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, Feb 10, 2023
Canara Bank's new RLLR will be 9.25 per cent after the rate cut, in comparison to the existing 9.40 per cent.
Thu, Feb 09, 2023
Leading public sector lenders Punjab National Bank (PNB) and Bank of Baroda (BoB) have raised their lending rates by up to 25 basis points following the interest rate hike by Reserve Bank earlier this week
In the latest Reserve Bank of India MPC meeting, RBI Governor Shaktikanta Das, announced that QR code-based coin vending machines in 12 cities soon. This will enhance the ease of access to coins, and distribution of coins using machines.
Wed, Feb 08, 2023
Reserve Bank of India Governor Shaktikanta Das-led Monetary Policy Committee (MPC) has raised the repo rate by 25 basis points, paving the way for banks and non-banking financial companies to increase interest rates on home, personal and other kinds of loans.
RBI Governor Shaktikanta Das announced in bi-monthly monetary policy meeting that RBI will be extending UPI facilities to inbound travelers for merchant payments, starting with G20 countries.
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50%.
In the 50-stock Nifty50, 38 stocks gained while 12 declined. The top gainers were Adani Enterprises, Adani Ports, HDFC Life, SBI Life and Bajaj Finance while the top losers were Larsen & Toubro, Eicher Motors, Bharti Airtel, Hero MotoCorp and Axis Bank
RBI Monetary Policy: RBI Governor Shaktikanta Das on Wednesday invoked Mahatma Gandhi and Netaji Subhas Chandra to boost citizens' confidence in India's growth story.
Pointing out that the RBI-regulated entities follow divergent practices on levying penal charges and in some cases excessive charges.
RPI Monetary Policy: With UPI becoming hugely popular for retail digital payments in India, the Reserve Bank of India (RBI) on Wednesday proposed to permit all inbound travellers to India to use UPI for their merchant payments (P2M) while they are in the country.
RBI Monetary Policy: The RBI on Tuesday projected India's economic growth to slow down to 6.4 per cent in FY24 from 7 per cent in the current fiscal- read full speech.
Several economists and rating agencies have projected India's real GDP growth to slow to between 6-6.5 per cent in the next fiscal.
How much will RBI hike the interest rates in monetary policy today? What stance RBI will take? Watch Zee Business expert poll on monetary policy.
Tue, Feb 07, 2023
The RBI is likely to announce a hike of 25 basis points in the repo rate — the benchmark interest rate at which it lends money to commercial banks — to 6.5 per cent, according to a poll of economists by Zee Business. Economists believe the central bank may pause rates for some time after the February 8 action.
Mon, Feb 06, 2023
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 bps repo rate hike in its forthcoming bi-monthly monetary policy on February 8.
RBI MPC Meeting: With the retail inflation down, if the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) pause on the policy rate hike or increase it by 25 basis points to 6.50 per cent will be known on February 8.
Fri, Feb 03, 2023
Tata Sons is a systemically important investment company and borrows heavily from the banking system, as per reports.
Tue, Jan 24, 2023
Banks have been asked to meet the intermediate milestones of 50 per cent by June 30, 2023, and 75 per cent by September 30, 2023.
Thu, Jan 19, 2023
There is no significant change in Bank of Japan's policy. What will be its impact on the global market? What will RBI do to strengthen the rupee? Will Donald Trump return to Twitter again? Know from Ajay Bagga, Chairman of Elyments Platforms.
Fri, Jan 13, 2023
India's retail inflation eased to its lowest in one year in December, and several economists suggested that RBI's move would eventually lead to a lowering of inflation
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