"reserve-bank-of-india"

The stock markets are mainly driven by money supply and foreign portfolio investor (FPI) investments, the apex bank said.

The Tanstia in the letter requested the chief minster to lift the ban on two wheeler travel so that the workers will be in a position to reach to the units.

It may be mentioned that a similar technical upgrade for RTGS was completed on April 18, 2021.

It is up to the Centre now to complement RBI’s efforts to revive the economy with appropriate policy interventions

Signals from a few sectors and other economies keep the hope of an economic rebound afloat amidst a grim situation

However, non-deposit taking NBFCs with asset size below Rs 1,000 crore have the option to continue with their extant procedure.

Rising unemployment and plunging demand have once again turned the spotlight on the gloomy urban economy

Chakraborty, a 1985 batch IAS officer of Gujarat cadre, retired as Secretary of Department of Economic Affairs in April 2020

In the week ended April 16, 2021, the increase in reserves was mainly due to a rise in foreign currency assets (FCAs), a major component of the overall reserves

The RBI's decision to increase the balance limit is an endorsement of the role Payments Banks have in furthering financial and digital inclusion in India.

In the previous week ended April 2, the reserves had dipped by $2.42 billion to $576.28 billion

Banks need to respond to the ferocity of impending competitive headwinds from NBFCs, including fintech companies

Keeping inflation at the epicentre of monetary policy is an assurance that it will not be allowed to go awry

Reserve Bank of India (RBI) has kept the key repo rate unchanged at 4 per cent to support growth in the current situation.

Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat.

The central bank kept the benchmark repurchase rate unchanged at 4 per cent and maintained accommodative policy stance to support growth.

RBI had directed all banks including RRBs, NBFCs, and payment gateways to comply with AFA for automatic recurring payment by March 31, 2021.

The average base rate charged during the current quarter is 7.96 per cent.

Instead of selling off public sector assets, government should choose expansionary fiscal policy partially financed by monetisation for reviving demand

Both RBI and government are committed to financial stability. We have flagged certain concerns around cryptocurrencies which are being traded in the market. We have flagged certain major concerns to the government