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, Aug 06, 2020
Zee Business Managing Editor Anil Singhvi today said that the Reserve Bank of India (RBI) has refrained from making any big announcements today on repo rates. The status quo has been maintained. The Market Guru said that the fact is that there is no fallout likely of today’s announcements on the markets
RBI Monetary Policy: The Shaktikanta Das-led RBI Monetary Policy Committee on Thursday unanimously decided to keep the repo rate unchanged at 4 per cent while maintaining the accommodative stance. Das said that reverse repo rate also remains unchanged at 3.35 per cent.
RBI Monetary Policy Committee Decisions: The fast-changing macroeconomic environment and the deteriorating growth outlook necessitated off-cycle meetings of the MPC -- first in March and then again in May 2020.
Tue, Aug 04, 2020
Sashidhar Jagdishan, the 'Strategic Change Agent' at HDFC Bank, will succeed Aditya Puri as the Chief Executive Officer and Managing Director of the country's largest private sector lender from late October. HDFC Bank on Tuesday said the appointment of Jagdishan has been approved by the Reserve Bank of India (RBI) for three years starting from October 27
RBI Monetary Policy meet: The Reserve Bank of India’s rate-setting Monetary Policy Committee is set to meet between August 4 and August 6 but another rate cut is unlikely, believe experts. The meet comes at a time when number of coronavirus cases in India continue to rise even as most economic activities have been opened.
Mon, Aug 03, 2020
Zee Business has a Exclusive information that RBI may announce Loan Restructuring soon, Aviation and Hospitality sector may get relief by this decision.
Sun, Aug 02, 2020
The Sovereign Gold Bond Scheme 2020-21-Series V will be opened for subscription from August 3-7, 2020.
At the start of the week, the market will also take cues from July auto sales numbers which signal a recovery in the sector hit hard by COVID-19.
Fri, Jul 31, 2020
What should you do: The biggest problem faced by people on extended holidays is the cash running out from ATM machines. It is advised to withdraw cash as per your needs and do rest of the transactions online. Though, some banks have started mobile ATM van facility
Mon, Jul 27, 2020
Today Deepak Parekh says, RBI should not extend loan moratorium, it is being misused
A search panel headed by the cabinet secretary is scheduled to interview shortlisted candidates on August 7 for the post of RBI deputy governor.
Sun, Jul 26, 2020
The central bank has been taking steps proactively to limit the damage to the economy caused by the outbreak of COVID-19 pandemic and subsequent lockdowns to prevent the spread of the disease.
Mon, Jul 20, 2020
Days after the world witnessed the worst cyber-attack of all time during which Twitter accounts of several public figures were hacked, the Reserve Bank of India has also warned people about the rise in cyber-crimes in general and identity theft in particular.
Sun, Jul 19, 2020
The Indian rupee is expected to strengthen as healthy FDI inflows along with FII funds pour into the country.
Wed, Jul 15, 2020
The deputy governor gets a fixed salary of Rs 2.25 lakh per month plus allowances.
Sun, Jul 12, 2020
RBI Governor Shaktikanta Das has confirmed that the Reserve Bank of India (RBI) is engaged with the stakeholders to find a 'workable solution' for Punjab and Maharashtra Cooperative Bank (PMC) as losses are high.
Fri, Jul 10, 2020
Sovereign Gold Bonds Latest News: Last opportunity for you to buy Sovereign Gold Bonds (SGB) in this month as the deadline for subscribing the 2020-21 Series IV July 06-10, 2020 ends today.
Tue, Jul 07, 2020
No bank branch can refuse to accept small denomination notes and / or coins tendered at their counters. All coins in the denomination of 50 paise, ₹ 1/-, 2/-, 5/-, 10/- and 20/- of various sizes, theme and design issued from time to time by the Government of India continue to be legal tender
Tue, Jun 30, 2020
The new scheme has been brought in place of 7.75 per cent Savings (Taxable) Bonds, 2018, which was withdrawn from the close of banking business on May 28, 2020.
Mon, Jun 29, 2020
In view of the ongoing economic woes created by Covid-19 pandemic, the Reserve Bank has decided to extend the enhanced borrowing facility provided to the banks to meet their liquidity shortages till September 30.
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