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.
Fri, Mar 11, 2022
'Stop, with immediate effect, onboarding of new customers' - RBI.
Wed, Mar 09, 2022
RBI has clarified on the mode of receipt of complaints under its Integrated Ombudsman Scheme. Instances of misinformation are being spread through certain sections of the social media about thescheme and which has come to the notice of the banking regulator
Tue, Mar 08, 2022
The service christened UPI (unified payments interface) '123PAY' is a three-step method to initiate and execute services for users which will work on simple phones which do not have an internet connection.
Sat, Mar 05, 2022
The concept of Payments Banks was introduced by the RBI in 2015. The idea behind this concept was to give banking license to fintech companies and provide banking services to the underserved population of India. Here is all you need to know about a Payments Bank.
Mon, Feb 28, 2022
RBI has launched its Sovereign Gold Bond Series X. If you are looking to invest, you can start investing from Feb 28, 2022 till March 4, 2022. There is also a provision of discount for online investors as well. Watch the full video for more.
Fri, Feb 25, 2022
The Government of India's PIB Fact Check team on its Twitter handle has busted a fake news related to Rs 500.
Thu, Feb 24, 2022
Zee Business had first raised the issue of exploitative practices adopted by digital lending companies in April 2020.
Tue, Feb 15, 2022
Cryptocurrencies are akin to Ponzi schemes or worse and banning them is the most sensible option for India to avoid the threat they pose to financial and macroeconomic stability, Deputy Governor at the Reserve Bank of India (RBI) T Rabi Sankar said on Monday
Mon, Feb 14, 2022
India's central bank is committed to its inflation mandate and the likely uptick in January inflation towards the upper end of its target band should not create any panic, central bank chief Shaktikanta Das said on Monday
Reserve Bank Governor Shaktikanta Das on Monday said the decision with respect to issuance of sovereign green bonds announced in the Budget will be taken next month
Thu, Feb 10, 2022
The Reserve Bank on Thursday increased the cap on the e-RUPI prepaid digital vouchers to Rs 1 lakh from Rs 10,000 and permitted its usage multiple times to facilitate digital delivery of various government schemes to the beneficiaries.
CPI inflation is expected to peak in Q4 of FY22 but is expected to say with the tolerance band of 4+/-2 per cent, RBI Governor Shaktikanta Das today said while delivering his Monetary Policy announcements
While making concluding remarks on RBI Monetary Policy Committee (MPC) announcements, RBI Governor Shaktikanta Das remembered legendary singer Lata Mangeshkar, who passed away recently.
Wed, Feb 09, 2022
RBI Monetary Policy Feb 2022 Announcements, MPC Meeting Outcome: This was the first MPC meeting after presentation of Budget 2022-23 in Parliament on February 1.
Tue, Feb 08, 2022
RBI Monetary Policy Expectations LIVE UPDATES: The Reserve Bank's rate-setting panel began its three-day deliberations on Tuesday to decide the next monetary policy in the backdrop of Budget 2022-23, inflationary concerns and evolving geo-political situation.
Mon, Feb 07, 2022
Even though there was an announcement of tax on crypto gains, it is still not considered legal in India. Here's why.
India`s central bank is expected to hold its repo rate steady on Thursday but several economists are expecting an increase in the reverse repo rate as part of a process to reduce surplus liquidity poured into markets earlier in the pandemic.
Thu, Feb 03, 2022
The Reserve Bank of India will issue a digital rupee soon. The digital currency by RBI will be based on blockchain technology the tech behind Bitcoin and other popular cyrptocurrencies.
The bank has failed to comply with the requirements of Sections 22(3) (a), 22 (3) (b), 22(3)(c), 22(3) (d) and 22(3)(e) read with Section 56 of the Banking Regulation Act, 1949.
Indian government may reduce its planned record market borrowing of 14.95 trillion rupees ($200 billion) by as much as 600 billion rupees for the next fiscal year, Reuters reported citing two government sources
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