Back to homepage

Tag "reserve bank of india"

RBI may hike 25-50 basis points at monetary policy meeting next week

RBI may hike 25-50 basis points at monetary policy meeting next week

🕔16:08, 30.Jul 2022

Mumbai, July 30 (IANS) The Reserve Bank of India’s (RBI) rate-setting committee is likely to hike 25-50 basis points in repo rate in the monetary policy meeting to be held between August 3-5, according to the estimates of various fund managers

Read Full Article
RBI seeks regulations on cryptocurrencies : Sitharaman in Lok Sabha

RBI seeks regulations on cryptocurrencies : Sitharaman in Lok Sabha

🕔19:18, 18.Jul 2022

Finance Minister Nirmala Sitharaman on Monday said in the Lok Sabha that the Reserve Bank of India (RBI) has recommended framing of regulations for cryptocurrencies. The Indian government wants an international collaboration if such a ban has to be put

Read Full Article
RBI, Bank Indonesia to cooperate against money laundering, terror financing

RBI, Bank Indonesia to cooperate against money laundering, terror financing

🕔21:34, 17.Jul 2022

Chennai, July 17 (IANS) The Reserve Bank of India (RBI) on Saturday said it has signed an MoU with Bank Indonesia (BI) to improve mutual cooperation between the two central banks. Under the MoU, signed on July 16 in Indonesia’s Bali,

Read Full Article
RBI announces measures for settlement of international trade in rupees

RBI announces measures for settlement of international trade in rupees

🕔05:36, 12.Jul 2022

Chennai, July 12 (IANS) The Reserve Bank of India (RBI) on Monday announced an additional framework for invoicing, payment, and settlement of exports/imports in Indian rupees. According to the RBI, the authorised dealer banks should get the prior approval from its

Read Full Article
Inflation to ease in second half of FY23: c

Inflation to ease in second half of FY23: c

🕔11:06, 10.Jul 2022

New Delhi, July 10 (IANS) The inflation in India is expected to ease in a gradual manner in the second half of FY23, said Shaktikanta Das, Governor, Reserve Bank of India (RBI) on Saturday. Speaking at the Kautilya Economic Conclave, organised

Read Full Article
RBI should internationalise Indian Rupee, says SBI

RBI should internationalise Indian Rupee, says SBI

🕔19:58, 7.Jul 2022

The State Bank of India (SBI) on Thursday said the Reserve Bank of India (RBI) should internationalise the Indian rupee. Chennai, July 7 (IANS) The State Bank of India (SBI) on Thursday said the Reserve Bank of India (RBI) should internationalise

Read Full Article
RBI relaxes regulations to boost forex inflows

RBI relaxes regulations to boost forex inflows

🕔06:46, 7.Jul 2022

Mumbai, July 7 (IANS) The Reserve Bank of India (RBI) on Wednesday announced a series of measures to boost foreign exchange inflows. The central bank said that it has taken the steps in order to further diversify and expand the sources

Read Full Article
Large borrowers’ loan accounts and bad loans decline: RBI

Large borrowers’ loan accounts and bad loans decline: RBI

🕔21:13, 2.Jul 2022

The share of large borrowers for scheduled commercial banks (SCB) has declined in the recent times while their share in the gross non-performing assets (GNPA) also went down, said the Reserve Bank of India (RBI). Chennai, July 2 (IANS) The share

Read Full Article
Cryptocurrencies are clear danger to financial systems: RBI Governor

Cryptocurrencies are clear danger to financial systems: RBI Governor

🕔13:07, 1.Jul 2022

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that cryptocurrencies are a clear danger to the financial systems, adding that we must be mindful of the emerging risks on the horizon. New Delhi, June 30 Reserve Bank

Read Full Article
RBI vision for PPI growth by 150% will be big for Paytm

RBI vision for PPI growth by 150% will be big for Paytm

🕔13:27, 27.Jun 2022

New Delhi, June 27 (IANS) The increase in prepaid payment instruments transactions could lead to higher than expected growth in wallet transactions and revenue for Paytm, says a Goldman Sachs report The Reserve Bank of India (RBI) on June 24 released

