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, Dec 09, 2021
The bank has been included in the Second Schedule to the Reserve Bank of India Act, 1934 and the approval will help it to bring more financial services and products.
Wed, Dec 08, 2021
Economists and analysts have pencilled in liquidity tightening from the February policy by a reverse repo hike and a likely repo rate hike in March/April as they believe inflation pressures to surprise on the upsides and have termed as "unexpected" the more-than-expected dovish policy stance to support growth
India's Central Bank left policy rates unchanged on Wednesday as the Reserve Bank of India (RBI) Governor Shaktikanta Das announced the Monetary Policy Committe (MPC) decisions today. How does that impact your dream of buying a new car or a dream home?
Even as the Reserve Bank of India (RBI) kept key policy rates unchanged on Wednesday, analyst see the Central Bank hiking the reverse repo rate from February 2022. The hike is seen at 20-25 bps. The reverse repo rate – rate at which RBI borrows money from commercial banks – stands at 3.35 per cent
It kept the GDP growth projections unchanged at 9.5 per cent for the current fiscal and retained the inflation forecast of 5.3 per cent for the full year.
Sustaining the momentum, the 30-share Sensex was up more than 767 points to 58,401.12 points at around 11 am.
At present, banks incorporated in India can infuse capital in their overseas branches and subsidiaries.
The inflation trajectory is likely to be in line with our earlier projections, and price pressures may persist in the immediate term, Das said.
RBI Governor Shaktikanta Das while addressing on review by Monetary Policy Committee, made an important announcement on "UPI for Feature Phone Users."
The MPC also decided to continue with the accommodative stance as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy.
RBI Governor Shaktikanta Das while addressing on review by Monetary Policy Committee, made an important announcement on "Increase in UPI Transaction Limit for Specified Categories."
- RBI mulls to launch UPI-based payment products for feature phone users, Governor Shaktikanta Das says.
Tue, Dec 07, 2021
RBI Monetary Policy Decisions December 2021: RBI keeps benchmark lending rate unchanged 9th time in a row at 4%.
Mon, Dec 06, 2021
Reliance Capital has welcomed the Reserve Bank of India’s application of referring the company to the National Company Law Tribunal (NCLT) under Section 227 for a fast-track resolution
Thu, Dec 02, 2021
RBI on Thursday filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against debt-ridden Reliance Capital at the Mumbai bench of the National Company Law Tribunal
House Price Index (HPI) has risen by 2.6 per cent Year-on-Year for the quarter ended 30 September according to data revealed by the Reserve Bank of India (RBI). This was higher than 1.1 per cent recorded during the coresponding period last year
Wed, Dec 01, 2021
According to the report, the year 2021-22 started on a similar note, with the outbreak of the second wave.
Tue, Nov 30, 2021
The investors can participate in the Primary Market issuances as well as Secondary Market issuances.
Sovereign Gold Bond Scheme 2021-22 Series VIII has opened for subscription for five days from November 29, 2021 to December 03, 2021
Mon, Nov 29, 2021
Reserve Bank of India (RBI) has allowed promoters of private banks to hold 26 per cent stake in the banks triggered movement in many banking stocks on Monday. Here is a Zee Business report on banks, which will benefit from this move and what this means for the stocks
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