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.
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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.
Tue, Aug 31, 2021
The two companies have applied under the RBI's on-tap licensing guidelines released by the central bank in December 2019.
Thu, Aug 26, 2021
The Reserve Bank of India (RBI) has on Wednesday said it has imposed a penalty of Rs 15 lakh on The Baghat Urban Co-operative Bank Limited, Solan, for violation of certain norms, including, those related to NPA classification, a PTI report said.
Wed, Aug 18, 2021
The RBI article was referring to the IPO of Zomato which got oversubscribed 38 times.
Debut offerings by Indian unicorns -- unlisted start-ups -- kicked off by a food delivery app's stellar IPO that was oversubscribed 38 times, have set domestic stock markets on fire and global investors in a frenzy.
The open market purchase was announced by the RBI after the Monetary Policy Review meeting early this month.
The branch-wise locker allotment information and the waiting list of banks will be linked to the core banking system.
Sun, Aug 15, 2021
"As per the data submitted by the bank, 95 per cent of the depositors will receive full amounts of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC)," the central bank said while announcing cancellation of the bank's licence
Fri, Aug 13, 2021
According to the report, the MPC stood pat in the latest review, but in an interesting departure, announced a small increase in the absorption of surplus liquidity through variable rate reverse-repo operations.
Tue, Aug 10, 2021
The RBI will start imposing penalty on banks in case the ATMs remain out-of-cash for a total period of 10 hours in a month from October 1, 2021, onwards.
Sun, Aug 08, 2021
Price of Series V SGB will be Rs 4,790 per gram of fold for offline investors. For online buyers, there is a discount of Rs 50 per 10 gram and the SGB is available at Rs 4,740 per 10 gram
Fri, Aug 06, 2021
Reserve Bank Governor Shaktikanta Das said that the economy is recovering from the second wave of Corona. The balance of supply and demand has deteriorated, which is gradually being brought back on track.
The assertion came amid reports that many small businesses had suffered freezing of accounts after the July 31 deadline for revised norms.
Governor Shaktikanta Das earlier made it clear that RBI continues to have concerns with the private DCs which are not regulated and has conveyed the same to the government.
The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged at 4 per cent.
The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy is yet to recover from the impact of second COVID wave.
RBI Monetary Policy August 2021 MPC REVIEW ANNOUNCEMENT LIVE UPDATES: The RBI's rate-setting panel MPC began its three-day deliberations on Wednesday
Wed, Aug 04, 2021
RBI has cautioned the public from falling prey to offers of buying or selling of old bank notes and coins.
Earlier, the Reserve Bank of India had set a deadline of 31 July 2021.
The Reserve Bank of India (RBI) has cautioned the public against falling prey to offers to buy or sell old banknotes and coins. Watch this report of Zee News.
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