Reserve Bank of India (RBI

Teji Mandi: A few good signs

Teji Mandi: A few good signs

The market is continuously defying the bears. An eminent crash is now looking like a distant possibility (Though a healthy correction is ...Read More

The half-trillion forex milestone

The half-trillion forex milestone

India's forex reserves have crossed half a trillion dollars, a historic milestone achieved by the pandemic-caused global recession and de...Read More

Some out-of-the-box ideas for a fiscal stimulus

Some out-of-the-box ideas for a fiscal stimulus

Unconventional times call for unconventional solutions and experiments.

RBI to create Payments Infrastructure Development Fund with initial corpus of Rs 250 cr

RBI to create Payments Infrastructure Development Fund with initial corpus of Rs 250 cr

The Reserve Bank on Friday announced the creation of a Payments Infrastructure Development Fund with an initial contribution of Rs 250 c...Read More

Certificate of Registration: 9 NFBCs surrender; 14 scrapped by RBI

Certificate of Registration: 9 NFBCs surrender; 14 scrapped by RBI

Nine NBFCs, including Reliance Net and Nischaya Finvest Private Limited, have surrendered their certificate of registration, the Reserve ...Read More

RBI hasn't taken a view yet on monetising deficit, say Guv Das

RBI hasn't taken a view yet on monetising deficit, say Guv Das

Reserve Bank of India Governor Shaktikanta Das in an exclusive interview with T. Bijoy Idicheriah and Kalyan Ram from Cogencis says, the ...Read More

RBI’s second dose: A true booster to increase liquidity and credit flow

RBI’s second dose: A true booster to increase liquidity and credit flow

With a clear aim to increase liquidity and credit flow, the Reserve Bank of India (RBI) announced a slew of regulatory measures. This was...Read More

RBI announces refinance package worth Rs 50,000 crore for NABARD, SIDBI and NHB

RBI announces refinance package worth Rs 50,000 crore for NABARD, SIDBI and NHB

Reserve Bank of India (RBI) has announced a special refinancing package to NABARD, SIDBI and NHB worth Rs 50,000 crore. During the media ...Read More

Indore: Financial consultant Prakalp M Jain decodes RBI’s COVID-19 relief package

Indore: Financial consultant Prakalp M Jain decodes RBI’s COVID-19 relief package

Reserve Bank of India has given a small relief in the form of ‘RBI Relief Package’, which can help the common man.

'Stall recovery of EMIs, extend time limit for filing GST returns’: Ashok Chavan writes to Uddhav amidst lockdown due to coronavirus

'Stall recovery of EMIs, extend time limit for filing GST returns’: Ashok Chavan writes to Uddhav amidst lockdown due to coronavirus

Chavan has written a letter to Chief Minister Uddhav Thackeray requesting him to write to the Central government to press this demand.

SBI to invest Rs 7,250 cr for YES Bank rescue plan

SBI to invest Rs 7,250 cr for YES Bank rescue plan

SBI said its shareholding in Yes Bank will remain within 49% of the paid up capital of the private lender and following the fund infusion...Read More

After IL&FS, BSR & Co surfaces in YES Bank mess

After IL&FS, BSR & Co surfaces in YES Bank mess

As per media reports, BSR & Co, a KPMG affiliate, is under Reserve Bank of India’s (RBI) scanner right now.

Shriram Transport Finance can absorb loss from YES Bank exposure: S&P Global Ratings

Shriram Transport Finance can absorb loss from YES Bank exposure: S&P Global Ratings

Even if STFC (Shriram Transport Finance Co) is required to make provision for 100% credit loss on this exposure, it will not materially a...Read More

Yes Bank Crisis: Customers can pay credit bill through other bank accounts

Yes Bank Crisis: Customers can pay credit bill through other bank accounts

The announcement comes as panic gripped the bank's customers, who queued before ATMs and bank branches to withdraw money.

FPJ Edit: RBI says big yes to Yes Bank

FPJ Edit: RBI says big yes to Yes Bank

Another bank, another bail-out. And yet no hope of cleansing of the banking sector. So deep-rooted is the rot in the country’s financial ...Read More

Depositors' money safe; woes based on flawed analysis: RBI

Depositors' money safe; woes based on flawed analysis: RBI

Allaying concerns raised by many after Yes Bank fiasco, the Reserve Bank on Sunday reiterated that depositors' money is safe and it is cl...Read More

Yes Bank crisis: Post IL&FS, Essel group, and other failures, experts were hoping it was over, but...

Yes Bank crisis: Post IL&FS, Essel group, and other failures, experts were hoping it was over, but...

Without mincing words, Harsh Roongta, a financial adviser and former banker, said, “We are hoping this is the last (fiasco) one in the fi...Read More

'SBI has expressed willingness to invest in Yes Bank': Nirmala Sitharaman says govt committed to safeguard depositors' interests

'SBI has expressed willingness to invest in Yes Bank': FM says govt committed to safeguard depositors' interests

FM said that YesBank lent money to some of the very stressed corporations like Anil Ambani Group, Essel, Dewan Housing Finance Corporatio...Read More

'It is no more Yes Bank, it is No Bank now': Depositors express their outrage post crisis

'It is no more Yes Bank, it is No Bank now': Depositors express their outrage post crisis

Inside the branch, customers were waiting with tokens for their turn to withdraw money and those who came in the evening were asked to c...Read More

Banks, select financial institutes post frauds worth ₹1.43 lakh crore

Banks, select financial institutes post frauds worth ₹1.43 lakh crore

Replying to a question on banking frauds and action taken against fraudsters, Finance Minister Nirmala Sitharaman said the government in ...Read More

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