Latest Articles in rbi
Finmin Gets Nearly 100 Applications For Post Of RBI Deputy Governor
Persons with at least 25 years of work experience in an Indian or international public financial institution could also apply for the post.
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RBI Allows Payment Of All Recurring Bills Through BBPS
Currently, the facility of payment of recurring bills through BBPS is available only in five segments -- direct to home (DTH), electricity, gas, telecom and water.
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SBI To Move RBI To Offer Fixed-Floating Rate Home-loans: Chairman
Floating rate loans are re-set as when the interest rates fall or rise, but fixed rate loans are reset in 9-12 months.
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RBI Likely To Go For Further Policy Easing In Oct 4 Meet
India's industrial production growth slowed to 4.3 per cent in July, dragged mainly by manufacturing sector's poor show.
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RBI Increases Banks' Loan Exposure Limit To Single NBFC
"It has been decided that a bank's exposure to a single NBFC (excluding gold loan companies) will be restricted to 20 per cent of that bank's eligible capital base," the central bank said in a circular.
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Market Opens On Positive Note
In the previous session, the BSE barometer settled 166.54 points, or 0.45 per cent, lower at 37,104.28, while the broader NSE Nifty fell 52.90 points, or 0.48 per cent, to close at 10,982.80.
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Govt To Release Norms For Foreign Exchange Loans To Exporters At Affordable Rates
The programme will make foreign exchange credit available to exporters at competitive rates, said Commerce Minister Piyush Goyal.
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RBI Mandate On Floating Rate Benchmark Rates Is Credit Negative For Banks: Moody's
This is credit negative for India's banks as it will limit their flexibility in managing interest rate risk, Moody's said in a statement.
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RBI Panel For Standard Format Of Documents To Promote Home Loan Securitisation Market
PTCs issued in mortgaged-backed securitisation should be mandatorily listed if the securitisation pool is larger than Rs 500 crore.
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India August Inflation Likely Rose, But Rate Cuts Still On Cards: Report
The expected rise in inflation comes despite the price of oil, India’s biggest import, falling by more than 7 per cent.
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RBI Makes Mandatory For Banks To Link Retail Loans With External Benchmarks
The decision of the RBI assumes significance amid clamour for reducing borrowing cost to push consumer demand, which is one of the major reasons for slowdown in the economy.
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RBI's Task Force Recommends Moves To Ease Credit Markets
These moves are aimed at developing India’s credit markets and come at a time when the country is facing a liquidity crisis among its shadow banks after the collapse of IL&FS, one of the biggest shadow banks, last year.
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Fitch Solutions Says India GDP Growth To Rebound At Slower Pace
India's real GDP growth slumped in Q1 of FY2019-20 (April-March) to 5 pc year-on-year, from 5.8 pc in Q4 (January-March) FY2018-19.
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RBI Asks Banks To Extend PoS Cash Withdrawal Facility
The RBI has reiterated the instructions with a view to provide for cash withdrawals at PoS by card-holders.
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Windfall From RBI To Give Government Ammunition To Fight Slowdown, Boost Capex
This comes at a time when the economic growth rate has slumped to a five-year low after accelerating in the first few years of Modi 1.0 regime.
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