Fri, Dec 01, 2023
Consequently, while it becomes more expensive for financial institutions to lend in these segments, the borrower will also have to bear the brunt of higher interest rates.
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.
Fri, Oct 09, 2020
In a major development, the Reserve Bank of India (RBI) today announced round-the-clock availability of Real Time Gross Settlement System (RTGS). The RBI Governor Shaktikanta Das, while announcing the decisions of the new Monetary Policy Committee (MPC), said that this facility will be made effective from December 2020 and will be available on all days of the year
In a major development the Reserve Bank of India (RBI) today announced its decision to rationalise the risk weights and link them to the loan-to-value (LTV) ratios for all new housing loans sanctioned up to March 31, 2022. The declaration was made by Governor Shaktikanta Das during his speech on the bimonthly Monetary Policy Committee (MPC) announcement
The Reserve Bank of India (RBI) on Friday kept the repo rate unchanged on 4 per cent, as speculated by most analysts and experts.
Thu, Oct 08, 2020
Despite the addition of new members with diverse academic backgrounds, persistently high inflation will deter the Reserve Bank`s Monetary Policy Committee (MPC) from administering a dose of a lending rate cut, experts opined
Wed, Oct 07, 2020
The Reserve Bank of India’s newly-constituted Monetary Policy Committee (MPC) started its three-day deliberations on Wednesday, after suddenly postponing the meet last week. On September 28, the RBI had postponed the meeting of the Monetary Policy Committee (MPC) as three new members of the committee were yet to be appointed.
Sun, Oct 04, 2020
In a major development, the RBI affirmed the possibility of currency notes as potential carriers of novel coronavirus and demanded government incentives for digital payments, as per the Confederation of All India Traders (CAIT).
Thu, Oct 01, 2020
The all-India House Price Index (HPI) rose 2.8 per cent in the first quarter of the current financial year on an annual basis, according to data released by the Reserve Bank of India
Tue, Sep 29, 2020
Several sectors were expecting big announcements from Reserve Bank of India, ahead of the festive season but much to their disappointment, the meeting of the Monetary Policy Committee has been postponed for now.
Mon, Sep 28, 2020
Industry body CII has urged the Reserve Bank to reconsider its circular regarding opening of current accounts saying that the guidelines are likely to disrupt the servicing of clients by banks leading to inefficiencies and delays
In order to check banking fraud, the Reserve Bank of India has decided to introduce from January 1, 2021, the 'positive pay system' for cheques.
Sun, Sep 27, 2020
In order to check banking fraud, the Reserve Bank of India has decided to introduce from January 1, 2021, the 'positive pay system' for cheque.
Stock markets are expected to consolidate in near-term due to economic uncertainty and a host of factors such as RBI monetary policy, car sales and macroeconomic data and global cues would dictate the direction in this holiday-shortened week, analysts said.
Persistently high inflation fanned in part due to supply side disruptions along with seasonal factors will deter the Reserve Bank to administer a dose of lending rate cut during the upcoming monetary policy review.
The dynamic economic upheaval unleashed by Covid-19 pandemic might hinder the Reserve Bank of India (RBI) from giving a pin-pointed growth as well as inflation forecast in the upcoming monetary policy report, experts opined.
Sun, Sep 20, 2020
There have been a lot number of unconfirmed reports on Rs 2000 notes doing the rounds speculating that the denomination notes to be discontinued or not.
Thu, Sep 17, 2020
The Reserve Bank of India (RBI) will conduct an auction to sell government securities being offered by various state governments. The combined value of all the securities is Rs 11,298 cr (Face Value), an RBI release said
Wed, Sep 16, 2020
The new RBI guidelines on the current account have upset foreign banks, as they will not be able to get zero-interest funds from corporates in the name of providing better services than their domestic counterparts.
The Indian economy is showing signs of stability and Reserve Bank of India will take all necessary measures to ensure liquidity in the system and promote economic growth, Shaktikanta Das said.
Thu, Sep 10, 2020
The Supreme Court on Thursday asked the Centre to consider a plea for not charging interest on interest on deferred EMIs during the moratorium period and also not downgrade the credit/asset classification of the borrowers
Fri, Sep 04, 2020
The Reserve Bank has expanded the scope of priority sector lending to include start-ups funding up to Rs 50 crore, and loans to farmers for installation of solar plants and compressed biogas plants
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