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"rbi"

  • India can sustain 8 pc growth, even higher: RBI bulletin

    The authors further said technology is offering new growth opportunities to seize by becoming more competitive and efficient.
  • Indi’s forex kitty jumps USD 6.55 bn to USD 625.63 bn

    For the week ended March 1, the foreign currency assets, a major component of the reserves, increased by USD 6.043 billion to USD 554.231 billion, the data said.
  • Telangana’s annual debt surpasses budget estimates

    Telangana's annual debt has exceeded its budget estimates by a wide margin for the first time in recent years, standing at Rs 40,852.51 crore as of January this fiscal year as against the budget estimation of Rs 38,234.94 crore for the entire financial year
  • Paytm founder Sharma acknowledges crucial role of regulatory engagement

    While speaking at an event in Japan, Sharma said that ambiguity brings stress to the business.
  • RBI bars JM Financial Products from lending against shares, bonds

    The company shall, however, continue to service its existing loan accounts through the usual collection and recovery process.
  • Higher-than-expected GDP may lead to tight monetary policy from RBI for a longer period

    The second advance estimates of GDP for FY24 released by the National Statistics Office (NSO) has indeed sprung a major surprise in the markets.
  • Ishan Kishan makes an unremarkable return to competitive cricket in DY Patil T20 Cup

    On his return, Kishan played a part in one dismissal as he stumped Sumit Dhekale off Sayan Mondal at the DY Patil University Ground.
  • RBI fines SBI, Canara Bank for breach of rules

    The RBI in an order dated February 26 slapped a penalty of Rs 2 crore on State Bank of India for contravention of provisions of the Banking Regulation Act and not complying with the Depositor Education Awareness Fund Scheme.
  • Paytm’s advisory panel chief says yet to delve deep to identify any issue with firm

    Paytm on February 9 announced setting up of a group advisory committee headed by Damodaran.
  • RBI announces more steps for Paytm UPI customers

    According to the central bank's notification, National Payments Corporation of India (NPCI) has been asked to examine the use of UPI channel to allow Paytm to continue operations.
  • RBI asks NPCI to help continue operations of Paytm app

    The central bank has barred Paytm Payments Bank from accepting further credits into its customer accounts and wallets after March 15, 2024.
  • Paytm tentative timeline to restart loan sanctioning ends on Feb 14

    The central bank, on January 31, directed it to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments after February 29.
  • Government confirms no investigation or systemic stability concerns: Paytm

    In a further boost to Paytm's position, Revenue Secretary Sanjay Malhotra emphasised the absence of any current law enforcement and ED actions against Paytm, echoing the company's denials of any ongoing investigations into its operations or alleged money laundering activities.
  • HDFC gets RBI nod to acquire 9.5pc stake in IndusInd Bank

    The approval also stipulates that if the "aggregate holding" of HDFC Bank falls below 5 per cent, prior approval of the RBI will be required to increase it to 5 per cent or more of the paid-up share capital or voting rights.
  • Editorial: Temper expectations

    Though IMF projects a positive picture of India's economic future, growing unemployment, inflation are big concerns
  • 97.5% of Rs 2,000 banknotes returned: RBI

    97.50 per cent of the Rs 2,000 banknotes that were in circulation as on May 19, 2023, when the withdrawal was announced have been returned, the RBI said on Thursday.
  • India’s growth prospects are very good, says RBI chief

    Despite various shocks and crises, he said the Indian banking sector has seen a remarkable recovery.
  • RBI releases draft framework for self-regulatory organisations of Fintech sector

    The draft framework lays down the characteristics of FinTech self-regulatory organisations, including its functions and governance standards.
  • RBI says Rs 2,000 notes can be exchanged through post offices as well

    In a set of Frequently Asked Questions (FAQs) on its website, the RBI said people can send the notes to any of its 19 issue offices from any post office.
  • Telangana to borrow Rs 13,000 crore from RBI in next three months

    The quantum of market borrowings by the Telangana government for the quarter January-March 2024 from the Reserve Bank of India will run into at least Rs.13,000 crore
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