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"reserve-bank-of-india"

  • NBFC-MFIs to charge 7.81% average base rate in April-June

    The average base rate charged during the current quarter is 7.96 per cent.
  • The flawed disinvestment push

    Instead of selling off public sector assets, government should choose expansionary fiscal policy partially financed by monetisation for reviving demand
  • Reserve Bank of India flags major concerns over cryptocurrency

    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
  • Sreeja is India’s No.1 woman TT player

    Sreeja recently won a bronze in the senior Nationals where she lost in the semifinals. She has consistently been performing well in the last few tournaments.
  • Banking on privatisation

    The very purpose of nationalisation in India — serving the unbanked and under-banked — is yet to be achieved and financial inclusion cannot afford the luxury of complete privatisation
  • FinMin seeks applications for Irdai Whole Time Member post

    The applicant should not be below the rank of a Chief General Manager of the Reserve Bank of India or equivalent thereto in other financial institutions or regulatory bodies, it said.
  • Ind-Ra upgrades FY21 credit growth estimates to 6.9%

    Amid the pandemic, the credit offtake in banking system remained muted, which led to lesser issuances of certificates of deposits (CDs).
  • Gold Bond Scheme20-21 to be issued at Rs 4,662/gm

    The issue price of the Bond during the subscription period shall be Rs 4,662 per gram.
  • Current inflation target appropriate for next 5 years: RBI report

    The country adopted the FIT framework in 2016, and the next review of the inflation target is due before March 31, 2021
  • E-commerce policy for jewellery sector by April: GJPEC chairman

    Shah also mentioned that the council along with the government is engaging with stakeholders like Postal services
  • Sreeja targets improved world ranking after historic bronze

    The 22-year-old paddler is elated at the maiden national medal.
  • Thomas Cook India plans to raise up to Rs 450 crore via preferential issue

    The issuance would however be subject to the approval of regulatory or statutory authorities including the Reserve Bank of India
  • Khammam: RBI GM instructs officials to achieve 100pc digitisation of banking services

    Speaking on the occasion, Shankaram informed that Khammam district was selected on a pilot project basis to achieve 100 digitalisation of banking services
  • Exchange of torn currency made easy

    This is because the Reserve Bank of India (RBI) has made it mandatory that every bank should accept soiled, mutilated and any damaged currency note without charging any fee
  • Gearing up to initiate co-lending model for home loans: SBI

    The lender also said it has waived the processing fee till March for borrowers availing home loans for the bank's approved projects
  • ‘Indian rupee remained among better performing Asian currencies in 2020’

    The minister said the government announced a special economic and comprehensive package under AatmaNirbhar Bharat including measures taken by RBI
  • Economic growth will only move upwards: Shaktikanta Das

    The projection is in line with the estimates in the Union Budget 2021-22 presented in Parliament earlier this week.
  • RBI to restore cash reserve ratio in two phases to 4 per cent

    To help banks tide over the disruption caused by COVID-19, the CRR of all banks was reduced by 100 basis points to 3.0 per cent of net demand and time liabilities (NDTL)
  • RBI to look at harmonising regulations for microfinance lenders

    Concerns have been raised about the law, which seeks to "protect and relieve" economically vulnerable groups from usurious interest rates and coercive recovery means
  • RBI projects GDP growth rate of 10.5 per cent for FY’22

    RBI Governor Shaktikanta Das said the growth outlook has improved significantly and the vaccination drive will help the economic rebound.
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