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.
Sun, May 10, 2020
The Supreme Court on Friday sought the RBI's response on a plea challenging charging interest on loans, even after the central bank ordered a three month moratorium on the payment of EMIs.
Thu, May 07, 2020
If you have apprised your bank of some service related issues and the bank is still not paying heed to your complaint, here is what you can do. If your bank is not responding to your complaints despite repeated reminders, you can file your complaint with the banking ombudsman. But before filing a complaint, know these important rules
Wed, May 06, 2020
The Reserve Bank of India (RBI) has deferred interviews for Grade B (DR) DEPR (BY 2019) that were scheduled to be held between 4 May and 7 May. The move comes as a "precautionary measure" amid the Novel Coronavirus (COVID-19) pandemic that has forced a nationwide lockdown
Tue, May 05, 2020
You don't need to open a separate account for pension. You can use the existing account for receiving pension. Pension accounts can be transferred to another branch or a different bank
Mon, May 04, 2020
Implementation of three months moratorium on repayment of loan instalments announced by the RBI and strengthening grievance redressal mechanisms were also discussed.
As per the bank's website, it had deposits of Rs 485.56 crore, loans of Rs 161.17 crore and a negative networth of Rs 239.18 crore.
Sun, May 03, 2020
The Reserve Bank of India (RBI) on Saturday reviewed the credit flow situation from the banking sector to various industries.
According to RBI, the bank is not in a position to pay its present and future depositors.
Mon, Apr 27, 2020
Days after Franklin Templeton Mutual Fund decided to close six of its debt schemes, the Reserve Bank of India has announced a Rs 50,000 crore special liquidity facility for mutual funds.
Thu, Apr 23, 2020
Those who have still not purchased Sovereign Gold Bonds should hurry-up as tomorrow is the last date for subscription to 2020-21 Series I SGB. The next opportunity will only be next month when 2020-21 Series II SGB are open for subscription between 11-15 May. The 2020-21 Series I SGB were open for subscription by RBI on behalf of Government of India from 20 April
Wed, Apr 22, 2020
The Coronavirus outbreak and its seemingly unstoppable spread have shaken every part of the globe, including India. No one knows when the end of this virus will come and this has increased uncertainties manifold.
Mon, Apr 20, 2020
In a major development, the Reserve Bank of India (RBI) on Monday announced the calendar of the meetings of the Monetary Policy Committee (MPC) for the current financial year
Fri, Apr 17, 2020
The RBI is scheduled to conduct the fourth tranche of targeted long-term repo operations (LTRO) for Rs 25,000 crore on April 17. RBI did this to ensure liquidity in the banking system.
The RBI Governor Shaktikanta Das Friday announced a new set of measures in response to the current growth and financial market stress. These measures are mostly aimed at easing pressure on the lower rated/smaller participants of the financial markets.
The RBI Governor Shaktiknata Das Friday announced a 90-day extension for the resolution period for large stressed assets which have not been resolved within the 210 day deadline as per the central bank's June 7, 2019 order.
The Reserve Bank of India Friday gave a major boost to the real estate sector by giving an additional Rs 50,000 crore through targeted long-term repo operation (TLTRO) to be undertaken in tranches – a move that has been hailed by both NBFCs as well as the real estate sector.
RBI Governor Shaktikanta Das called a press conference at a very short notice today to make a number of announcements meant to boost the economy in the wake of the coronavirus lockdown impact. Among these measures was a cut in reverse repo rate by 25 basis points.
If you are planning to invest in gold, then the best option before you is SGB or Sovereign Gold Bonds. There are no hassles with this gold instrument unlike the physical gold. Physical gold buying is not ideal
Addressing the fact that global financial markets remain volatile, RBI Governor Shaktikanta Das in a video address on Friday said that India is expected to show a sharp turnaround in FY22, when the COVID-19 crisis is over.
Wed, Apr 15, 2020
RBI Caution: The Reserve Bank of India (RBI) is the Indian banking regulator and should not be confused as a retail banking institution. It has been periodically reiterating this message about the activities of unscrupulous elements using the name of RBI and defrauding the common public
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