Search For "rb"
Loan sanctioning goes digital, but recovery still needs 'Feet on the Stree
Updated : 1 year, 6 months ago IST
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
Read More
India's foreign exchange reserve touches fresh high of USD 681.7 billion
Updated : 1 year, 6 months ago IST
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
Read More
Fall in Q1 GDP numbers is because of elections code and restricted govt ex
Updated : 1 year, 6 months ago IST
After the release of the first quarter GDP numbers, RBI Governor Shaktikanta Das on Saturday stated that India's growth story is intact. The governor was speaking at the National CA Conference in Bhubaneswar, Odisha.
Read More
With 6.7 pc GDP growth in Q1 FY25, SBI says full-year growth should be rev
Updated : 1 year, 6 months ago IST
According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth for the first quarter (Q1) of the financial year 2024-25 (FY25) is still higher than the average decadal growth of 6.4 per cent for Q1.
Read More
Indian economy grew 6.7% in April-June quarter, lower than RBI's 7.1% fore
Updated : 1 year, 6 months ago IST
The Indian economy grew by 6.7 per cent in the April-June quarter of the current financial year 2024-25, Ministry of Statistics and Programme Implementation's official data showed on Friday.
Read More
Banking liquidity has declined to Rs 0.95 lakh cr from a peak of Rs 2.86 l
Updated : 1 year, 6 months ago IST
Liquidity in the Indian banking system has seen a significant decline this month says a research report by the Union Bank of India. It says the banking liquidity has fallen to Rs 0.95 lakh crore as on 28th August from a peak of Rs 2.86 lakh crore.
Read More
At the onset of GDP data, Equirus says India's economic landscape remains
Updated : 1 year, 6 months ago IST
As the Indian government prepares to release its GDP data for the first quarter (April-June) of FY 2024-25 on Friday, the expectations are mixed amid various economic factors.
Read More
Instant Cash Flow Solutions: How Digital Lenders Provide Lightning-Fast In
Updated : 1 year, 6 months ago IST
New Delhi [India], August 29: Are you in need of immediate funds and want to bypass the time-consuming process of documentation, verification, signing agreements, etc.? Then, opting for a instant personal loan is your best option. This process of providing instant monetary aid to needy peopl
Read More
Paytm's regulatory progress highlight easing of regulatory overhang, showc
Updated : 1 year, 6 months ago IST
Global brokerages such as Citi, UBS, and Ventura Securities noted in their research reports that the approval removes regulatory overhangs and positions the company for a strong recovery as it enters its next phase. Further, these firms added that the development puts the company back on its
Read More
Anand Rathi anticipates Q1 FY25 GDP growth at 7 pc, a little lower than RB
Updated : 1 year, 6 months ago IST
The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced government spending ahead of the elections, which is likely to dampen growth in some service sectors, financial, real estate, and professional services are expected to have performed well.
Read More
RBI Governor bats for self-regulation of Fintech sector
Updated : 1 year, 6 months ago IST
The preferred approach for prudent regulation of the ever-growing fintech sector should be self-regulation, Reserve Bank of India (RBI) Governor Shaktikanta Das said.
Read More
TRAI leads joint committee of regulators to strengthen measures against sp
Updated : 1 year, 6 months ago IST
Attendees included members of the JCoR from IRDAI, PFRDA, RBI, SEBI, MoCA, MeitY, and TRAI, with representatives from DoT and MHA participating as special guests. The JCoR functions as a collaborative platform to assess regulatory implications in the digital era and work together on regulato
Read More