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.
More >
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 07, 2022
RBI MPC Meeting December 2022 Live Updates: The key benchmark lending rate has been hiked 50 basis points (bps) thrice by RBI since this June.
Tue, Dec 06, 2022
How is the employment situation in India? Which state has maximum employment? How much relief to RBI due to increase in employment? Know full details in this video.
Mon, Dec 05, 2022
The Reserve Bank of India (RBI) will begin its monetary policy committee meeting today (December 5), which will last till Wednesday (December 7). RBI Governor Shaktikanta Das is expected to announce the final rate hike of 2022 to curb inflation.
A new era started in the country on December 1. RBI launched the Digital Retail Currency. SBI Chairman Dinesh Khara described the first pilot project of retail digital rupee as a game changer. Watch this video.
Stock Markets HIGHLIGHTS: Indian stock markets traded in a range on Monday with frontline indices ending flat. The 30-stock S&P BSE Sensex closed at 62,834.60, down 33.9 points or 0.05 per cent while NSE Nifty50 managed a positive closing at 18,701.05, up 5 points or 0.03 per cent. Banking gauge Nifty Bank settled positive at 43,332.95, up 229.20 points 0.53 per cent
Thu, Dec 01, 2022
RBI also said the activities of branches/subsidiaries in foreign jurisdictions and IFSCs would be subject to the laws in India unless specifically exempted by law.
Wed, Nov 30, 2022
he Reserve Bank of India (RBI) is all set to launch it first pilot for retail digital rupee (e₹-R) on December 1. The RBI said that it has identified eight banks for phase-wise participation in this pilot. Know full details from Varun Dubey.
Tue, Nov 29, 2022
India's first Retail Digital Rupee pilot project will be launched by the Reserve Bank of India (RBI) on December 1. The pilot would cover select locations in a closed user group (CUG) comprising participating customers and merchants.
Reserve Bank of India (RBI) has announced the launch of India's much-awaited Central Bank Digital Currency (CBDC), a sort of official cryptocurrency, for retail users from Thursday (December 1). This will be the first pilot project for retail digital currency. It can be used for transactions. Earlier it was launched for wholesale transactions. Watch this video for more details.
Next RBI MPC Meeting Date 2022: The next meeting of the RBI's Monetary Policy Committee (MPC) is scheduled during December 5-7, 2022.
Shares of Paytm traded in green on Nov 29. The stocks jumped 5% intraday on the back of brokerages' positive outlook. They believe that Paytm's loan and credit card distribution will drive revenue growth
Retail Digital Rupee: The pilot would cover select locations in closed user group (CUG) comprising participating customers and merchants.
Mon, Nov 28, 2022
Shares of Paytm made a stunning recovery after initial slump as strong buying in the fintech company lifted it from day's low. The stock opened 3% lower at Rs 444 apiece on NSE mainly on account of news of RBI putting a pause on on-boarding of online merchants by Paytm Payments Services Ltd (PPSL).
Why didn't Paytm get the payment aggregator license? What to do in Patym after RBI order? What is the whole news, know from Varun Dubey.
As retail inflation in India continues to remain above the RBI's comfort zone for the past 10 months, analysts feel that more hikes are expected in future.
Sun, Nov 27, 2022
Banking regulator RBI has put a pause on onboarding of online merchants by Paytm Payments Services, even as the company said it will have no material impact on its business, according to a regulatory filing.
Fri, Nov 25, 2022
The list of financial information providers includes banks, non-banking financial companies, asset management companies, depository, depository participants, insurance companies, and pension funds.
Sun, Nov 20, 2022
"We expect global prices to ease by mid-2023 owing to a possible moderation in crude oil and industrial raw material prices, thereby easing pressures on domestic inflation," Deloitte said.
Tue, Nov 15, 2022
Penalties amounting to Rs 11.60 lakh have been imposed on nine entities, including six co-operative banks and three Sahakari banks, RBI said in separate releases.
Mon, Nov 14, 2022
What happened in the Chinese loan app case? Government tightens the regulation of fintech companies? What are the new instructions of RBI for NBFCs? Watch this Exclusive news.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
