Search For "rbi"
RBI Governor-headed committee reviews global, domestic economic situation
Updated : 3 years, 4 months ago IST
During the meeting, major developments in the global and domestic economy as well as in various segments of the financial system were reviewed, a statement from RBI said on Tuesday. It also discussed certain inter-regulatory issues.
Read More
Government nominates Vivek Joshi as Director on RBI's central board
Updated : 3 years, 4 months ago IST
Vivek Joshi's nomination has come into effect from November 15, 2022, until further orders.
Read More
RBI imposes penalties on nine cooperative banks for violating compliances
Updated : 3 years, 4 months ago IST
Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The Jamshedpur Urban Cooperative Bank, Krishna Mercantile Co-operative Bank , Renuka Nagarik Sahakari Bank Maryadit, Jila Sahakari Kendriya Bank Maryadit, Osmanabad Janata Sahakari Bank, The Santra
Read More
Retail inflation to track within RBI's target band by March 2023: Morgan S
Updated : 3 years, 4 months ago IST
Morgan Stanley expects India's retail inflation to moderate to 5.4 per cent in 2023-24 and to 4.8 per cent in 2024-25 from 6.6 per cent in the current financial year 2022-23.
Read More
Rapid growth of urbanisation in India not matched by urban infra developme
Updated : 3 years, 4 months ago IST
In the 'Report on Municipal Finances' by the Reserve Bank of India (RBI) released recently, it said while the size of the municipal budgets in India is much smaller than peers in other countries, revenues are dominated by property tax collections and devolution of taxes and grants from upper
Read More
Listing of municipal bonds needed to fund local bodies: RBI report
Updated : 3 years, 4 months ago IST
RBI said in a report for policies to improve the environment for financial investment through sound and efficient regulation, greater transparency, and better governance can help nurture a vibrant municipal bond market. Listing municipal bonds in the stock exchanges can pave the way for deve
Read More
RBI could continue to intervene in forex markets if uncertainty on more ra
Updated : 3 years, 4 months ago IST
In this context, Gaurang Somaiya, forex and bullion analyst, MOFSL, said, "The central bank has accumulated these reserves to be utilised in these kinds of situations," and added that investors are on the edge at this point as there are a lot of moving parts which are impacting the market.
Read More
Customer protection lies at core of microfinance regulation, says RBI Depu
Updated : 3 years, 4 months ago IST
RBI Deputy Governor M. Rajeshwar Rao made the remarks while delivering the keynote address at the launch of MFIN's India Microfinance Review in Mumbai on Friday.
Read More
Factors that might influence domestic markets, investors this week
Updated : 3 years, 4 months ago IST
Some of the factors that might influence the markets on Monday are policy rate hikes by US Federal Reserve, the Bank of England and the report of the Reserve Bank of India that might come out next week on why it failed in maintaining the inflation mandate.
Read More
RBI likely to further hike repo rate by 45 to 50 basis points, says Punjab
Updated : 3 years, 4 months ago IST
Reserve Bank of India will hike the repo rate by 45 to 50 basis points, Punjab and Sind Bank Managing Director Swarup Kumar Saha on Saturday as the Bank of England has increased its interest rate. Punjab and Sind Bank is expecting a hike of 50 basis points in the Repo Rate.
Read More
Indian forex reserves record highest weekly gains in one year
Updated : 3 years, 4 months ago IST
This marks the highest weekly gain since September 2021, the Reserve Bank of India's (RBI) weekly statistical supplement showed on Friday.
Read More
RBI holds meeting to discuss, draft report on inflation mandate failure
Updated : 3 years, 4 months ago IST
The meeting was called on Thursday under Section 45ZN of the Reserve Bank of India (RBI) Act 1934, which pertains to steps to be taken if the central bank fails to meet its inflation-targeting mandate.
Read More