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"rbi"

  • RBI permits banks to open vostro accounts from 22 countries for trade in rupee

    This would enable exporters and importers to invoice and pay in their respective domestic currencies enabling the development of a bilateral foreign exchange
  • Central banks need to incorporate climate-related risks in supervisory framework: RBI deputy governor

    The deputy governor further said over the years, Reserve Bank has been taking various policy measures to promote and support green finance initiatives
  • Paytm’s CEO Vijay Shekhar: Expects free cash flow by year-end

    Paytm has reported a narrowing of loss to Rs 358.4 crore in the first quarter ended June 30, 2023.
  • RBI’s returns from investments set to jump by USD 6-8 bn in FY24

    For the week to July 7, the forex reserves rose by USD 1.23 billion to USD 596.3 billion, but still vastly down from the USD 645 billion peak
  • Rising tomato prices received widespread attention as it has taken toll on households’ budgets: RBI article

    In recent weeks, the price of tomatoes has soared to up to Rs 250 per kilogram, mainly due to crop damage
  • RBI, CBUAE sign pacts to promote use of rupee, UAE dirham for cross-border transactions

    The agreements were exchanged between the two governors, in the presence of the Prime Minister of India Narendra Modi and Sheikh Mohamed Bin Zayed Al Nahyan
  • India’s forex reserves rise USD 1.23 billion to USD 596.28 billion

    India's foreign exchange reserves jumped USD 1.229 billion to USD 596.28 billion in the week ended July 7
  • RBI Governor asks banks to remain vigilant amid adverse global scenario

    Governor Shaktikanta Das on Tuesday told chiefs of public and private sector banks that owing to prevailing adverse global conditions, banks need to be extra vigilant
  • Cyber crimes: Parliamentary panel to hear RBI, IT ministry officials

    The parliamentary committee on Finance headed by BJP's Jayant Sinha has called RBI and MeitY officials on July 20, the first day of the Monsoon session
  • Delhi HC dismisses plea challenging RBI’s decision on Rs 2000 note withdrawal

    The same bench recently dismissed a plea which challenged the permission to exchange Rs 2000 currency notes without any identity proof following the withdrawal of the highest-value currency notes from circulation.
  • Banks’ net interest margin jumps 46 basis points to 3.3 pc in March quarter: Report

    Banks' net interest margin grew 46 basis points to 3.3 per cent in the January-March quarter
  • Housing loans’ share in total advances rose, says RBI report

    Residential housing loans' share on total advances rose to 14.2 per cent in March 2023 from 8.6 per cent in March 2012
  • Govt raises interest rates on select small saving schemes by up to 0.3 per cent

    Government on Friday raised interest rates on select saving schemes by up to 0.3 per cent for the July-September quarter
  • Banks to begin reporting on new data warehouse CIMS: RBI Gov

    Shaktikanta Das on Friday said commercial banks will first begin reporting on the central bank's latest next-generation data warehouse
  • India’s Forex reserves drop USD 2.9 billion to USD 593.19 billion

    India's forex reserves dropped USD 2.901 billion to USD 593.198 billion in the week ended June 23
  • Instructions on compromise settlements rationalise regulatory norms: RBI

    RBI on June 8 issued a comprehensive regulatory framework governing compromise settlements and technical write-offs covering all regulated entities
  • Telangana High Court issues contempt notice against RBI

    Justice CV Bhaskar Reddy of the Telangana High Court on Monday issued a contempt notice against the Reserve Bank of India
  • Bank unions oppose RBI’s decision to allow compromise settlement for wilful defaulters

    Bank unions AIBOC and AIBEA have opposed the Reserve Bank's move to allow lenders to settle loans of wilful defaulters
  • Fuel, jewellery, grocery top 3 preferred items for people offloading Rs 2,000 notes: Survey

    The pan-India survey also found out that a whopping 55 per cent of people are planning to deposit their currency notes at the bank
  • RBI to levy penalties on banks that lose property papers of borrowers

    This could soon become a possibility if the RBI accepts the recommendations of a high level committee, which it had formed in May last year to review customer service standards in banks and other lending institutions.
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