Search For "rbi"
Global spillovers, financial market, general risks increased, while macroe
Updated : 3 years, 2 months ago IST
The survey also showed respondents' confidence in the Indian financial system further improved with 93.6 per cent of them remaining fairly or highly confident of the stability of the Indian financial system. The 23rd round of the RBI's Systemic Risk Survey was conducted in November 2022 to s
Read More
India's forex reserves decline by USD 691 million for week ending Dec 23
Updated : 3 years, 2 months ago IST
India's foreign exchange reserves fell by USD 691 million to USD 562.808 billion in the week that ended on December 23, Reserve Bank of India's Bulletin Weekly Statistical Supplement latest data showed.
Read More
Overseas financial assets of Indian residents declined by USD 43.9 bn duri
Updated : 3 years, 2 months ago IST
According to the report, net claims of non-residents on India increased by USD 34.3 billion during second quarter (Q2) of 2022-23 and stood at USD 389.6 billion in September 2022.
Read More
Indian economy facing strong global headwinds but strong fundamentals lend
Updated : 3 years, 2 months ago IST
The Indian economy is confronting strong global headwinds but sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and financial system stability, said RBI in its Financial Stability Report on Thursday.
Read More
India's current account deficit widens in July-September quarter: RBI data
Updated : 3 years, 2 months ago IST
India's current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of GDP) in Q2 of 2022-23 (July-September), up from USD 18.2 billion (2.2 per cent of GDP)1 in Q1 (April-June), RBI's balance of payments (BoP) data showed on Thursday.
Read More
RBI imposes penalty on Mynd Solutions over non-compliance of guidelines
Updated : 3 years, 2 months ago IST
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1,390,000 on Mynd Solutions Private Limited (the entity) for not complying with the Guidelines on Trade Receivables Discounting System (TReDS).
Read More
Consolidated balance sheet of scheduled commercial banks registered double
Updated : 3 years, 3 months ago IST
The consolidated balance sheet of scheduled commercial banks (SCBs) has registered double-digit growth in 2021-22, after a gap of seven years, said the Reserve Bank of India.
Read More
Private cryptocurrencies have no underlying, it is speculative activity wh
Updated : 3 years, 3 months ago IST
The government believes any legislation for regulation or for banning can be effective only with significant international collaboration on evaluating the risks and benefits and evolution of common taxonomy and standards.
Read More
How is RBI making Digital Lending safer with P2P Platforms?
Updated : 3 years, 3 months ago IST
New Delhi [India], December 24 (ANI/PNN): Peer-to-peer deviates from the typical lending process in which borrowers request loans through conventional financial institutions. Individuals can borrow money from others using a P2P lender via an online marketplace. P2P lending is a relatively ne
Read More
Bajaj Finance increases Fixed Deposit Interest Rates by up to 25 Basis Poi
Updated : 3 years, 3 months ago IST
Pune (Maharashtra) [India], December 23 (ANI/NewsVoir): With effect from December 22, 2022, Bajaj Finance, the lending division of Bajaj Finserv Limited, increased its fixed-rate (FD) rates by up to 25 basis points for terms of 12 to 24 months. The updated Bajaj Finance FD rates will apply t
Read More
Indian stocks settle low for third straight day; Covid concern weighs
Updated : 3 years, 3 months ago IST
Indian stock indices settled lower on Thursday, extending losses for the third straight session over concerns of a possible resurgence of Covid cases in several countries.
Read More
Continued monetary policy tightening necessary: RBI MPC member Shashanka B
Updated : 3 years, 3 months ago IST
Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of India's Monetary Policy Committee member Shashanka Bhide said during the latest policy meeting held this month.
Read More