Sat, Nov 25, 2023
The auctions, scheduled for December 1, will be facilitated by the Reserve Bank of India (RBI) at its Mumbai Office.
Fri, Nov 24, 2023
SBI Card share price: The brokerage firm InCredit Equities pointed out in its report that while private banks will see an impact of around 5 per cent of the net loans, SBI Card will see a 100 per cent impact.
Wed, Nov 22, 2023
RBI Governor Shaktikanta Das reiterated that the top priority of the Monetary Policy Committee (MPC) priority is inflation over growth and to drain out excess liquidity from the system.
Fri, Nov 04, 2022
India's forex reserves increased by USD 6.561 billion to reach USD 531.081 billion for the week ended October 28, the RBI said on Friday.
The overall reserves, which have been on a declining spree, had dropped by USD 3.847 billion to USD 524.52 billion in the previous reporting week.
LIVE: RBI MPC Meeting Outcome November 2022: The rate setting panel of Reserve Bank of India (RBI) met on Thursday to discuss and draft a report for the government on why it failed to keep retail inflation below the target of 6 per cent for three consecutive quarters since January this year. The meeting was chaired by RBI Governor Shaktikanta Das and attended by all MPC members -- Michael Debabrata Patra, Rajiv Ranjan, Shashanka Bhide, Ashima Goyal and Jayanth R Varma. Here are all the LIVE UPDATES, Latest News of RBI MPC Meeting Outcome 3rd November 2022:-
Thu, Nov 03, 2022
The Reserve Bank of India has called an additional meeting of its Monetary Policy Committee (MPC) tomorrow. In a statement issued, the central bank said that in accordance with the provisions of Section 45ZN of the RBI Act, a special meeting of the Monetary Policy Committee (MPC) has been convened on November 3. This section of the RBI Act provides that in case of failure to keep inflation within the limits set by the government, the central bank has to report it to the government. What to expect from RBI's MPC meeting? How much inflation will RBI tolerate? Know from Varun Dubey. Also know from Ajay Bagga what will happen in the MPC meeting of RBI?
Wed, Nov 02, 2022
Acting early would have exerted costs to the economy and the people, Das said.
Tue, Nov 01, 2022
India's first digital rupee pilot project has been rolled out by the Reserve Bank of India. The digital rupee (e₹) will be used for issuing virtual currency for transactions in government securities.
RBI launched pilot project of 'e-Rupee'. What Is CBDC 'e-Rupee'? Why there is a need for CBDC 'e-Rupee'? What is the difference between CBDC and Cryptocurrency? Know full details from Nupur.
Mon, Oct 31, 2022
Monetary Policy Committee (MPC) Meeting: The Reserve Bank will submit a report to the government on its failure to keep the retail inflation rate below six per cent for three consecutive quarters beginning January 2022.
Sun, Oct 30, 2022
The monetary policy framework, which came into effect about six years ago, mandates the Reserve Bank of India (RBI) to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.
The RBI`s Monetary Policy Committee (MPC) will meet on November 3 to discuss what it would tell the Centre as to why it was not able to restrain the inflation.
Sat, Oct 22, 2022
The genesis of financial sector reforms in India could be attributed to the recommendations of the Committee on the Financial System chaired by M Narasimham in 1991.
Thu, Oct 13, 2022
Official data released on a showed that the retail inflation based on Consumer Price Index (CPI) was at 7.41 percent in September. It was at 7 percent in August and 4.35 percent in September 2021
Tue, Oct 11, 2022
The existing ARCs have been given a glide path to meet the minimum net owned fund (NOF) requirement till April 2026, the RBI said in a circular amending the existing regulatory framework for such entities.
Currently, RBI guidelines allow industrial houses to hold a maximum of 10 per cent stake in private sector banks, but they cannot be a promoter.
The RBI said unhedged foreign currency exposure of any entity is an area of concern not only for the individual entity but also for the entire financial system.
Thu, Oct 06, 2022
After hitting a low in July 2021 on the back of Covid19 pandemic, Consumer Confidence Index (CCI) has continued its upward move and was recorded at 80.6 in the survey. It was at 77.3 in July 2022
Wed, Oct 05, 2022
AM Green Energy was the only company to issue masala bonds for the entire USD 502.79 million for a new project, as per the Reserve Bank (RBI) data.
RuPay credit card has been operational for the last four years, and all major banks are enabled and are issuing incremental cards for both commercial and retail segments.
Tue, Oct 04, 2022
Zee Business Top Picks 4th Oct'22: 'Reported frauds with delay': RBI imposes heavy penalty on this bank for non-compliance with RBI directions — check details
Mon, Oct 03, 2022
Zee Business Stock, Trading Guide 4 October 2022: The domestic equity market failed to maintain the momentum after closing strongly on Friday as benchmarks Nifty50 and Sensex dropped over one per cent each on Monday.
Fri, Sep 30, 2022
The Reserve Bank on Friday categorised 16 big non-banking financial companies, including LIC Housing Finance and Bajaj Finance, as upper-layer NBFCs that will be subject to an enhanced regulatory framework.
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