[ad_1] The Reserve Bank of India on Thursday said it has cancelled the licence of Solapur (Maharashtra) based The Laxmi Co-operative Bank Limited as the lender does not have adequate […]
Tag: RBI
RBI removes Central Bank of India from prompt corrective action list
[ad_1] The Reserve Bank on Tuesday said Central Bank of India has been removed from the Prompt Corrective Action Framework (PCAF) watchlist following improvement in various parameters and a written […]
RBI deputy governor pitches for data law to protect customers’ privacy
[ad_1] Reserve Bank of India (RBI) deputy governor T Rabi Sankar on Monday pressed for a law to protect customers’ privacy to ensure that monetisation of customer data is done […]
Banks, markets strong enough to withstand extreme volatility: RBI Governor
[ad_1] Reserve Bank Governor Shaktikanta Das on Monday said despite the latest headwinds arising from the Jackson Hole summit leading to extreme volatility, our banking system and financial markets are […]
RBI mulls setting up of fraud registry to check banking frauds
[ad_1] As part of its efforts to strengthen customer protection, the Reserve Bank of India is considering setting up a fraud registry to create a database of fraudulent websites, phones […]
Number Theory: Should India privatise its public sector banks?
[ad_1] Privatisation of public sector banks (PSBs) in India is an issue which has generated polarised responses since the beginning of economic reforms. The debate has gained fresh momentum over […]
RBI lifts curbs on American Express, bank can now issue cards to customers
[ad_1] The Reserve Bank of India (RBI) on Wednesday lifted restrictions imposed on American Express Banking Corp, allowing the US-based entity to now issue cards to new customers in India […]
RBI’s new guidelines for credit cards, debit cards: Steps to tokenise your card data
[ad_1] The Reserve Bank of India (RBI), in June, extended till September 30 the deadline to replace the credit card and debit card data used in online, point-of-sale, and in-app […]
‘Views of authors’: RBI clarifies on article on privatisation of public banks
[ad_1] The Reserve Bank of India on Friday issued a clarification on its article by financial experts on privatisation of public sector banks wherein they had urged the Narendra Modi […]
India to be fastest growing economy in the world this year: Govt source
[ad_1] While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and higher industrial output. Rising inflation […]
India forex reserves 4th largest globally, says RBI governor
[ad_1] RBI governor Shaktikanta Das announced hike in repo rates for third time in a row. India’s forex reserves are the fourth largest globally, RBI governor Shaktikanta Das said on […]
RBI set to hike policy repo rate tomorrow; your home loan EMIs may go up
[ad_1] The Reserve Bank of India (RBI) is likely to increase the policy repo rate by 25 to 50 basis points on Friday, the third hike since April – the […]
Will India face Sri Lanka, Pakistan-like economic crisis? Raghuram Rajan’s reply
[ad_1] Former Reserve Bank of India (RBI) governor Raghuram Rajan on Saturday said the central bank has done a good job in increasing the foreign exchange reserves and the country […]
Indian economy has shown resilience amid global recession fears, says RBI
[ad_1] The Indian economy has shown resilience amid fears of recession and war across the global landscape, the RBI (Reserve Bank of India) said on Saturday. Counting monsoon revival, pick-up […]
Retail inflation eases in June to 7.01%, but still above RBI’s upper limit
[ad_1] Food price index leapt 7.75% in June on the back of a global spiral in commodity prices, slightly lower than 7.97% in May India’s retail inflation marginally eased for […]
Cryptocurrencies are a clear danger says RBI Governor Shaktikanta Das
[ad_1] Reserve Bank of India Governor Shaktikanta Das on Thursday described cryptocurrencies as “clear danger” and said that anything that derives value based on make-believe, without any underlying, is just […]
Banks in India will remain closed for 14 days in July. Details here
[ad_1] The Reserve Bank of India (RBI) places bank holidays under three categories – holidays under the Negotiable Instruments Act, under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday, […]
Retail inflation declines to 7.04% in May, still above RBI’s upper limit of 6%
[ad_1] NEW DELHI: India’s retail inflation declined moderately to 7.04% in May from a year ago, compared to an eight-year high of 7.8% in April, helped by a favourable base […]
Number Theory: Need for caution in reading RBI’s Consumer Confidence Numbers
[ad_1] The Consumer Confidence Survey (CCS) is one of the most keenly watched forwarding looking surveys conducted by the Reserve Bank of India. The CCS, conducted every two months in […]
RBI hikes policy rate to 4.9%
[ad_1] New Delhi: Loans, including retail loans and mortgages, will get costlier with the Reserve Bank of India’s Monetary Policy Committee (MPC) announcing a 50 basis point – one basis […]
