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Reserve Bank of India (RBI)

Private consumption driving growth in Q3 with rural India taking lead: RBI

Private consumption driving growth in Q3 with rural India taking lead: RBI

Thu, Nov 21, 2024

It also states that FMCG and auto companies have been stepping up ad spends to revive demand. Direct-to-consumer (D2C) brands are scrambling for funds to expand their presence and increase sales through quick-commerce (q-com) platforms – an ecosystem valued at over $5 billion and projected to reach $30 billion by 2029-30.

Urban cooperative banks need to evolve digitally: RBI Deputy Governor

Urban cooperative banks need to evolve digitally: RBI Deputy Governor

Thu, Nov 14, 2024

Reserve Bank of India (RBI) Deputy Governor Swaminathan J on Thursday stressed the need for urban cooperative banks to evolve digitally, addressing IT and cybersecurity gaps as he highlighted the importance of improving the liquidation process to protect depositors' interests.

Star India to make web series on Reserve Bank

Star India to make web series on Reserve Bank

Mon, Nov 11, 2024

Star India will make a web series on the Reserve Bank of India's 90-year-long journey to help people have a better understanding about the central bank's vital role in the country's fast-growing economy.

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Central bank should enjoy autonomy: Kaushik Basu

Central bank should enjoy autonomy: Kaushik Basu

Sat, Aug 06, 2016

Asked about the proposed monetary policy panel, Basu said, "In general it is extremely important that the central bank has autonomy," Basu said on the sidelines of an IIM-Calcutta lecture when asked about the proposed monetary panel.

Raghuram Rajan: 'Need to tackle illegal deposit raising while the act is live'

Raghuram Rajan: 'Need to tackle illegal deposit raising while the act is live'

Fri, Aug 05, 2016

"I suggest all of us should ask, if they have got Rs 50 lakh to give me, why do they need me to send Rs 25,000 in the first place? Why can't they just deduct the Rs 25,000 and send me the remainder?' That question should be asked by anybody who gets such a solicitation," Rajan said at the launch of a website to tackle illegal deposit collection.

RBI issues draft guidelines for on tap licensing of universal banks

RBI issues draft guidelines for on tap licensing of universal banks

Mon, Aug 01, 2016

Reserve Bank of India on Monday released guidelines for ‘on tap’ licensing of Universal Banks in the Private Sector. The guidelines state that minimum capital requirement for opening a bank is Rs 5 billion with a minimum of 10 years’ experience in banking and finance at a senior level.

Debt Recovery Bill: What it aims to achieve

Debt Recovery Bill: What it aims to achieve

Mon, Aug 01, 2016

The Government of India on Monday will discuss amended bill in the Lok Sabha in order to strengthen the debt recovery laws with an aim to improve the ease of doing business in the country.

RBI unlikely to cut interest rates on Aug 9: Edelweiss

RBI unlikely to cut interest rates on Aug 9: Edelweiss

Mon, Aug 01, 2016

RBI in its upcoming monetary policy meet on August 9 is likely to keep interest rates unchanged as the CPI-based inflation has stayed above the central bank's target, according to a latest research report.

Global economic uncertainity an opportunity for India's masala bonds

Global economic uncertainity an opportunity for India's masala bonds

Wed, Jul 27, 2016

Ongoing uncertainity in the global markets and Britain's decision to leave the European Union (EU) are likely to give an opportunity for India's Blue Chip Masala Bonds to attract more overseas investors.

Look where the markets are after 'Rexit'!

Look where the markets are after 'Rexit'!

Wed, Jul 27, 2016

Raghuram Rajan, Governor of Reserve Bank of India, on June 18 said no to second term for his post, in a "surprise" announcement putting all speculation over his continuance at rest.

Govt at times clashed on rates with RBI: D Subbarao

Govt at times clashed on rates with RBI: D Subbarao

Tue, Jul 26, 2016

Former RBI Governor and present Indian Economist D Subbarao in an interview with Zee Business on Tuesday said that both Finance Ministers of the earlier UPA-led government had intervened in the work flow of the central bank during his tenure as the governor.

