Search For "reserve bank of india"
RBI cautions against unauthorised digital lending platforms, mobil
Updated : 2 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Dec 23 (ANI): The Reserve Bank of India (RBI) on Wednesday cautioned individuals and small businesses against falling prey to growing number of unauthorised digital lending platforms and mobile apps on promises of getting loans in quick and hassle-free manner.
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Neutral-to-positive impact of RBI's draft circular on govt-owned N
Updated : 2 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], December 23 (ANI): The Reserve Bank of India's (RBI's) recent draft circular on declaration of dividends by non-banking financial companies (NBFCs) will have a neutral-to-positive impact on government-owned NBFCs, India Ratings and Research (Ind-Ra) said on Wedn
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SC notice on RBI's plea to transfer petitions against LVS-DBS merg
Updated : 2 months, 2 weeks ago IST
New Delhi [India], December 22 (ANI): The Supreme Court has issued a notice on the Reserve Bank of India's plea seeking to transfer all cases related to the merger of Lakshmi Vilas Bank (LVB) with DBS Bank India pending before various High Courts to one location.
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RBI announces OMO purchase of state government securities on Dec 2
Updated : 2 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], December 18 (ANI): The Reserve Bank of India (RBI) has decided to conduct another purchase auction of state developments loans (SDLs) under open market operations (OMOs) for an aggregate amount of Rs 10,000 crore on December 23.
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RBI governor asserts financial inclusion poised to grow in India w
Updated : 2 months, 3 weeks ago IST
New Delhi [India], December 16 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said financial inclusion in the country is poised to grow exponentially with digital-savvy millennials joining the workforce, social media blurring the urban-rural divide and technology sh
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24X7 RTGS transaction facility to start from tomorrow: RBI
Updated : 2 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], December 13 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday said Real Time Gross Settlement (RTGS) facility in the country will become operational from 12.30 am on Monday (December 14).
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Funding environment conducive for recovery, currency to change str
Updated : 2 months, 4 weeks ago IST
Mumbai (Maharashtra) [India], December 9 (ANI): India Ratings and Research (Ind-Ra) expects interest rates to stabilise at the current level and Indian currency to undergo structural changes in the coming months.
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More policy interest rate cuts to come: Fitch Solutions
Updated : 3 months ago IST
Singapore, December 8 (ANI): Fitch Solutions has maintained that the Reserve Bank of India (RBI) will lower its policy repurchase (repo) rate by another 50 basis points by the end of FY22 (April 2021 to March 2022) with forecasts specifically looking at 25 basis points at the last FY21 polic
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HDFC Bank's multiple digital outages are credit negative: Moody's
Updated : 3 months ago IST
Singapore, December 7 (ANI): Moody's Investors Service said on Monday that HDFC Bank's multiple outages in its internet banking, mobile banking and payment utility services over the past two years are credit negative.
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Sensex breaches 45,000 mark as RBI keeps repo rate unchanged
Updated : 3 months ago IST
Mumbai (Maharashtra) [India], Dec 4 (ANI): Equity benchmark indices closed 1 per cent higher on Friday as the Reserve Bank of India (RBI) kept key interest rates unchanged and upped its growth forecast to minus 7.5 per cent during FY21 from minus 9.5 per cent in the October review.
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RBI projects 6.8 pc retail inflation in Q3 due to supply-side bott
Updated : 3 months ago IST
Mumbai (Maharashtra) [India], December 4 (ANI): Retail inflation is likely to remain elevated with the Reserve Bank of India on Friday pegging it at 6.8 per cent in the third quarter (October to December) of current fiscal year (2020-21).
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Economy to contract at 7.5 pc for FY21 due to COVID-19 impact: RBI
Updated : 3 months ago IST
Mumbai (Maharashtra) [India], December 4 (ANI): The Reserve Bank of India (RBI) on Friday revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5 per cent compared to its earlier forecast of minus 9.5 per cent.
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