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"rbi"

  • Govt to work with RBI for execution of bank privatisation plan: Sitharaman

    "The details are being worked out. I have made the announcement but we are working together with the RBI," she said, when asked about the proposal.
  • Cyberabad Police chalk out blueprint to check instant loan frauds

    Cyberabad CP Sajjanar and officers of Hyderabad, Cyberabad and Rachakonda police commissionerates dealing with the instant loan app frauds held a coordination meeting with the RBI-appointed officials on Friday.
  • ‘RBI internal panel working on model of central bank’s digital currency’

    The government last week moved to ban private cryptocurrencies.
  • RBI projects GDP growth rate of 10.5 per cent for FY’22

    RBI Governor Shaktikanta Das said the growth outlook has improved significantly and the vaccination drive will help the economic rebound.
  • Equity benchmarks spike to new highs ahead of RBI policy decision

    SBI, Kotak Bank, IndusInd Bank, HDFC, ONGC and Axis Bank were top gainers in the Sensex pack.
  • RBI appoints external IT firm for special audit of HDFC Bank’s IT infra

    The development follows recent outage in the bank's internet banking and payment system on November 21, 2020 due to a power failure in the primary data centre.  
  • ICICI Bank’s Q3 net profit increases 17 per cent to Rs 5,498 crore

    On a standalone basis, the country's second largest private sector lender by assets showed a 19.12 per cent rise in the post-tax profit at Rs 4,939.59 crore for the reporting quarter
  • Air of optimism

    While one can take comfort in IMF’s praise for India’s “very decisive” steps to deal with the pandemic, several challenges need to be overcome
  • SBI asset quality remains healthy: Chairman Khara

    He, however, did not share details on the Covid-related loan restructuring for SBI citing the silent period ahead of the results.
  • Cryptocurrency industry hopeful as RBI mulls over digital currency

    The RBI made the remarks in a booklet titled "Payment and Settlement Systems in India" released this week.
  • Bank of Baroda Q3 profit rises to Rs 1,159 cr for the third quarter

    Total income of the bank fell to Rs 22,070.52 crore during October-December period of 2020-21 from Rs 23,134.67 crore in the year-ago quarter, Bank of Baroda said in a regulatory filing.
  • India within striking distance of attaining positive growth: RBI

    The economy contracted by a massive 23.9 per cent in the first quarter and 7.5 per cent in the second quarter on account of the COVID-19 pandemic.
  • Pensions likely to co-op bank staff: NAFSCOB chief

    Pension scheme for cooperative bank staff, assures NAFSCOB chief
  • Finance Ministry evaluating PSB recapitalisation avenues

    Setting up a BIC as a holding company or a core investment company was suggested by the P J Nayak Committee in its report on 'Governance of Boards of Banks in India'.
  • RBI sets up Working Group to study all aspects of digital lending activities

    There have been reports about individuals/small businesses falling prey to the growing number of unauthorised digital lending platforms/Mobile Apps
  • Pandemic threatens to result in balance sheet impairments: RBI Guv

    RBI Governor asked banks to exploit the current conditions to augment capital and also alter their business models, which will help in the future
  • RBI raises concerns over zero-coupon bond

    As these are non-interest bearing and issued at par to a bank, it would be an investment, without any return
  • Currency in circulation rises Rs 3.23 lakh cr in first nine months of FY21

    CiC grew by Rs 3,23,003 crore, or 13.2 per cent, to Rs 27,70,315 crore as on January 1, 2021 from Rs 24,47,312 crore as on March 31, 2020, according to recent data released by the Reserve Bank of India (RBI)
  • Solving the bad loan problem

    Creation of actuarial credit risk reserve instead of a bad bank is a more feasible option
  • Refunding cancelled transactions, CCPA seeks RBI intervention

    CCPA Chief Commissioner Nidhi Khare stated that 2,850 complaints pertaining to "transactions failed/cancelled but money not refunded" forming 20 per cent of grievances registered in the banking sector
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