Read Full Article
RBI extends timeline for compliance of some card business directions

RBI extends timeline for compliance of some card business directions

🕔21:00, 21.Jun 2022

Chennai, June 21 (IANS) The Reserve Bank of India (RBI) on Tuesday extended the timeline for implementation of certain directions relating to credit and debit card business. The RBI, in a notification, said on receipt of representations from the industry stakeholders,

Read Full Article
RBI says 75% of rise in inflation projection for FY23 due to food

RBI says 75% of rise in inflation projection for FY23 due to food

🕔17:04, 8.Jun 2022

Reserve Bank of India Governor Shaktikanta Das, while estimating India’s overall retail inflation for FY23 at 6.7 per cent, said that the 75 per cent of the increase in inflation projections can be attributed to the food group. New Delhi,

Read Full Article
Here’s what experts have to say about RBI’s monetary policy outcome

Here’s what experts have to say about RBI’s monetary policy outcome

🕔17:03, 8.Jun 2022

The Reserve Bank of India on Wednesday raised the repo rate by 50 basis points to 4.9 per cent to tame the rising inflation, which has been now above RBI’s 6 per cent tolerance level for four months in a

Read Full Article
RBI doubles housing loan limits for co-operative banks

RBI doubles housing loan limits for co-operative banks

🕔17:01, 8.Jun 2022

Taking into account the increase in prices since the housing loan limits were last revised and considering the customer needs, central bank Reserve Bank of India decided to increase the existing limits on individual housing loans by the cooperative banks.

Read Full Article
Banks raise lending rates: Here’s what realty experts have to say

Banks raise lending rates: Here’s what realty experts have to say

🕔13:31, 2.Jun 2022

Close on the heels of the Reserve Bank of India (RBI) recent hike in repo rate by 40 basis points, besides giving indications it would raise further in the upcoming monetary policy review meets, several Indian lenders too have raised

Read Full Article
RBI says momentum in economic recovery to continue in FY23

RBI says momentum in economic recovery to continue in FY23

🕔15:20, 27.May 2022

India’s economic recovery from the pandemic shock has sustained in FY22 and the momentum is expected to broadly continue through the ongoing FY23, though with risks of downside from the geopolitical shock and its spillovers, said the RBI’s Annual Report

Read Full Article
RBI’s balance sheet grows by 8.46% in FY22

RBI’s balance sheet grows by 8.46% in FY22

🕔15:17, 27.May 2022

The size of the Reserve Bank of India’s (RBI) balance sheet increased by 8.46 per cent as on March 31, 2022, mainly reflecting its liquidity and foreign exchange operations during the entire fiscal year. New Delhi, May 27 (IANS) The size

Read Full Article
May go for rate hike in June: RBI Governor

May go for rate hike in June: RBI Governor

🕔15:39, 23.May 2022

Chennai, May 23 (IANS) India’s central bank is mulling further rate hikes, said its Governor Shaktikanta Das. He also said the Reserve Bank of India (RBI) will not allow the rupee to depreciate and prevent volatility in the currency market. In

Read Full Article
RBI approves Rs 30,307 cr as dividend to Centre for FY22

RBI approves Rs 30,307 cr as dividend to Centre for FY22

🕔17:59, 20.May 2022

The Reserve Bank of India on Friday said its Board approved the transfer of Rs 30,307 crore surplus as dividend to the Centre for the accounting year FY22. New Delhi, May 20 (IANS) The Reserve Bank of India on Friday said

Read Full Article
Six applicants not found suitable for setting up banks in India

Six applicants not found suitable for setting up banks in India

🕔10:15, 18.May 2022

The Reserve Bank of India (RBI) has rejected the applications of UAE Exchange and Financial Services Limited, The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank), Chaitanya India Fin Credit Private Limited and Pankaj Vaish and others for setting

Read Full Article