Fri, Apr 26, 2024
The allocation of incremental changes in the g-sec limit (in absolute terms) over the two sub-categories – 'General' and 'Long-term' – will be retained at 50:50 for 2024-25.
More >
The effect of RBI's strictness is also visible on the results of banks... There is not much improvement in the results of IT companies: Dilip Bhatt, Founder, Pedigree Advisory
While issuing the guidelines in June 2023, the RBI had said that banks must ensure that the total amount of DLG cover on any outstanding portfolio -- which is specified upfront -- shall not exceed five per cent of the amount of that loan portfolio.
Sun, Sep 25, 2022
The RBI, which has since May raised the short-term lending rate (repo) by 140 basis points (bps), may again go for a 50-bps increase to take it to a three-year high of 5.9 per cent, say experts.
The Manila-based multilateral funding agency has raised the inflation forecast for the current fiscal year ending in March 2023 to 6.7 per cent from its earlier projection of 5.8 per cent.
Fri, Sep 23, 2022
Banking system's credit growth at the end of the June quarter accelerated to 14 per cent as compared to the year-ago period, the RBI said on Friday.
Soumya Kanti Ghosh, the group chief economist at the nation's largest lender SBI, in a detailed note on Monday said, a half-percentage point hike in the repo rate looks imminent in an aggressive response to external shocks.
M&M Finance Shares currently on 10% lower circuit. RBI halts third party recovery of Mahindra Finance. What happened in M&M Finance? How strict is RBI on third party recovery? Know full details from Varun Dubey.
What action did RBI take in M&M finance case? What will happen at M&M Finance today? Know in this video.
Rupee declined by more than 80 paise in 1 day. Why did the rupee depreciate? What will RBI do to stop the fall of rupee? Must watch this video of Anil Singhvi.
Thu, Sep 22, 2022
As per the statement, the co-operative bank has failed to comply with the requirements the Banking Regulation Act, 1949 and its continuance is prejudicial to the interests of its depositors.
Reserve Bank Executive Director Ajay Choudhary on Thursday said there is no "sure-fire way" to regulate fintech players, and made it clear that the onus is on such entities to operate in a balanced way.
Next Bank Holiday October 2022: Banks in India will remain closed to public on 15 days in October. The closure will be city-wise and based on holidays declared by local administrations in different states
Wed, Sep 21, 2022
Reserve Bank of India governor Shaktikanta Das launched NPCI's new initiatives at the Global Fintech Fest in Mumbai. From UPI Lite to using credit cards for UPI transactions, here is all you need to know.
Unified Payments Interface (UPI) is being seen as a potent way to make low ticket payments faster and in a simpler way
Shares of Central Bank of India jumped more than 15 per cent in early trade after the Reserve Bank of India (RBI) removed the bank from the Prompt Corrective Action Framework (PCAF) watchlist.
The intention of the central bank is not to penalize or stifle anyone but to ensure that everyone follows traffic rules.
Tue, Sep 20, 2022
Of the three state-owned lenders under the RBI's PCA framework, Indian Overseas Bank and UCO Bank were removed from the watchlist in September 2021.
The projects are part of the RBI initiative for the digitalization of rural finance wherein banks are collaborating with Reserve Bank Innovation Hub (RBIH).
Mon, Sep 19, 2022
Mondal's appointment, approved by the bank's board on Thursday, is for a period of three years with effect from September 15, 2022
Sat, Sep 17, 2022
Several people were cheated in the last few years by cyber frauds because they have stored their card data on the merchants website for future payments.
Fri, Sep 16, 2022
Zee Business Top Picks 16th Sep'22: From SEBI's new guidelines on settlement of running account for brokers to Prime Minister Narendra Modi in SCO Summit to Rupee fairing against the US Dollar, here is a list of top stories that featured on zeebiz.com. Take a look to know more
The RBI data on Outward Foreign Direct Investment (OFDI) for August 2022 showed that the total financial commitment by the domestic firms was worth USD 1,027.67 million in August, 2022-23. In the same month of 2021-22, it stood at USD 2,500.97 million (USD 2.5 billion).
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.