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.
Mon, Jun 06, 2022
RBI MPC Meeting June 2022 Expectations LIVE UPDATES: RBI MPC's monetary policy review meet is taking place on June 6-8. Here is what experts have to say about monetary policy review and what are they expecting in terms of RBI MPC Meeting June 2022 Outcome:-
Sun, Jun 05, 2022
The Reserve Bank of India (RBI) is likely to increase the benchmark lending rate in quick succession in its forthcoming monetary policy review on Wednesday as inflation shows no signs of abatement.
Sat, Jun 04, 2022
The central bank's rate setting panel will follow it up with a 0.35 per cent hike in rates at the next review in August, or make it into a 0.50 per cent hike next week and a 0.25 per cent increase
Fri, Jun 03, 2022
Reserve Bank on Friday said it has imposed a penalty of Rs 27.5 lakh on Punjab & Sind Bank for non-compliance with certain directions issued by it on 'external benchmark-based lending'
Thu, Jun 02, 2022
With inflation remaining at elevated levels, Reserve Bank of India (RBI) may gradually increase the benchmark lending rate to about 5.75 per cent by the end of this fiscal, Axis Bank chief economist Saugata Bhattacharya said on Thursday
Mon, May 30, 2022
Fake notes of Rs 2,000 increased by 55% in 2021-22 over the previous fiscal year. Recently the data has been released by RBI. Out of the total Fake Indian Currency Notes detected in the banking sector, 6.9 per cent were detected at the RBI and 93.1 per cent at other banks.
Fri, May 27, 2022
The Reserve Bank of India has made a strong case for structural reforms arguing that the future path of growth would be conditioned by addressing supply-side bottlenecks, calibrating monetary policy to bring down inflation and boosting capital spending.
Thu, May 26, 2022
Zee Business campaign 'Operation Hafta Vasooli' brought impact. Taking action, the Reserve Bank of India has cancelled the licenses of five NBFCs due to irregular lending practices. Watch this special report of Aapki Khabar Aapka Fayda.
RBI MPC: The Reserve Bank will opt for a larger, 0.50 per cent, hike in key rates at its next monetary policy review in June to protect medium term economic stability in face of the uncomfortable inflation situation, British brokerage firm Barclays said on Thursday
Wed, May 25, 2022
Zee Business ran a campaign #OperationHaftaVasooli in the interest of the borrowers who became victim of such NBFCs and their ill-treatment.
Fri, May 20, 2022
RBI's latest dividend is down compared to last year as it may have taken a hit on the income side, with the central bank likely receiving lower interest income from its liquidity management operations.
RBI Central Board meeting today. In this meeting, the government will decide on the dividend for FY22. About ₹ 60,000 crore dividend possible to the government. Know full news from Brajesh Kumar. ...
Tue, May 17, 2022
One of the main reasons for the rise in inflation is the Russia-Ukraine war. SBI reserch report claim this. Reserve Bank of india may increase rates by 75 bps by august and repo rate will be 5.15 percent.
Fri, May 13, 2022
RBI on Friday imposed several restrictions on Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalkaranji, Kolhapur, including on withdrawals, in view of the lender's worsening financial position
Thu, May 12, 2022
The Reserve Bank of India on Thursday said it has imposed a penalty of Rs 29.79 lakh on Unimoni Financial Services Limited as it was non-compliant with norms on small-PPI requirements.
How big is inflation a concern for RBI? When and by how much will interest rates increase? What to do in banking shares? What to do in smallcap and midcap stocks? Watch this video to know from Anil Singhvi.
Mon, May 09, 2022
Why there is a huge decline in Can Fin Homes? Can fin Homes under pressure from which news? Why Can fin Homes is under pressure? What is the company's clarification on this huge decline? Watch this video to know full details from Kushal Gupta.
Fri, May 06, 2022
India's biggest IPO will now be available for subscription even on weekends. The Reserve Bank of India (RBI) has directed all banks to keep their window open to allow applications for LIC IPO on Sunday as well.
Thu, May 05, 2022
Following the 40 bps hike in reporate, several lenders have increased their external benchmark lending rate. Private sector lender ICICI Bank on Thursday revised its lending rate to 8.10%. Meanwhile, state-owned Bank of Baroda has raised the rate to 6.90% with immediate effect
There has been volatility in the stock market for the past several months. Countries around the world are currently facing the brunt of inflation, in such a situation, interest rates are increasing by the central banks of many countries. In India too, RBI increased the repo rate by 40 basis points in an emergency meeting on May 4, after which global brokerage firm Macquarie has given its rating on banking stocks.
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