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.
Wed, Dec 21, 2022
City Union Bank shares slipped over 6% as RBI’S inspection revealed that the company has divergence in additional gross NPA for the said financial year amounting to Rs 259 crores
The present credit growth is far away from being considered as "exuberant" and there is no "big gap" between the credit growth and deposit accretion when looked at the absolute numbers, RBI Governor Shaktikanta Das said on Wednesday.
Das has been staunchly opposed to such instruments and the RBI has gone till the Supreme Court with its contention.
Why there is divergence in City Union Bank? What is the difference between RBI and Bank figures? Will divergence affect profits? Know from Varun Dubey.
RBI noted that the equity markets touched a string of new highs during November, buoyed by strong portfolio flows to India.
Tue, Dec 20, 2022
Headline inflation moderated by 90 basis points to 5.9 per cent in November driven by a fall in vegetable prices even as core inflation remained steady at 6 per cent.
Fri, Dec 16, 2022
The digital rupee is the digital or electronic version of the Indian rupee as per the RBI.
Tue, Dec 13, 2022
"This authorisation has been granted by the RBI in terms of the application made by NDML under the Guidelines on Regulation of Payment Aggregators and Payment Gateways, dated March 17, 2020, issued by the RBI," an official statement said.
How much relief has the common man got from inflation? Why is it necessary for the RBI governor to have confidence on inflation? Why shouldn't interest rates go up next time? Why did Anil Singhvi said RBI Governor Shaktikanta Das - 'Stop now'? Know from Anil Singhvi.
Mon, Dec 12, 2022
The Reserve Bank had last week said the worst of inflation is behind us, but there is no room for complacency in the fight against price rise.
Sun, Dec 11, 2022
The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts.
India's economic growth slowed to 6.3 per cent in the September quarter of 2022-23 compared to 13.5 per cent in the preceeding three months amid a contraction in output of manufacturing and mining sectors.
Wed, Dec 07, 2022
Realty stocks were jittery on Dec 7 as the RBI raised the repo rate by 35 basis points. The fifth consecutive hike since May, 2022. Home loan interest rates and EMIs are likely to increase after December rate hike.
The Reserve Bank of India (RBI) has increased the repo rate for the fifth consecutive time this year. Today RBI has hiked the repo rate by 35 basis points. How much will rising rates affect you? What are the ways to improve budget? Watch Money Guru to know experts opinion.
'No need to visit bank branch for ReKYC', says RBI Governor to Zee Biz. What are the rules regarding KYC? Listen to the answer of RBI Governor on the question of Zee Business in this video.
RBI approved hedging of gold price risk in IFSC. How much will the jewellers and gold traders benefit? Watch Mrityunjoy Kumar Jha's exclusive conversation with Ashok Gautam, MD & CEO, IIBX.
RBI MPC Meet: RBI on Wednesday marginally lowered the country's GDP growth projection for the current fiscal at 6.8 per cent from its earlier estimate of 7 per cent. Check other key highlights from the meeting.
RBI Governor speech today: Full text of RBI Governor Shaktikanta Das speech on Statement on Developmental and Regulatory Policies today.
RBI MPC Meeting Outcome: The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation remains within the target going forward, while supporting growth.
RBI Monetary Policy Review MPC Meeting: Reserve Bank of India (RBI) Governor Shaktikanta Das said that the aim is to bring inflation below 6 per cent i.e. within the target range and then gradually to 4 per cent.
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