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Tue, Dec 31, 2024
To enhance security in online money transfers, the RBI has instructed the National Payments Corporation of India (NPCI) to develop a verification facility. This facility will allow users to confirm the beneficiary’s account name before initiating a transfer using either RTGS or NEFT. Check details -
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Sun, Dec 29, 2024
The Indian rupee tumbled 3 per cent in 2024 as concerns over slower economic growth and the green buck's global strength weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.
Sat, Dec 28, 2024
The report further stated that private sector banks reported 67.1 per cent of all fraud cases, while public sector banks faced the highest financial impact.
Mon, Apr 11, 2016
On the Kingfisher Airlines' default, Rajan said it is important to learn from mistakes and move on.
Thu, Apr 07, 2016
Watch 'this segment of news and catch the exclusive interview of RBI governor 'Raghuram Rajan'. To know more watch this full video here.
Wed, Apr 06, 2016
Most stakeholders, including bankers and experts were vying for a rate cut on Tuesday.
Rajan, while speaking to the media after the monetary policy review, said that RBI is a part of the investigation.
RBI on Tuesday cut lending rates by 25 bps, the first cut in six months.
RBI submitted a long list of big loan defaulters to the Supreme Court recently but asked it to keep the names under wraps.
JLL India Chairman and Country Head Anuj Puri said that the 25 bps rate cut was largely in line with the market expectations.
Zee Business is one of the leading and fastest growing Hindi business news channels in India. The channel has revolutionized business news by its innovative programming and path-breaking strategy of making business news a 24/7 activity as it is not just limited to the stock market.
Watch this breaking news and get to know latest news related to credit policy.
The Reserve Bank of India (RBI) has cut the key lending repo rate by 25 basis points (0.25%) in its first bi-monthly policy review of the financial year 2016-17 on Tuesday.
Tue, Apr 05, 2016
Watch Expert analysis on policy outcomes of RBI in our special Share Bazar and stay updated with the latest news and updates of share market and stock exchange.
Tue, Mar 29, 2016
Foreign investors would also be allowed to buy up to Rs 35 billion in state government debt for each of those two periods, the RBI said.
Mon, Mar 21, 2016
S&P BSE Bankex has rallied about 13 percent this month after government unveiled a fiscally prudent budget and as the central bank eased rules on how banks can account for capital to meet Basel III needs.
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