Tuesday, November 30, 2021

Reserve Bank of India (RBI)

Editorial: Rural unemployment alarming

Though there is a significant rebound in the economic activity following the lifting of pandemic-related restrictions, the expectations of a quick recovery must be...

Opinion: Bad Bank must be a one-time move

By Dr K Srinivasa Rao With the Reserve Bank of India granting licence to National Asset Reconstruction Company Ltd (NARCL), October 4 marks a historic...

‘Telangana to establish separate wing for emerging techs’

Hyderabad: The world is on the threshold of a fourth industrial revolution or digital revolution, and India should be well prepared to make the...

SBI, other banks to set up 98 centres for financial literacy in Telangana  

State Bank of India is partnering in setting up 60 centres in 18 districts where it has the ‘lead bank’ responsibility 

Tapering 2nd wave brightens near-term prospects of economy: RBI

Although a solid increase in aggregate demand may take some time

TSCAB chairman advises DCCBs to diversify business activities

Ravinder Rao said the banks business can be developed only if they diversify their portfolios.

‘India will see faster recovery’

Economist Pinaki Chakraborty says RBI should not print money to finance the fiscal deficit

Banks’ exposure to better-rated large borrowers declining: RBI

There are incipient signs of stress in the micro, small and medium enterprises (MSMEs) and retail segments," said the recently released Financial Stability Report for July 2021.

Rupee rises 12 paise against US dollar in early trade

At the interbank foreign exchange, the rupee opened strong at 72.85 against the dollar and lost some ground to touch 72.87 in early deals, a rise of 12 paise over its previous close.

Amazon discontinues one-month Prime subscription in India

Amazon presently has two membership options - subscribe to the three-month plan, priced at Rs 329, or opt for the annual plan, priced at Rs 999.

Reserve Bank of India allocates portfolios to 4 deputy governors

Consequent to the appointment of Sankar as Deputy Governor, the central bank rejigged the portfolios of deputy governors.

RBI not accumulating reserves, says Commerce Secy

Commerce Secretary Anup Wadhawan said that India's overall forex reserves have been fairly steady, below $500-600 billion, and the country is not accumulating reserves like China.

Centre may revisit bank recapitalization plan for PSBs

The Budget allocated Rs 20,000 crore towards the recapitalization of PSBs to help them consolidate their financial capacity.

Reserve Bank of India to go for status quo: Analysts

Likely impact on growth due to local lockdowns on rising Covid cases will be a key agenda

RBI extends timeline on auto-debit rule till September 30

To comply with its guidelines related to recurring online transactions with Additional Factor of Authentication (AFA).

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