Search For "rbi"
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
SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast
Updated : 1 year, 7 months ago IST
Indian economy is expected to grow at 7.0-7.1 per cent in the April-June period, the first quarter of 2024-25, SBI Research said in a report, days before the government would release official data. As a caveat, its growth forecast comes with a downward bias.
Read More
After UPI, RBI will now launch Unified Lending Interface or ULI for fricti
Updated : 1 year, 7 months ago IST
The technology platform for providing "frictionless credit" launched by the Reserve Bank of India (RBI) last year as a pilot project will be introduced nationwide soon, said Reserve Banks of India Governor, Shaktikanta Das on Monday.
Read More
AI integration in finance sector unlocks new opportunities: Shaktikanta Da
Updated : 1 year, 7 months ago IST
Integration of artificial intelligence (AI) into financial services brings significant opportunities for all stakeholders, the Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday.
Read More
Decline in loan to deposits ratios in banks is because of lower money crea
Updated : 1 year, 7 months ago IST
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI over the fiscal year 2023-24. Cumulative net fresh money creation during this period amounted to only Rs 0.6 trillion, a contrast to approximately Rs 20 trillion created in the three fiscal year
Read More
India's Digital Public Infrastructure experience provides effective strat
Updated : 1 year, 7 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said that India's experience has provided an effective digitisation strategy for other central banks.
Read More
India's foreign exchange reserves rose USD 4.5 billion to reach USD 674.7
Updated : 1 year, 7 months ago IST
India's foreign exchange reserves have risen by USD 4.546 billion to reach USD 674.664 billion, a touch below their all-time highs, during the week that ended on August 16, RBI data showed on Friday.
Read More