Thu, Oct 31, 2024
The rupee settled on a flat note and rose 1 paisa to 84.07 (provisional) against US dollar on Thursday, weighed down by persistent foreign fund outflows and month-end dollar demand from importers.
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Tue, Oct 15, 2024
The retail inflation is projected to average 4.5 per cent in 2024-25 and align with the target on a durable basis by 2025-26, RBI deputy governor Michael Debabrata Patra has said at a conference here.
Mon, Oct 14, 2024
The RBI has also imposed a penalty of Rs 14 lakh on Arunachal Pradesh Rural Bank for non-compliance with certain directions on 'Strengthening of Prudential Norms - Provisioning Asset Classification and Exposure Limit' and 'Know Your Customer' (KYC). Besides, penalties have been imposed on three other cooperative banks for contravention of certain norms.
Wed, May 29, 2019
The Reserve Bank of India announced to constitute a task force on development of secondary market for corporate loans.
RBI repo rate cut is the need of the hour as the stage is equally set for developing the Fixed Income and Debt Derivatives market to drive growth.
Tue, May 28, 2019
RBI has decided to extend the usage timings for 'Real Time Gross Settlement' (RTGS) system from June 1. A notification to this effect was issued on Tuesday.
SBI expects gross domestic product (GDP) growth for Q4 (January-March) FY19 at 6.1 per cent. The report also says that the Gross value added (GVA) growth could be at six per cent, or slip marginally below 6 per cent at 5.9 per cent.
Mon, May 27, 2019
RBI scholarship scheme 2019: The Reserve Bank of India has invited applications as per prescribed format from full-time faculty members, teaching economics or finance
Sat, May 25, 2019
The RBI's draft circular on the 'Liquidity Risk Management Framework for NBFCs and Core Investment Companies (CICs)' was released on Friday.
Fri, May 24, 2019
The revised VRR scheme will open for allotment from May 27. The minimum retention period would be three years.
Tue, May 21, 2019
The decision to create a specialised supervisory and regulatory cadre within the RBI was taken at the meeting of the Central Board of the apex bank headed by Governor Shaktikanta Das.
Sun, May 19, 2019
"We are confident with our vision as a payment system provider aligned with the regulators, we will be able to contribute in increasing the digital transactions penetrations especially in the assisted segment in smaller cities and rural Indian," he said.
Sat, May 18, 2019
A Chartered Accountant with an MBA (Finance), Pavan has over 34 years of varied experience in Risk management.
Experts and stakeholders have welcomed the Reserve Bank of India's 'Vision 2021' for 'Payment and Settlement Systems in India'.
Fri, May 17, 2019
Reserve Bank-appointed committee led by Aadhaar architect Nandan Nilekani submitted its suggestions on promoting digital payments to Governor Shaktikanta Das Friday.
Thu, May 16, 2019
RBI asked NBFCs with asset size of over Rs 5,000 crore to appoint board-approved chief risk officer (CRO) with adequate professional qualification and a fixed tenure.
The Reserve Bank of India (RBI) has directed NBFCs with asset size of over Rs 50 billion (Rs 5000 crore) to appoint a Chief Risk Officer (CRO).
The Reserve Bank of India expects the currency in circulation to come significantly down in the next two years.
Wed, May 15, 2019
Gandhi joined the Board for a period of 2 years with effect from May 14, 2019 to May 13, 2021.
Tue, May 14, 2019
RBI is increasingly focusing on transmission as it continues its FX swap program and OMO auctions to supply durable liquidity and improve transmission.
To open the account, the bank just requires the individual's Aadhaar card, PAN card and form no 60.
Sun, May 12, 2019
New RBI app to identify currency notes: The Reserve Bank of India proposes to come out with a mobile application to aid visually impaired persons in identifying Indian currency notes
Fri, May 10, 2019
Rising trade protectionist measures along with threat of a currency shock and dovish global monetary policy might compel RBI to augment its gold reserves.
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