Tue, Dec 03, 2024
Banks should adopt a "bottom-up" approach for preparing credit plans to fulfil fund requirements for different segments in districts, RBI Deputy Governor Swaminathan J has said.
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Mon, Dec 02, 2024
What does India's latest GDP reading mean for the economy? Is it in line with the Q2 corporate earnings? Can you expect a recovery in the rate of economic growth going forward? Read on to learn more about these aspects as India waits the calendar year's last RBI policy statement due on December 6.
Sun, Dec 01, 2024
It was widely anticipated that the RBI would start reducing the benchmark interest rates soon but the central bank will have little option this time around as the latest print of retail inflation is above 6 per cent.
Thu, Apr 27, 2023
In the remarks that come weeks after the blow-up of the Silicon Valley Bank, which led to distress in the financial sector in the US and Europe, Das said RBI's stress tests show Indian banks will be able to maintain their capital buffers above the minimum requirements even in the case of the most distressing of events.
Mon, Apr 17, 2023
With rising funding cost, the NBFCs have increased interest rates for loans against property (LAP) to small and medium-size enterprise (SME) borrowers, which is heightening repayment and refinancing risks for these loans. This situation is credit negative for Indian asset-backed securities (ABS) backed by loan against property (LAP), Moody's said.
Thu, Apr 13, 2023
The REs shall ensure that there is a clearly laid down Board approved policy on penal charges or similar charges on loans, by whatever name called.
Mon, Apr 10, 2023
In its 'Master Direction on Outsourcing of Information Technology Services', RBI said that Regulated Entities (REs) have been extensively leveraging IT and IT-enabled Services (ITeS) to support their business models, products and services offered to their customers.
Thu, Apr 06, 2023
RBI repo rate decision: The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday announced the operation of pre-sanctioned credit lines at banks through unified payments interface (UPI).
RBI MPC meeting highlights, RBI MPC meeting April 2023: The Reserve Bank monetary policy committee kept the repo rate unchanged at 6.5 per cent on Thursday, April 6.
RBI MPC meeting April 2023: The GDP growth for the current fiscal year has been pegged at 6.5 per cent while the FY24 inflation projection is 5.2 per cent.
Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex extended gains to the fifth session in a row on Thursday, April 6, as the RBI's decision to hold the key lending rate at the exiting 6.5 per cent surprised Dalal Street. RBI Governor Shaktikanta Das maintained the policy stance at ' withdrawal of accommodation' but warned of more hikes to tame inflation, as he reiterated the MPC's commitment to tame red-hot inflation. Catch HIGHLIGHTS of all the action in the Indian share market on Zeebiz.com's blog. Follow this space for market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations.
Tue, Apr 04, 2023
The Reserve Bank of India (RBI) is expected to hike the benchmark interest rate by 25 basis points in the bi-monthly monetary policy to be announced on April 6, under pressure to bring down retail inflation and keep pace with global peers.
Thu, Mar 30, 2023
According to Vimal Nadar, Head of Research, Colliers India, home loan interest rates are already at an alarmingly higher level of 9.5 per cent and above in response to the increase in repo rates.
Wed, Mar 22, 2023
Gudi Padwa Holiday: The currency market remained shut on Wednesday, March 22 for the Gudi Padwa holiday. The forex market will resume trading at 9 am on March 23, Thursday.
Tue, Mar 21, 2023
The RBI wrote a letter to banks on Tuesday, highlighting that all government transactions done by agency banks for 2022–2023 must be accounted for within the same financial year
RBL Bank shares traded with gains even as the Street processed the impact of the Reserve Bank of India (RBI) decision on the lender
Sanjiv Bajaj, president of the Confederation of Indian Industry, says that the Reserve Bank of India is a strong regulator and has been keeping a close watch on the Indian banking system for long time
RBL Bank Share Price NSE: RBL Bank shares will remain in focus on D-Street today after the Reserve Bank of India (RBI) imposed a penalty of Rs 2.27 crore for non-compliance with norms related to recovery agents on Monday.
Mon, Mar 20, 2023
As per the RBI directive, the rules overlooked by the bank include directives on ‘Internal Ombudsman Scheme, 2018’, ‘Fair Practices Code for Lenders’, ‘Credit Card Operations of Banks’, ‘Managing Risks and Code of Conduct in Outsourcing of Financial Services by banks’ and ‘Recovery Agents engaged by Banks’.
The finance minister says banks make assessment of amount and denominational requirements for ATMs on the basis of past usage
Thu, Mar 16, 2023
Global crude oil prices hit a 15-month low on Wednesday and are below $75
Tue, Mar 14, 2023
The RBI MPC member was asked what measures the government should take to improve oversight of private family companies to address worries after the Hindenburg allegations.
Wed, Mar 08, 2023
As per a recent RBI survey, the consumer confidence has improved further both for the current period as well as for the year-ahead.
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