Watch top 5 stories of this night; From Verizon acquiring Yahoo to RBI penalising Bank of Baroda & HDFC Bank

Watch top 5 stories of this night; From Verizon acquiring Yahoo to RBI penalising Bank of Baroda & HDFC Bank

Mon, Jul 25, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this night: 1. Verizon acquires Yahoo at Rs 33,000 crore

RBI slaps penalty of Rs 3 crore on Punjab National Bank

RBI slaps penalty of Rs 3 crore on Punjab National Bank

Mon, Jul 25, 2016

RBI on Monday imposed an aggregate penalty of Rs 3 crore on Punjab National Bank under the Banking Regulation Act, 1949.

RBI imposes total Rs 7 crore penalty on Bank of Baroda, HDFC Bank

RBI imposes total Rs 7 crore penalty on Bank of Baroda, HDFC Bank

Mon, Jul 25, 2016

The Reserve Bank of India (RBI) on Monday has imposed penalties of total Rs 7 crore on Bank of Baroda and HDFC Bank on the back of irregularities it found in both banks. The central bank has imposed penalities on the two banks under Section 35 (1A) of the Banking Regulation Act, 1949.

Equitas Holdings' Q1 net profit up nearly 64%; shares surge over 4%

Equitas Holdings' Q1 net profit up nearly 64%; shares surge over 4%

Fri, Jul 22, 2016

Equitas Holdings on Friday posted a 64% growth in its consolidated net profit for the first quarter (Q1) ended June 30, 2016, the company said to the BSE in a notification.

RBS to shut 6 of 10 branches in India from October 1

RBS to shut 6 of 10 branches in India from October 1

Wed, Jul 20, 2016

Royal Bank of Scotland (RBS) will close six branches out of 10 retail banking and wealth management services in India from October 1.

Watch top 5 stories of this evening; From FM Jaitley's meet with PM Modi on new RBI Governor to I-T raids on Indiabulls offices

Watch top 5 stories of this evening; From FM Jaitley's meet with PM Modi on new RBI Governor to I-T raids on Indiabulls offices

Wed, Jul 13, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this evening: 1. FM meets PM on new RBI Governor

News 360 : Vice Chairman of NITI aayog 'Arvind Panagariya' may become next RBI Governor

News 360 : Vice Chairman of NITI aayog 'Arvind Panagariya' may become next RBI Governor

Mon, Jul 11, 2016

Watch this special segment and get to know about the possibility of Arvind Panagariya's appointment as RBI Governor. To know more watch this full video here.

WATCH: Top 5 stories of this night; From Arvind Panagariya as new RBI Governor to oversubscription of L&T Infotech's IPO

WATCH: Top 5 stories of this night; From Arvind Panagariya as new RBI Governor to oversubscription of L&T Infotech's IPO

Mon, Jul 11, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this night: 1. Arvind Panagariya new RBI Governor?

Improvement in monsoon positive for markets, inflation: India Ratings

Improvement in monsoon positive for markets, inflation: India Ratings

Mon, Jul 11, 2016

An overall improvement in monsoon this year will augur well for inflation and markets going forward, India Ratings and Research said in its latest report.

June CPI Inflation to marginally ease, says DBS

June CPI Inflation to marginally ease, says DBS

Mon, Jul 11, 2016

May factory output and June inflation numbers are likely to reinforce the status that India's industrial activity remains weak while headline inflation hovers at recent highs, says a DBS report.

Growth in housing price rise moderates, says RBI

Growth in housing price rise moderates, says RBI

Mon, Jul 11, 2016

The rate of increase in property prices has moderated on a year-on-year basis for the quarter ended March 2016 as per the latest quarterly Housing Price Index (HPI) for All-India and 10 major cities report of RBI.

After Ola, Meru lashes out at Uber for 'breaking' local laws

After Ola, Meru lashes out at Uber for 'breaking' local laws

Tue, Jul 05, 2016

"Their play book globally is the same: First break the law then use billions of dollars of funding to kill the competition through unrealistic and predatory pricing to consumers and massive incentives to drivers," Meru said in a blogpost.

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