Banking
The market is assured that liquidity will be there: RBI Governor Shaktikanta Das
The markets need to work with RBI to corroborate the “orderly evolution of the yield curve,” RBI governor Shaktikanta Das…
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RBI
Banking
Banking
RBI: ₹1,000 withdrawal cap on Deccan Urban Co-op Bank for 6 months
Karnataka-based Deccan Urban Co-operative Bank Ltd has been barred by the RBI for granting new loans or accepting deposits. The…
Finance
RBI orders officials to prevent leaks and avoid unofficial meetings with press
The Reserve Bank of India (RBI) has prevented their officials who are attending official or unofficial meetings to speak to…
Economy
RBI Monetary Policy: Highlights of RBI Monetary Policy
Reserve Bank of India’s Monetary Policy Committee(MPC) today voted upon various decisions in its first post budget meet. Here are…
Economy
RBI Monetary policy LIVE: RBI Governor keeps Repo rate unchanged at 4%
The Reserve Bank of India’s six-member monetary policy committee was headed by Governor Shaktikanta Das today. He announced the outcome…
Banking
RBI appoints external auditor for special review of HDFC Bank’s IT infra
The Reserve Bank of India (RBI) has designated an external expert IT firm to do a special audit of HDFC…
Finance
Sovereign gold bond issue price fixed at ₹4,912 per gram by RBI
The sovereign gold bond issue price has been fixed at ₹4,912 per gram by the Reserve Bank of India. Subscription…
India
Budget 2021: Government may raise inflation target to 5%
The Central Government is considering raising the inflation target to 5 percent from the current 4 percent, which may give…
Economy
Overseas investment in Indian companies falls 42% to $1.45 billion in December: RBI data
Overseas Investment by Indian firms dropped down by over 42 percent to $1.45 billion in December 2020, according to Reserve…
Banking
Deutsche Bank faces Rs 2 crore penalty from RBI
Reserve bank of India (RBI) on 12th January imposed Rs 2 crore penalty on Deutsche Bank AG for non-compliance with…
Banking
SBI to implement positive pay system w.e.f 1 January 2021
SBI will implement the positive pay system for cheques from January 1 next year. In this for additional security, the…
Economy
India’s Foreign Reserves up by $2.563: RBI data
According to the RBI data, India’s foreign exchange reserves rose by $2.563 billion to touch a record high of $581.131…