Reserve Bank of India,

‘Economic slowdown very worrisome, need reforms’

‘Economic slowdown very worrisome, need reforms’

Rajan, who was Governor of the Reserve Bank of India from 2013 to 2016 but was denied a second term

RBI in discussions with Sebi, Irdai to make AMCs, insurers part of ICA

RBI in discussions with Sebi, Irdai to make AMCs, insurers part of ICA

Mumbai: To further ease the resolution of stressed assets, the Reserve Bank is in discussions with its counterparts Sebi and Irdai to all...Read More

PSU banks mull over ways to aid rate transmission

PSU banks mull over ways to aid rate transmission

State-owned banks have sprung into action to reduce loan rates and link rates on consumer loans to an external benchmark after the Reserv...Read More

Digital Payments South Asia 2019

Digital Payments South Asia 2019

On 15 May the Reserve Bank of India (RBI) released its ‘Payment and Settlement Systems in India: Vision 2019–2021’, outlining the road ma...Read More

RBI opens more liquidity taps to NBFCs

RBI opens more liquidity taps to NBFCs

Mumbai: Governor Shaktikanta Das Wednesday said the Reserve Bank will not allow any large and systemically important entity from the trou...Read More

Good news! RBI allows round-the-clock fund transfers under NEFT from December

Good news! RBI allows round-the-clock fund transfers under NEFT from December

The RBI has decided to allow round-the-clock fund transfers through NEFT from December this year in order to promote digital transactions...Read More

Eight PSU banks fined between Rs 1-2 crore by RBI for violating regulatory norms

Eight PSU banks fined between Rs 1-2 crore by RBI for violating regulatory norms

Mumbai: The Reserve Bank of India (RBI) has imposed a penalty ranging between Rs one crore to two crore on eight government-owned banks f...Read More

Bimal Jalan Panel may suggest Rs 50k cr transfer from contingency fund

Bimal Jalan Panel may suggest Rs 50k cr transfer from contingency fund

The Bimal Jalan panel, which is looking into the size of capital reserve that the Reserve Bank of India should hold, may recommend transf...Read More

Mumbai remains least affordable city in India, while Bhubaneswar remains most affordable: RBI survey

Mumbai remains least affordable city in India, while Bhubaneswar remains most affordable: RBI survey

Mumbai remains the least affordable city in India, while Bhubaneswar remains the most affordable, it said.

India Inc's FDI down over two times in June

India Inc's FDI down over two times in June

India Inc's foreign direct investment in June fell by over two times from a year ago to $820.36 million, data from the Reserve Bank of In...Read More

A mess: Urjit Patel admits RBI was slow to take timely measures

A mess: Urjit Patel admits RBI was slow to take timely measures

State-run lenders have high ratio of non-operating expenses to earnings compared to their private sector peers said Patel

IL&FS board sets up sub-committee

IL&FS board sets up sub-committee

Debt-ridden IL&FS has decided to constitute a sub-committee to oversee the process of divestment of its assets in light of the Reserve Ba...Read More

CAD inches up to 2.1% in FY19

CAD inches up to 2.1% in FY19

Current account deficit (CAD) increased to $57.2 billion or 2.1% of GDP in FY19 as against 1.8% in the previous year

Reserve Bank of India panel for Rs 15,000 crore fund to support MSME space

Reserve Bank of India panel for Rs 15,000 crore fund to support MSME space

The U K Sinha Committee, set up by the RBI on micro, small and medium enterprises, has recommended a financial support of Rs 15,000 crore...Read More

‘Gross NPAs may reduce to 8 percent by 2020'

‘Gross NPAs may reduce to 8 percent by 2020'

Higher recoveries and slowdown in fresh bad loans are likely to reduce banks non-performing loans (NPAs) to nearly 8% by March 2020, says...Read More

RBI panel for Rs 5,000 crore MSME distressed asset fund

RBI panel for Rs 5,000 crore MSME distressed asset fund

A Reserve Bank of India (RBI) panel, led by former Sebi Chairman U.K. Sinha, has recommended the creation of a distressed asset fund with...Read More

RBI says no power to ask banks to share information on customers with third parties, including investigative agencies: Report

RBI says no power to ask banks to share information on customers with third parties, including investigative agencies: Report

The Reserve Bank of India (RBI), known to be the central banking institution of India, has said that it has no power to ask banks to shar...Read More

RBI's Deputy Governor Viral Acharya resigns six months before his term ends

RBI's Deputy Governor Viral Acharya resigns six months before his term ends

RBI Deputy Governor Viral Acharya has reportedly resigned six months before the scheduled end of his term. Viral Acharya had batted for c...Read More

RBI eases no-frills a/c norms

RBI eases no-frills a/c norms

Banks will now provide cheque books and other facilities to basic account holders, with the Reserve Bank of India relaxing the norms on M...Read More

Nirmala Sitharaman’s big challenge

Nirmala Sitharaman’s big challenge

On Thursday, the Reserve Bank of India’s Monetary Policy Committee further lowered the key lending rate or repo rate by 25 basis points t...Read More

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