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Latest Articles in Reserve Bank of India RBI

State Bank Of India Expects RBI To Hold Interest Rate

India's retail inflation remained above 7% in October for a second straight month, with vegetable prices at elevated levels. At current levels, inflation is well above the RBI’s medium term target of 4%.

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Lakshmi Vilas Bank Stock Tanks Over 55 Pc In 7 Trading Sessions

The government has placed Lakshmi Vilas Bank (LVB) under one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor.

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Old Bottle. New Whine.

The Reserve Bank of India (RBI) announced few days ago that LVB would remain under moratorium till Dec 16th 2020 and mooted the concept of amalgamation of LVB with DBS Bank (India), it took the market (and potentially punters) by surprise.

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JBM Renewables Signs MoU With Ministry Of Petroleum And Natural Gas

The Reserve Bank of India (RBI) has included CBG in the priority sector lending framework. SATAT, an initiative to boost production and availability of CBG as an alternative and affordable clean fuel for transportation, was launched in October 2018.

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RBI Committee Suggests Allowing Corporates To Take Significant Bank Stakes

The working group committee, which was formed in June to review ownership guidelines and the corporate structure of Indian private sector banks, released its report on Friday.

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RBI Imposes Penalty On Muthoot Finance, Manappuram Finance

The central bank has also imposed a penalty of Rs 5 lakh on Manappuram Finance, Thrissur for non-compliance with directions on verification of ownership of gold jewellery.

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Only 1% Of Crisil-Rated Non-MSME Companies May Opt For One-Time Debt Recast

The number of companies seeking OTDR may increase if sentiment around recovery dampens or COVID-19 afflictions keep increasing, leading to fresh curbs on economic activity

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Reliance To Invest USD 50 Mn In Bill Gates' Breakthrough Energy Ventures

BEV, the filing said, seeks to find solutions to the climate crisis by flexibly investing to develop breakthrough energy and agriculture technologies.

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Staying Safe In Crypto: Keeping Your Digital Assets Secure And Protected

India has experienced something of a crypto boom, with a surge of interest and investments from major global players, paving the way for the nation’s burgeoning crypto landscape.

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India Central Bank Exploring Investment Options For Reserves, Sources Say

RBI is likely to increase its gold investments, as well buying dollars and exploring investing in AAA-rated corporate bonds for the first time, said the sources, who declined to be named due to the sensitivity of the issue.

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Data Center To Double By 2023 To About 20 Mn Sq Feet: Colliers Insights

The thrust on Data Centers is led by increasing digitization, and growing adoption of cloud and IoT devices says the report by Colliers

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Indian Economy Set For A Near Double-Digit Contraction This FY

Asia's third-largest economy was predicted to shrink 9.8%, more than the RBI's latest 9.5% projection, and 26 of 55 economists saw a contraction of 10% or more for the year.

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Industry Leaders Hail RBI Moves To Ease Liquidity Conditions

Sanjay Kumar, CEO and Managing Director at Elior India, said the RBI has probably now reached as far as it could in terms of accommodating the inflationary environment.

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LVB gets an indicative non-binding offer from Clix Group

LVB gets an indicative non-binding offer from Clix Group

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Economic Recovery Key To Limiting Indian Banks' Loan Losses: Fitch

Banks have been permitted by the Reserve Bank of India (RBI) to undertake a one-time restructuring exercise of loans affected by the Covid-19 pandemic which will provide relief in terms of bad loan recognition and provisioning.

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