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.
Tue, Mar 03, 2020
Right from the time when Narendra Modi assumed PM office, his prime focus was to put a full stop to corruption and scams.
Fri, Feb 28, 2020
Bank holidays in March 2020: March 2020 will have 16 bank holidays in different states and a three-day strike called by workers' unions demanding pay revision; this will be the third strike in three months
Sun, Feb 23, 2020
Financially sound non-banking finance companies (NBFCs) and housing finance companies (HFCs) may be next in line to be permitted extension of the date of commencement of commercial operations (DCCO) of project loans for commercial real estate by another one year without downgrading the asset classification.
Wed, Feb 19, 2020
Basic Savings Bank Deposit Account: With the BSBDA account, you will not have to fulfill the minimum balance requirement. To know more, you can give missed call to the RBI number 14440
The deadly virus has brought a large part of the world's second-largest economy China to a standstill and its impact has been felt across industries.
In a major development, the Reserve Bank of India on Wednesday granted its final approval to Kotak Mahindra Bank for reducing promoters' stake in the bank to 26 per cent from 29.96 pct.
Sun, Feb 16, 2020
Over eighty years after it was set up, the Reserve Bank of India on Saturday decided to follow April-March fiscal year, and not the current July-June, as its accounting year to align with that of the Central government.
Sat, Feb 15, 2020
In RBI board meeting, RBI governor Shaktikanta Das announced that the growth rate of the country is projected at 6% for the next year. Watch this video to know more.
Tue, Feb 11, 2020
Bank services will be hit next month as a nationwide bank strike has been declared. A two-day bank strike was held by the Bank Employees Federation of India (BEFI) and the All India Bank Employees’ Association (AIBEA) on January 31 and February 1, affecting several services and customers.
The Government of India is set to introduce a new Re 1 currency note soon. The new one rupee notes will be printed by the Ministry of Finance, unlike the other denomination notes which are printed by the Reserve Bank of India (RBI).
Mon, Feb 10, 2020
In a major development, Union Minister of State for Finance & Corporate Affairs Anurag Singh Thakur has made it clear that the Modi government has no plans to give permanent status to the finance commission.
Thu, Feb 06, 2020
RBI monetary policy: The industry experts have welcomed Reserve Bank of India's decision to maintain accommodative stance while keeping the repo rate same in its Monetary Policy Committee (MPC) meeting headed by Governor Shaktikanta Das.
The Reserve Bank of India on Thursday projected the economy to expand by 6 per cent during the next financial year, pegging it at the lower end of the GDP growth estimate of the Economic Survey. The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.
The RBI keeps the repo rate and reverse repo rate unchanged at 5.15% and 4.90% respectively.
RBI MPC: The Reserve Bank of India (RBI) has kept the repo rate change in its first Monetary Policy Committee meeting following the Union Budget.
Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is set to meet for the first time after the presentation of Union Budget and is likely to maintain status quo in rates.
Tue, Jan 21, 2020
Restrictions on cash withdrawals from the scam-hit Punjab and Maharashtra Co-operative (PMC) Bank Ltd were based on the bank's liquidity position and ability to pay its depositors, Reserve Bank of India (RBI) told the Delhi high court on Tuesday.
Thu, Jan 16, 2020
Government may adopt WPI to measure inflation doing away with the practice of taking retail inflation data. It is aggressively working on Monetary policy frame work, too. Measures to control inflation and boosting growth could be announced in Budget 2020
Reserve Bank of India (RBI) has issued a circular to banks which will introduce new rules that will make your debit, credit card more secure. This would introduce many new features, which would help in the usage of cards.
RBI has restricted banks from issuing contactless debit cards and credit cards by default to all the card users.
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