Thu, May 16, 2024
RBI stressed the need to invest in Early Warning Systems, Stress Testing capabilities and Vulnerability Assessments, Monitoring of Cyber Key Risk Indicators.
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Fri, May 10, 2024
VP Nandakumar, managing director & CEO of the company, said, “Our highly popular product -- Online Gold Loan, that forms 50% of our gold loan book, follows a fully paperless process of application and disbursement. Even for the loans originating at branches, most of our customers prefer direct transfers. Moreover, our employees are trained to convince customers about the same as it promotes smooth operations."
Tue, May 07, 2024
The new rules of RBI will not have any significant impact on the company... The draft guidelines will not have any impact on the company's profits... The company will grow by 15-20% in the next 5 years.. The company will soon be NPA free: Vivek Kumar Devangan, CMD, REC
Thu, Nov 03, 2022
The Reserve Bank of India has called an additional meeting of its Monetary Policy Committee (MPC) tomorrow. In a statement issued, the central bank said that in accordance with the provisions of Section 45ZN of the RBI Act, a special meeting of the Monetary Policy Committee (MPC) has been convened on November 3. This section of the RBI Act provides that in case of failure to keep inflation within the limits set by the government, the central bank has to report it to the government. What to expect from RBI's MPC meeting? How much inflation will RBI tolerate? Know from Varun Dubey. Also know from Ajay Bagga what will happen in the MPC meeting of RBI?
Wed, Nov 02, 2022
The Reserve Bank of India has called an additional meeting of its Monetary Policy Committee (MPC) tomorrow. RBI has to tell the government why RBI failed to control inflation? Apart from this, RBI will also have to give an action plan to bring inflation under control. Timeline will have to be given to bring inflation within the prescribed range. Watch this special report on India 360.
HDFC Ltd Chairman Deepak Parekh on Tuesday said that though the interest rates go up, the tax deduction given by the government on annual outgo on this account brings the effective rates down.
Tue, Nov 01, 2022
Rupee will be used for secondary market transaction settlement of government bonds.9 banks identified for participation in digital rupee’s wholesale pilot. However, under this pilot launch, only few (selectively) will be allowed to transact. Know the complete analysis of virtual currency from Anil Singhvi on India 360. Watch this special report.
Sun, Oct 30, 2022
The monetary policy framework, which came into effect about six years ago, mandates the Reserve Bank of India (RBI) to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.
Thu, Oct 27, 2022
RBI will hold an additional meeting of MPC on 3 November. The MPC meeting was earlier to be held in December. Know the reason for calling an additional meeting suddenly from Brajesh Kumar Mishra.
Thu, Oct 13, 2022
Retail inflation reached at 5-month high! Will RBI raise interest rates again? How is rising inflation a big concern? Know from Anil Singhvi.
Tue, Oct 11, 2022
The decision was taken at its board meeting held on Monday, AU Small Finance Bank said in a regulatory filing.
Sat, Oct 08, 2022
The Reserve Bank of India on Oct 7 issues concept paper on digital currency. The central Bank said that it will soon launch pilot e-rupee for specific use cases.
Fri, Oct 07, 2022
The Reserve Bank of India today released the concept paper on Digital Rupee. RBI will start pilot project soon. Know full details from Brajesh Kumar.
Thu, Oct 06, 2022
The auction will be held tomorrow i.e on October 7, 2022 by the Reserve Bank of India (RBI) at the Mumbai Office in Fort.
After hitting a low in July 2021 on the back of Covid19 pandemic, Consumer Confidence Index (CCI) has continued its upward move and was recorded at 80.6 in the survey. It was at 77.3 in July 2022
Mon, Oct 03, 2022
The sale of residential flats in Kolkata in the July-September 2022 period has slumped by 73 per cent to 1,843 units compared to the corresponding period of 2021, according to Knight Frank India.
Fri, Sep 30, 2022
The Reserve Bank on Friday categorised 16 big non-banking financial companies, including LIC Housing Finance and Bajaj Finance, as upper-layer NBFCs that will be subject to an enhanced regulatory framework.
About 35 crore cards have been tokenised and the system is ready for the new norms which set in from October 1, the Reserve Bank said on Friday.
Motilal Oswal's Amit Sajeja said that there will be consolidation in the near term and by the end of this year, Rupee could test levels of 83.20 against the Dollar
"Keeping in view the similar nature of activities undertaken by online and offline PAs, it is proposed to apply the current regulations to offline PAs as well," Das said after announcing bi-monthly policy
Wed, Sep 28, 2022
Zee Business Top Picks 28th Sep'22: LIVE: RBI Monetary Policy Review Meeting Begins - MPC to recommend another hike? Date, Time, Expectations, Possible Outcomes - Latest News, Updates
Mon, Sep 26, 2022
The RBI had conducted a statutory inspection of the Maharashtra-based lender with reference to its financial position as on March 31, 2020
Fri, Sep 23, 2022
Banking system's credit growth at the end of the June quarter accelerated to 14 per cent as compared to the year-ago period, the RBI said on Friday.
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