Thu, May 30, 2024
The economy, it said, showed resilience in FY24 despite persistent headwinds.
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The RBI has taken strict action against ECL Finance and Edelweiss ARC, banning its structured transactions in wholesale exposure of ECL Finance. The RBI has also banned Edelweiss ARC's acquisition of new financial assets. Reorganisation of existing security receipts of Edelweiss ARC has also been banned by the central bank.
Thu, May 23, 2024
RBI announced ₹ 2.11 Lk Cr dividend, government was expecting ₹ 1.04 Lk Cr dividend, what will be the benefit to the government from this huge dividend received from RBI? Watch special discussion
Mon, Dec 11, 2023
What's worrying from the stock market's perspective is that the Reserve Bank of India (RBI) is taking more direct steps to rein in debt-fueled consumption, HDFC Securities said in a report.
Fri, Dec 08, 2023
The Reserve Bank of India (RBI) will soon lay down the regulatory framework for web-aggregation of loan products since the customers are being harmed now, said the Central bank Governor Shaktikanta Das.
Thu, Dec 07, 2023
Even as the three-day RBI MPC meeting has started on Wednesday, all eyes are on the interest rate-setting panel’s decision on Friday. Experts, however, expect a status quo on the key policy rates as inflation is gradually coming closer to the RBI’s target level and economic growth is picking up. RBI Governor Shaktikanta Das-headed Monetary Policy Committee has begun its three-day deliberations on December 6. Das would unveil the decision of the six-member MPC on the last day of the meeting--December 8 (10.00 AM).
Wed, Dec 06, 2023
RBI Governor Shaktikanta Das would unveil the decision of the six-member MPC (Monetary Policy Committee) on December 8.
Thu, Nov 23, 2023
Addressing the Fibac summit organised by lobby groupings Ficci and IBA, Rao wondered how a sector which otherwise prides itself as a "service industry" can conduct itself in such a way.
Fri, Oct 13, 2023
The country's forex reserves dropped by a further USD 2.166 billion to USD 584.742 billion for the week ended October 6, the RBI said on Friday.
Fri, Oct 06, 2023
The household savings rate plummeted to a five-decade low in 2022-23 as people started spending after the restrictions on movement ended after the pandemic, the Reserve Bank of India said on Friday.
Sovereign Gold Bond unit is worth the value of one gram of the precious metal in the highest degree of purity.
Tue, Oct 03, 2023
After hiking the repo rate six consecutive times since last year, the RBI hit the pause button and kept the repo rate unchanged in the last three MPC meetings this year. The next bi-monthly MPC meeting is set to take place from October 4-6, with the decision set to be announced on Oct 6, 2023.
Wed, Sep 27, 2023
"The RBI will likely reduce their net domestic assets by selling bonds to balance that. Otherwise, you are raising money supply and risking inflation."
Sat, Sep 23, 2023
The Reserve Bank of India has issued guidelines for wilful defaulters across financial institutions.
Wed, Sep 20, 2023
Household financial borrowings in FY23 surged to 5.8 per cent of GDP, the second-highest in the post-independence period, it was 6.7 per cent of GDP in FY07, Motilal Oswal Financial Services said in a report.
Thu, Sep 14, 2023
The Reserve Bank of India (RBI) has issued new guidelines for loan settlement, which require banks and NBFCs to release all original movable and immovable property documents within 30 days of full repayment/settlement of the loan account. The move is aimed at addressing the issues faced by borrowers during loan settlement.
Wed, Sep 13, 2023
RBI issues rules for returning property documents, papers will have to be returned within 30 days of full loan payment
Fri, Sep 08, 2023
RBI review on I-CRR: The measure was intended to absorb the surplus liquidity generated by various factors, including the return of Rs 2000 notes to the banking system.
Thu, Aug 31, 2023
RBI data reveals that most credit card issuers saw an increase in spends during July.
Wed, Aug 30, 2023
Inflation: How effective will the government's steps against inflation prove to be and what needs to be done to deal with inflation? See in this special report
Mon, Aug 28, 2023
There will be a meeting between the RBI and the Ministry of Consumer Affairs tomorrow to control inflation.
Thu, Aug 24, 2023
The Reserve Bank enhanced the upper limit of an offline payment transaction to Rs 500 from the existing Rs 200 to promote the use of UPI-Lite wallet in areas where internet connectivity is weak or not available.
Sat, Aug 19, 2023
In the light of the RBI’s August 2023 bulletin, let's take a look at what the terms inflation and stagflation mean and what the central bank’s statement implies about the future of the Indian economy.
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