Wed, May 01, 2024
Recently, the Reserve Bank of India (RBI) had asked banks and NBFCs not to charge additional interest rates from their customers. The central bank said that there was s a need to be fair and transparent in the matter.
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Fri, Apr 26, 2024
The RBI issued the guidelines for licensing of small finance banks (SFBs) in the private sector.
India's forex reserves can now cover around 11 months of imports.
Tue, Aug 09, 2016
Calling it as "harassment for ordinary customers", Rajan said that the norms have been simplified over the years, but sometimes local branches may not be aware about it.
Kotak Securities said, RBI to remain focused on achieving an inflation rate closer 4%, which will lead to limitation in scope for rate cuts, even though the liquidity channel will likely remain accommodative as RBI continues to keep liquidity closer to neutral on average.
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this morning: 1. Post mixed cues from US, Asian markets open strong
RBI Governor Raghuram Rajan has maintained the status quo in his last monetary policy meet on Tuesday by not cutting the key interest rates. He kept the key policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5%.
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