Mumbai: In view of the continued need to support the viable MSME entities on account of the fallout of COVID-19, the Reserve Bank on Thur...Read More
Mumbai: The Reserve Bank's rate-setting Monetary Policy Committee (MPC) will meet next week to decide on the policy stance amid the urgen...Read More
Mumbai: The Reserve Bank is likely to go in for a minimum 25 basis points cut in key lending rate in the forthcoming monetary policy revi...Read More
Mumbai: Hedge fund Route One Investment Company will be doubling its stake in Indusind Bank to 10 per cent, the private sector lender sai...Read More
The outstanding incremental non-food credit stood at Rs 90.3 lakh crore as of May 22, 2020, as against Rs 84.51 lakh crore on May 24, 2019.
Former RBI Governor Duvvuri Subbarao said the Centre needs to cap its borrowings as the open ended borrowings will have negative consequ...Read More
The Sovereign Gold Bond Scheme 2020-21-Series II will be opened for subscription from May 11, 2020 to May 15, 2020.
New Delhi: Reserve Bank Governor Shaktikanta Das has called a meeting with bank chiefs on Saturday to take stock of the financial sector ...Read More
By FPJ Bureau
It can be noted that rating agencies have been largely blamed for their lax policies and oversight for the 2008 global financial crisis
New Delhi: Markets regulator Sebi on Thursday asked all listed banks to make disclosures about any divergence in provisioning of bad loan...Read More
Mumbai: The Punjab & Maharashtra Cooperative Bank (PMC) scam points to the urgent need to massively increase the depositor insurance ...Read More
By Staff Reporter
The bank’s customers and an NGO, have urged the HC to set aside the withdrawal limit imposed upon them by the Reserve Bank (RBI).
Goyal named large tax payers like Wipro, Infosys and Coal India, which do not seek any exemptions, as significant beneficiaries of the ta...Read More
Despite the many an effort to shift to digital payments and usher in a digital payment economy, the currency in circulation has jumped by...Read More
The recent steps by the Reserve Bank to encourage banks to increase lending to non-banking finance companies and retail borrowers are lik...Read More
A day after the Reserve Bank announced the resignation of deputy governor Viral Acharya, the central bank's employees association has cal...Read More
New Delhi: The draft liquidity norms for the non-banking financial companies (NBFCs) announced by the Reserve Bank will put pressure on t...Read More
Mumbai: The Reserve Bank said it will inject Rs 15,000 crore into the financial system next month through purchase of government bonds vi...Read More
Mumbai: The Reserve Bank asked NBFCs with asset size of over Rs 5,000 crore to appoint board-approved chief risk officer (CRO) with adequ...Read More
Mumbai: The Reserve Bank on Wednesday warned of the rising risks to fiscal consolidation of the states as their finances are saddled with...Read More