Search For "rbi"
Housing finance companies unlikely to face difficulty in complying with re
Updated : 1 year, 7 months ago IST
Deposit-taking housing finance companies (HFCs) are unlikely to face difficulty in complying with the Reserve Bank of India's (RBI) revised norms for raising public deposits issued on August 12, 2024, said Crisil Ratings.
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24/7 online and mobile banking may heighten vulnerabilities and liquidity
Updated : 1 year, 7 months ago IST
Online banking services like Internet banking and mobile banking may increase the chances of liquidity crisis during periods of stress, highlights RBI Deputy Governor Swaminathan Janakiraman during an event in Jaipur on Wednesday.
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RBI regional director meets Himachal CM, discusses state's banking sector
Updated : 1 year, 7 months ago IST
The Regional Director of the Reserve Bank of India Anupam Kishore called on Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu in the state's capital Shimla.
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RBI Dy Governor highlights urgent need to evolve deposit insurance system
Updated : 1 year, 7 months ago IST
Reserve Bank of India (RBI) Deputy Governor Michael Patra underscored the urgent need for evolving deposit insurance systems to meet the challenges posed by rapid financial innovation and climate change at an event organised by the Deposit Insurance Corporation of Global Communities (DICGC)
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CPI inflation down, but road ahead could be bumpy: SBI Report
Updated : 1 year, 7 months ago IST
The SBI's latest report highlights that the once-dominant "Follow the Fed" mantra appears to be waning, with an increasing number of central banks prioritizing domestic economic conditions over synchronizing with U.S. rate decisions, signalling a shift in global monetary policy dynamics.
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India's retail inflation softens and align with RBI's 4% target
Updated : 1 year, 7 months ago IST
According to data released by the Ministry of Statistics and Programme Implementation on Monday, retail inflation or Consumer Price Index in July was at 3.54 per cent.
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Jocata launches One Case Manager enabling Financial Institutions comply by
Updated : 1 year, 7 months ago IST
New Delhi [India], August 12: Jocata, a leading RegTech partner for the BFSI industry announces the pan-India rollout of its industry-first offering called 'One Case Manager'. Jocata One Case Manager comes at a time when RBI circular dated January 2024 directs the regulated entities (REs)
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Innoviti Closes Series E Fund Raise
Updated : 1 year, 7 months ago IST
Bengaluru (Karnataka) [India], August 12: Innoviti Technologies Pvt. Ltd., India's largest payments-centric retail SaaS platform for enterprise brands and their SME channel partners, announced today that it closed its Series E round raising a total of Rs. 70 Cr. as a combination of equity
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RBI expected to begin rate cuts in October, with two reductions this fisca
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
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Banks must focus on their core business, come with innovative products to
Updated : 1 year, 7 months ago IST
Union Finance Minister Nirmala Sitharaman, again asked the banks to focus on their core business and come with innovative products to increase deposits.
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FM Nirmala Sitharaman attends RBI Board of Directors meeting
Updated : 1 year, 7 months ago IST
Union Finance Minister Nirmala Sitharaman on Saturday addended a meeting with members of the Central Board of Directors of Reserve Bank of India (RBI) in New Delhi.
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India's forex reserves touch fresh high of USD 675 billion, rose over USD
Updated : 1 year, 7 months ago IST
The reserves have been rising on and off for a long time now. So far in 2024, they have risen by about USD 45-50 billion, on a cumulative basis. The buffer of foreign exchange reserves insulates domestic economic activity from global spillovers.
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