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Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2
Updated : 1 year, 4 months ago IST
Shaktikanta Das, the Governor of Reserve Bank of India (RBI), on October 26, received award for A+ grade in Central Bank Report Cards 2024, for the second consecutive year.
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Emerging economies must get equitable voice in global financial governance
Updated : 1 year, 5 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das highlighted the need for reforms in the international financial system to address challenges faced by emerging economies and to adapt to the evolving global economic landscape.
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India's forex reserves decline third straight week after stellar run
Updated : 1 year, 5 months ago IST
In the week that ended on October 18, the forex reserves kitty dipped USD 2.163 billion to USD 688.267 billion, as per the data released by the Reserve Bank of India (RBI) on Friday. In the two weeks prior to that, the kitty declined USD 3.7 billion and USD 10.7 billion, respectively.
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MPC minutes indicate Dichotomy: SBI Ecowrap report
Updated : 1 year, 5 months ago IST
"Dr. Rajiv Ranjan, the only member to have continuity from August meeting has reiterated his position that policy action is on course to achieve the objective and window of opportunity to revise the stance will be open in October," said SBI Ecowrap report.
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India cannot risk another bout of inflation: RBI Governor Shaktikanta Das
Updated : 1 year, 5 months ago IST
India cannot risk another bout of inflation and the best approach would be to remain flexible and wait for more evidence of inflation aligning durably with the target, Reserve Bank Governor Shaktikanta Das observed in the last meeting of MPC while also noting that the Indian economy presents
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India's growth outlook supported by domestic engines amid geopolitical ten
Updated : 1 year, 5 months ago IST
India's growth outlook is supported by robust domestic engines, in spite of geopolitical tensions, asserted the RBI's monthly bulletin published on Monday.
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Usha Financial Services Limited (UFSL) Successfully Announce IPO, Aims for
Updated : 1 year, 5 months ago IST
New Delhi [India], October 21: Usha Financial Services Limited (UFSL), a leading RBI registered Non-Banking Financial Company (NBFC), is gearing up for its much-awaited Initial Public Offering (IPO). This marks a significant milestone in the company's efforts to expand its services in the ar
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Stock market ends lower on Monday; Investors eye Hyundai listing and RBI m
Updated : 1 year, 5 months ago IST
Bajaj Auto, HDFC Bank, Asian Paints, Mahindra & Mahindra (M&M), and Eicher Motors emerged as the top gainers, while Tata Consumer Products, Kotak Bank, Bajaj Finserv, Bharat Petroleum Corporation Limited (BPCL), and IndusInd Bank were the biggest losers of the session.
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Rate cut at this stage will be premature and very very risky, says RBI Gov
Updated : 1 year, 5 months ago IST
The Reserve Bank of India's (RBI) Governor Shaktikanta Das on Friday said that interest rate cut at this stage will be 'premature, and very, very risky'.
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RBI may act against more NBFCs to check obscure lending practices: Morgan
Updated : 1 year, 5 months ago IST
Reserve Bank of India's (RBI) Thursday action against four NBFCs and asking them to cease and desist from making new loan sanctions and disbursements, a report by Morgan Stanley suggests more lending companies might face similar scrutiny.
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RBI takes action against 4 NBFCs over excessive interest rates, non-compli
Updated : 1 year, 5 months ago IST
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
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IFSCA spotlights India investment opportunities in Investor Awareness Seri
Updated : 1 year, 5 months ago IST
Gandhinagar (Gujarat) [India], October 17: IFSCA is unveiling a series of videos to spotlight India's vibrant investment opportunities at the IOSCO World Investor Week 2024. The World Investor Week (WIW) is a global campaign backed by IOSCO that promotes investor education and wealth protect
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