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Reserve Bank of India (RBI)

Bank Holidays in February 2024: Banks to open for 18 days in February, check full list here

Bank Holidays in February 2024: Banks to open for 18 days in February, check full list here

Sat, Jan 27, 2024

Bank Holidays List February 2024: If you have any bank-related work in the month of February, then complete it on time because banks will be operational only for 18 days in the month. In this month, banks will remain closed for a total of 11 days including festivals, birth anniversary and Saturday-Sunday.

Zomato gets RBI approval to operate as 'online payment aggregator'

Zomato gets RBI approval to operate as 'online payment aggregator'

Thu, Jan 25, 2024

"We wish to inform that ZPPL has been granted a certificate of authorisation dated January 24, 2024, from the RBI to operate as an 'Online Payment Aggregator' in India with effect from January 24, 2024, as per the guidelines issued by the RBI," Zomato said in an exchange filing.

RBI issues guidelines to trace customers with inoperative accounts, unclaimed deposits

RBI issues guidelines to trace customers with inoperative accounts, unclaimed deposits

Tue, Jan 02, 2024

The central bank called for steps to trace the customers of inoperative accounts or unclaimed deposits including their nominees or legal heirs for re-activation of accounts, settlement of claims or closure.

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GST bill marks growing political consensus for reforms: RBI

GST bill marks growing political consensus for reforms: RBI

Mon, Aug 29, 2016

The central bank said, "The passage of the Goods and Services Tax (GST) Bill marks a new era co-operative fiscal federalism and a growing political consensus for economic reforms."

WATCH: Top 5 stories of this evening; From RBI stating high inflation dims rate cut hope to Airtel lowering 3G, 4G data rates

WATCH: Top 5 stories of this evening; From RBI stating high inflation dims rate cut hope to Airtel lowering 3G, 4G data rates

Mon, Aug 29, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments Top five stories of this evening: 1. High inflation dims interest rate cut hope: RBI

Growth, bank lending rates, inflation main concerns for RBI

Growth, bank lending rates, inflation main concerns for RBI

Mon, Aug 29, 2016

While several policy actions led by outbound RBI Governor Raghuram Rajan are showing their results slowly but surely, there are still a number of areas where work is still in progress, the RBI said.

WATCH: Top 5 stories of this morning; From Tata Motors to post Q1 results today to RBI's revision of norms for currency markets

WATCH: Top 5 stories of this morning; From Tata Motors to post Q1 results today to RBI's revision of norms for currency markets

Fri, Aug 26, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top 5 stories of this morning: 1. SGX Nifty flat amid weak global cues

Bandhan Bank may postpone IPO plans if RBI permits: Report

Bandhan Bank may postpone IPO plans if RBI permits: Report

Thu, Aug 25, 2016

The Kolkata-based bank currently has 701 branches and nine million customers across the country.

Indian corporate bonds nowhere near perfection

Indian corporate bonds nowhere near perfection

Wed, Aug 24, 2016

The Reserve Bank of India, in a recent working group paper on corporate bonds said that the bond market "complements a sound banking system as an alternate source of finance to the real sector for its long term needs. These bonds support in diversification of risks in the financial system."

Why are companies flocking to 'unsecured' commercial papers?

Why are companies flocking to 'unsecured' commercial papers?

Mon, Aug 22, 2016

"CP market is expected to grow and will remain an attractive source of funding for better rated corporate in the current environment of ample adequate systemic liquidity, sound inflows into key investor segments and structural inability of banks to sharply reduce their lending rates."

Indian equity markets may welcome Urijit Patel as new RBI governor

Indian equity markets may welcome Urijit Patel as new RBI governor

Mon, Aug 22, 2016

On Friday, BSE Sensex closed at 28077, down 46.44 points. While NSE Nifty closed at 8666.90, down 9.35 points.

Finance Ministry announces Urjit Patel as next RBI Governor

Finance Ministry announces Urjit Patel as next RBI Governor

Sat, Aug 20, 2016

The long-wait for RBI Governor Raghuram Rajan's successor is over and the Finance Ministry on Saturday announced Urjit Patel as the new governor of the central bank.

RBI transferred most of its surplus to government last week

RBI transferred most of its surplus to government last week

Fri, Aug 19, 2016

On August 11, the 559th meeting of the central bank was held, chaired by RBI Governor Raghuram Rajan.

WATCH: Top 5 stories of this evening; From recovery in Indian markets to retailers to move Supreme Court against e-commerce cos

WATCH: Top 5 stories of this evening; From recovery in Indian markets to retailers to move Supreme Court against e-commerce cos

Tue, Aug 16, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this evening: 1. Markets recover from day's low, Nifty nears 8,650

Point out changes to KYC norms to your banks, do this public service, Rajan says

Point out changes to KYC norms to your banks, do this public service, Rajan says

Tue, Aug 09, 2016

Calling it as "harassment for ordinary customers", Rajan said that the norms have been simplified over the years, but sometimes local branches may not be aware about it.

Here's why Raghuram Rajan did not cut repo rate

Here's why Raghuram Rajan did not cut repo rate

Tue, Aug 09, 2016

Kotak Securities said, RBI to remain focused on achieving an inflation rate closer 4%, which will lead to limitation in scope for rate cuts, even though the liquidity channel will likely remain accommodative as RBI continues to keep liquidity closer to neutral on average.

WATCH: Top 5 stories of this morning; Rajan to announce his last monetary policy to Lupin, Adani Port to post Q1 results today

WATCH: Top 5 stories of this morning; Rajan to announce his last monetary policy to Lupin, Adani Port to post Q1 results today

Tue, Aug 09, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this morning: 1. Post mixed cues from US, Asian markets open strong

RBI's Rajan holds key interest rates in his last credit policy meet

RBI's Rajan holds key interest rates in his last credit policy meet

Tue, Aug 09, 2016

RBI Governor Raghuram Rajan has maintained the status quo in his last monetary policy meet on Tuesday by not cutting the key interest rates. He kept the key policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5%.

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