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"reserve-bank-of-india-rbi"

  • 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).
  • 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'.
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