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RBI's special audit over, IIFL Finance appoints team to implement correcti
Updated : 1 year, 9 months ago IST
IIFL Finance, which caught the eyes of the Reserve Bank of India (RBI) for the significant irregularities in its gold loan portfolio, said it has taken necessary measures to address the identified concerns and prevent their recurrence.
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Reserve Bank of India wins risk manager of the year award 2024
Updated : 1 year, 9 months ago IST
This accolade recognizes RBI's exemplary strides in enhancing its risk culture and awareness, affirming its pivotal role in safeguarding the stability of the Indian financial system.
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India's foreign exchange reserves touch fresh highs at USD 655.8 billion
Updated : 1 year, 9 months ago IST
India's foreign exchange reserves jumped USD 4.307 billion to touch a new lifetime high of USD 655.817 billion during the week that ended June 7, official data from the Reserve Bank of India (RBI) showed.
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TRAI meets RBI, SEBI, IRDAI, and telecom operators to tackle spam calls, e
Updated : 1 year, 9 months ago IST
According to a press release, the meeting focused on several critical issues aimed at enhancing consumer protection and operational efficiency within the telecommunications sector.
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CII expects India's GDP at 8%; says Inflation to remain closer to RBI's 4%
Updated : 1 year, 9 months ago IST
The Confederation of Indian Industry (CII) anticipates that India's GDP will grow by 8 per cent in 2024 during an event in Delhi on Thursday focused on the country's Economic Growth Outlook.
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Repo Rate Unchanged at 6.5 per cent: How Real Estate Developers Reacted
Updated : 1 year, 9 months ago IST
Delhi-NCR [India], June 10: For the eighth consecutive time, the RBI has decided to keep the repo rate unchanged at 6.5%. This decision, combined with optimistic GDP growth projections, massive infrastructural development, an increased pace of project launches, and robust demand, is expected
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Anticipate repo rate cut only in late 2024: SBI Capital Markets
Updated : 1 year, 9 months ago IST
SBI Capital Markets anticipated the interest rate cut in the late calendar year of 2024, adding that the Reserve Bank of India (RBI) is now focusing on local disinflation and growth while monitoring global trends.
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Steady repo rate supports affordability, confidence in housing market: Ana
Updated : 1 year, 9 months ago IST
The Reserve Bank of India's (RBI) decision to keep the repo rate unchanged again is a boon for the Indian real estate sector, said real estate consultancy firm Anarock.
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Financial stability challenges need to be discussed, IMF MD echoed RBI's D
Updated : 1 year, 9 months ago IST
Georgieva, while welcoming the participants of the 23rd annual conference, invoked the need to supervise the dynamic financial sector. "Changes are being driven by many factors--from economic developments to geopolitics to climate--and by the force of ever-accelerating technological advancem
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How Forex Trading in India Can Land You in prison - CyberLaw Expert Advoca
Updated : 1 year, 9 months ago IST
New Delhi [India], June 8: Forex trading has become a well-liked investment option in India in recent years, drawing those looking for chances to diversify and grow their money. Increased engagement in the Forex market can be attributed to the attraction of potentially large returns as well
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Asia's economic boom: India's 7.2 pc growth projection sets pace in outper
Updated : 1 year, 9 months ago IST
This optimistic outlook aligns with the Reserve Bank of India's (RBI) latest monetary policy report, which predicts a robust growth rate of 7.2 per cent for India in the fiscal year 2025.
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Expect repo rate cut only in October RBI policy meeting: SBI Research
Updated : 1 year, 9 months ago IST
The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the rate of interest at which the RBI lends to other banks.
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