from the close of banking business on May 28, 2020.
Mon, Jun 29, 2020
In view of the ongoing economic woes created by Covid-19 pandemic, the Reserve Bank has decided to extend the enhanced borrowing facility provided to the banks to meet their liquidity shortages till September 30.
Fri, Jun 26, 2020
In what may come as a much-needed relief to banks, the Reserve Bank of India (RBI) may allow one-time loan restructuring. Though the banking regulator has not been in favour of this move till now, it may give some leeway to the banks amid the coronavirus pandemic. Zee Business Managing Editor Anil Singhvi explains what it means to investors
Thu, Jun 25, 2020
To protect borrowers and curb malpractices by digital lending platforms, the Reserve Bank of India (RBI) on Wednesday announced a list of measures that lenders and their partner platforms will need to follow.
Wed, Jun 24, 2020
In a major development, the Modi government on Wednesday said all cooperative banks and multi-state cooperative banks will come under the supervision of the Reserve Bank of India (RBI).
Mon, Jun 22, 2020
In a major development, the RBI has said that lending institutions should assign zero per cent risk weight on the credit facilities extended under the Emergency Credit Line Guarantee Scheme to MSME borrowers announced by the government in the wake of COVID-19 pandemic
Sun, Jun 14, 2020
In a major development, the Reserve Bank on Saturday came up with a modified oversight framework for financial market infrastructure and retail payment systems.
The Reserve Bank will from now on regulate non-bank payments aggregators.
Tue, Jun 09, 2020
Securitisation involves transactions where credit risk in assets are redistributed by repackaging them into tradeable securities with different risk profiles which may give various investors access to exposures which they otherwise will be unable to access directly.
The Reserve Bank on Monday proposed a comprehensive framework for sale of loan exposures, which could be standard, sub-standard or non-performing assets (NPAs), as part of the overall exercise to deepen the market for lending.
Wed, Jun 03, 2020
In a major development, Uday Kotak sold 2.83 per cent of the promoter group's holding in private sector lender Kotak Mahindra Bank for Rs 6,944 crore.
Sun, May 24, 2020
Finance Minister Nirmala Sitharaman on Saturday said future fiscal policy actions to stimulate the economy will depend on how COVID-19 pandemic pans out.
Fri, May 22, 2020
The Reserve Bank of India’s (RBI) decision to slash Repo Rate by 40 bps and extend the loan repayment moratorium by another three months is a “positive” step, National Real Estate Development Council (NARDECO) President Niranjan Hiranandani told Zee Business
Rbi gives relief to common people on and cuts repo rate in this lockdown crisis
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