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Latest Articles in rbi

Lending Start Ups Facing Challenges Due To COVID-19

From delayed payments to delayed collections, lending StartUps are facing a chaotic situation

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Reforms In Banking Sector To Remain Priority: Sitharaman

The Finance Minister said governance reforms will be carried out to make PSBs more competitive, transparent and professional, thereby ensure a robust banking system.

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Solving The Issues Of Macro Environment: Krishna Kumar Karwa, MD, Emkay Global Financial Services

The government’s capacity to spend more is seriously dented by its already high borrowing programme and likely fiscal slippages.

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Moneytap Secures Rs 500 Crore, Raises Series B For Growth

MoneyTap is India’s app-based consumer credit line, giving customers access to credit on tap.

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Housing To Provide Traction

The residential sector will shine in 2020. Additionally, segments like rental housing, group housing, ready-to-move-in units will attract more customers.

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RBI May Put Rate Cuts On Extended Pause After Spike In Inflation

Economists said the MPC may watch for a possible reversal in food prices to see how inflation pans out in coming months.

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India Appoints Michael Patra As RBI Deputy Governor

He will fill a vacancy left by former deputy governor Viral Acharya, who resigned last June, six months before the scheduled end of his term in office.

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RBI Buys Net $6.93 Billion In Currency Market In November: Bulletin

The RBI bought $7.46 billion and sold $530 million in the market in November, it said in the bulletin which was released on Saturday.

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Indian Government To Seek RBI Dividend Lifeline Amid Revenue Shortfall

The Reserve Bank of India (RBI) approved a 1.76 trillion rupees ($24.8 billion) dividend payment to the federal government, including 1.48 trillion rupees for the current fiscal year.

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High Onion Prices Figured Prominently In RBI MPC Meeting, Minutes Show

The six-member MPC had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing inflation.

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NEFT Transaction Facility Available 24x7, Says RBI

Prior to this, people could transfer money online between 8 am and 6:30 pm on the days when banks were open.

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RBI Governor Reiterates There Is More Scope To Cut Rates

He said markets were surprised when the committee started cutting rates in February but subsequently accepted that it was right in doing so.

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RBI Saw Slowdown, Acted Ahead Of Time By Cutting Interest Rates From Feb: Das

In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.

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PMC Bank Depositors Detained While Protesting Outside CM Thackeray's House

The depositors also held protests outside Reserve Bank of India (RBI)'s office in Mumbai, where people especially women were heard sloganeering-

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Reserve Bank Of India February Rate Cut On Knife's Edge: Polls

With economic growth at its weakest in over six years, 49 per cent of economists, 33 of 67, in a snap poll taken after the Monetary Policy Committee's decision.

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