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, Aug 19, 2022
At its meeting from August 3 to 5, MPC decided to increase the benchmark lending rate by 50 basis points to 5.40 per cent with a view to tame inflation.
The central bank said the views expressed in the article are those of the authors and are not necessarily shared by the Reserve Bank of India.
“As clearly stated in the article itself, the views expressed in the article are those of the authors and do not represent the views of the Reserve Bank of India,” an RBI release said
Thu, Aug 18, 2022
In the reporting month, the central bank purchased USD 18.96 billion from the spot market and sold USD 22.679 billion, according to the RBI monthly bulletin for August 2022 released on Thursday
RBI issued discussion paper on payment charges. Which companies can be affected? Know full details from Varun Dubey.
Wed, Aug 17, 2022
RBI Issued discussion paper on charges on payment system. All inclusive including RTGS, NEFT, UPI and Debit, Credit Card, PPI. Will the charges on online payment be reduced? Know full details from Anurag Shah.
Fri, Aug 12, 2022
Supreme court issues notice on PIL seeking steps to inform legal heirs about unclaimed deposits. Notice Issued to MCA, RBI, Ministry of Finance, SEBI. Demand in public interest litigation, information should be centralized. Know full news from Ekta Suri.
Thu, Aug 11, 2022
The Reserve Bank had on Wednesday tightened the norms for digital lending to prevent charging of exorbitant rates and to secure customer interest by checking unethical loan recovery practices
Next Bank Holiday 2022: India is celebrating its 75th year of Independences and is also observing an Amrit Kaal
Zee Business sting 'Operation Hafta Vasooli' has a big impact. The loot of common man will now stop. RBI released final guidelines on digital lending. What is in the guidelines for customers? Watch in this video.
Wed, Aug 10, 2022
Under the new norms, all loan disbursals and repayments are required to be executed only between the bank accounts of borrower and the regulated entities (like banks and NBFCs) without any pass-through/ pool account of the Lending Service Providers (LSPs)
Fri, Aug 05, 2022
Monetary Policy Committee unanimously decided to hike the repo rate to 5.4%, the third consecutive hike amid skyrocketing inflation.
"When there is a credit offtake, banks can sustain and support that credit offtake only if they have higher deposits. They cannot be relying on the central bank money on a perennial basis to support credit offtake they have to mobilise their own resources and funds," Das told reporters today
Ramani Sastri - Chairman & Managing Director at Sterling Developers Pvt. Ltd said that the RBI move might have an immediate impact on home buying on a short-term basis
Liabilities of HDFC Ltd will be transferred to HDFC Bank upon their merger and there is no need to pay off such dues on the very first day of the merger, the lender said on Aug 4.
Nifty Bank and Financial Service surged by over 0.7 and 0.6%, respectively minutes after the RBI Governor announced to hike of the key interest rate by 50 bps
Banks with a higher share of floating rates and a robust CASA-led deposit franchise should be placed well in this increasing interest rate environment as the current credit growth is looking up, Naveen Kulkarni , Chief Investment Officer (CIO) at Axis Securities opines.
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the rise of policy rate or repo rate by 50 basis points (bps) to 5.4 per cent.
Tue, Aug 02, 2022
The Reserve Bank of India's rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy amid expectations of at least a 35-basis-point hike in the interest rate to check high retail inflation. Both the central bank and the government have been taking steps to contain inflation which is ruling above thye RBI's comfort level of 6 per cent since January this year. Here are all LIVE UPDATES:-
Mon, Aug 01, 2022
The rate hike comes ahead of the RBI's Monetary Policy Committee (MPC) meeting later this week.
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