Thursday, January 20, 2022

Reserve Bank of India (RBI)

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).

HDFC Bank admits net banking glitches

This is not for the first time that the customers of the bank have faced service outage.

RBI likely to maintain status quo at its next monetary policy review: Experts

The policy repo rate or the short-term lending is currently at 4 per cent, and the reverse repo rate is 3.35 per cent.

India will have heterogeneous banking sector with four types of banks: Das

"The licensing policies for universal banks, small finance banks (SFBs) and payments banks are a step in this direction," Shaktikanta Das said.

Will not interfere with policy decision: SC on moratorium extension

The apex court refused to interfere with the Centre's and the RBI's decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.

Bank credit grows by 6.63pc, deposits by 12.06pc

In the fortnight ended February 28, 2020, bank credit stood at Rs 101.05 lakh crore and deposits at Rs 133.26 lakh crore, released by RBI showed.

RBI concerned over impact of cryptocurrency: Das

While Das did not elaborate further, the central bank had in the past expressed concerns on digital currencies being used for money laundering and terror funding.

Piramal gets RBI nod for DHFL acquisition

Now, the proposed takeover requires the approval of the National Company Law Tribunal.

WPI inflation rises to 2.03 per cent in January

The WPI inflation was 1.22 per cent in December, 2020 and 3.52 per cent in January last year. While food articles saw softening in inflation

RBI forms expert panel for Urban Co-operative Banks

The eight-member panel will take stock of the regulatory measures taken by the Reserve Bank and other authorities

Rupee rises 3 paise to 72.93 against US dollar in early trade

The Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance

Rupee opens on flat note against US dollar in early trade

Analysts said that traders remained cautious ahead of Reserve Bank of India (RBI) monetary policy outcome to be announced on Friday.

RBI to do annual assessment of banks’ grievances redressal system

The intensive review will include -- adequacy of the customer service and customer grievances redressal-related policies

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'.

Curb digital dacoity

The instant loan app menace underscores the need for a robust data security mechanism

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