Reserve Bank of India (RBI)
RBI will take steps to enable robust growth: Shaktikanta Das
Sat, Jan 19, 2019
Addressing an investors` round table at the Vibrant Gujarat Global Summit 2019 here, the Reserve Bank of India (RBI) Governor also reiterated that the central bank is committed to its mandate of containing inflation, while keeping in mind the need to promote growth.
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Business leaders urge RBI to cut benchmark rate
Thu, Jan 17, 2019
India`s top business groups on Thursday urged the Reserve Bank of India (RBI) to cut its benchmark interest rate by at least half a percentage point and lower the cash reserve ratio it imposes on banks to stimulate an economy that is showing signs of weakness.
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Former UIDAI chairman Nandan Nilekani appointed to head RBI panel on digital payments
Tue, Jan 08, 2019
The committee will undertake cross country analyses with a view to identify best practices that can be adopted in our country to accelerate digitisation of the economy and financial inclusion through greater use of digital payments.
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RBI to carefully consider liquidity inducing measures: Governor Shaktikanta Das
Mon, Jan 07, 2019
Assuring adequate liquidity measures whenever the need arises RBI Governor Shaktikanta Das on Monday noted that liquidity should not become "loose money" and the apex bank would excercise the measures with caution.
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RBI Governor Shaktikanta Das to meet MSMEs, NBFCs next week
Wed, Jan 02, 2019
A day after the Reserve Bank allowed restructuring defaulted loans of up to Rs 25 crore taken by micro, small and medium enterprises (MSMEs), its Governor Shaktikanta Das said he will hold talks with representatives from the MSME and non-banking financial companies (NBFCs) next week.
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Bank GNPAs improved to 10.8 pc; net NPAs to 5.3 pc in Sep: RBI
Mon, Dec 31, 2018
The asset quality of banks showed improvement with gross non performing assets' (GNPAs) ratio declining to 10.8 per cent in September 2018 from 11.5 per cent in March 2018, a Reserve Bank of India (RBI) report said Monday.
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Banks recover Rs 40,400 cr from defaulters: RBI report
Sun, Dec 30, 2018
During the year, recovery through Lok Adalats and DRTs declined alongside the number of cases referred, partly indicative of the growing clout of the IBC mechanism for resolution of stressed assets, the monetary authority noted.
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Clamour grows for review of RBI's ownership rules for private banks as Kotak deadline approaches
Sun, Dec 30, 2018
Recently, the Swadeshi Jagaran Manch (SJM) had also said there was an urgent need for a rethink on the regulatory framework for private bank ownership so that it remains in Indian hands.
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RBI exploring mobile phone-based solution to help visually impaired identify banknotes
Sun, Dec 30, 2018
In June, 2018 the Reserve Bank had announced that it will explore the feasibility of developing a suitable device or mechanism for aiding the visually impaired in the identification of Indian banknotes.
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