New Delhi, May 31 (IANS) Senior Congress leader P. Chidambaram on Friday said the Reserve Bank of India's (RBI) move to shift around 100 tonnes of its gold kept in bank vaults in the UK to its vaults in India "
New Delhi, April 15 (IANS) Rising global risks, including the rise in crude oil prices, may delay RBI’s rate cuts, analysts said.“While we maintain our call for a 50 bps rate cut starting in 3QFY25, we note
Mumbai, April 5 (IANS) India's GDP growth for 2024-25 is projected at 7 per cent while the forecast for inflation for the year has been retained at 4.5 per cent, RBI Governor Shaktikanta Das said on Friday."Gro
Mumbai, April 1 (IANS) Over the next 10 years, India must strive to become a ‘financially Atmanirbhar’ economy that is shielded from all global events and continues to march ahead confidently for progress a
Mumbai, February 20 (IANS) RBI economists, in a report released on Tuesday, rejected the IMF view that India’s debt-GDP ratio has the potential of shooting past 100 per cent if historical shocks materialise a
Mumbai, February 8 (IANS) The RBI on Thursday said that it has decided to come out with a new framework for authentication of digital payment transactions and introduce additional norms to enhance the security
Mumbai, January 15 (IANS) The RBI on Monday released a 'draft framework for recognising Self-Regulatory Organisations (SRO) for FinTech Sector', laying down the characteristics of a FinTech SRO, and includes th
Mumbai, January 11 (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that post-pandemic digital lending has seen an exponential rise in India and at the same time, it has also raised
Mumbai, December 21 (IANS) The RBI has issued a circular to all banks for introducing the Card-on-File (CoF) token facility at the level of banks and other institutions to provide convenience for cardholders to
Chennai, November 28 (IANS) The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will continue with the 6.5 per cent repo rate and will not change its stance at its upcoming meeting next month as
Mumbai, November 23 (IANS) The RBI on Thursday said that the banks should focus on fortifying cyber security and prevention of cyber frauds to safeguard their customers from rising incidents of fraud and data b
New Delhi, November 17 (IANS) Nifty PSU Bank and Nifty Bank fuelled pessimism in the market, which was down by 2.39 per cent and 1.31 per cent respectively.RBI's decision to place a higher risk weight on credit
New Delhi, October 20 (AINS) RBI Governor Shaktikanta Das on Friday said the central bank faces the challenge of keeping a delicate balance between promoting growth and controlling inflation, with the potential
New Delhi, October 14 (IANS) Even as the International Monetary Fund (IMF) has enhanced India's economic growth projection to a conservative 6.3 per cent for the current fiscal, the Reserve Bank of India (RBI)
Chennai, October 4 (IANS) The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to retain the repo rate at the current level though a reduction in the rate in the near future is prefer
New Delhi, September 8 (IANS) The Reserve Bank of India (RBI) has decided to discontinue the requirement for scheduled banks to maintain an incremental cash reserve ratio (I-CRR) of 10 per cent on the increase
New Delhi, August 18 (IANS) The Reserve Bank of India (RBI) on Friday said that banks cannot use penalties imposed on loan defaulters for raising funds.
(adsbygoogle = window.adsbygoogle || []).push({})
New Delhi, August 11 (IANS) Public sector banks are up in trade but private sector banks are down following RBI's decision to hike CRR provision to curb liquidity.
Among private sector banks, Indusind Ba
Mumbai, August 1 (IANS) As the process for the withdrawal of the Rs 2000-currency notes continues, the RBI on Tuesday said that 88 per cent of the high-value denomination banknotes in circulation have been retu
Chennai, July 31 (IANS) Despite food inflation and existance of continued geo-political and climate risks, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will not change the interest ra