Search For "reserve bank of india rbi"
Faced with RBI audit, IIFL Finance delays Board meet for earnings release
Updated : 2 years, 1 month ago IST
In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning, securitising, or selling any of its gold loans.
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India's forex reserves jump third week to hit fresh lifetime high
Updated : 2 years, 1 month ago IST
India's foreign exchange reserves rose for the third straight week, by USD 4.549 billion to USD 648.700 billion in the week that ended on May 17, according to data shared by the Reserve Bank of India (RBI). In the process, they touched a fresh lifetime high.
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RBI approves dividend of Rs 2.11 lakh crore to government for FY24
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) board approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year 2023-24.
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Citing lack of stability, RBI cautions retail investors against investing
Updated : 2 years, 1 month ago IST
RBI yet again urged retail investors to be more cautious while investing in cryptocurrencies, and noted that the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.
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RBI warns NBFCs: Avoid algorithm-based credit
Updated : 2 years, 1 month ago IST
Addressing a conference of heads of assurance of NBFCs held in Mumbai, Swaminathan J, Deputy Governor, RBI said that many NBFCs are increasingly turning to rule-based credit engines to accelerate the growth of their lending portfolios. He added with concern that while automation can enhance
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There will be two policy rate cuts by the RBI this fiscal: CRISIL
Updated : 2 years, 1 month ago IST
CRISIL's outlook on near term interest rate, expects two rate cuts by Reserve Bank of India (RBI) this fiscal. The outlook of the S&P global company CRISIL estimates real GDP growth of India to moderate to 6.8 per cent in this fiscal from 7.61 per cent last fiscal.
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Monsoon holds key for RBI's future monetary policy actions
Updated : 2 years, 1 month ago IST
As parts of India witness heatwaves this summer, chances of Reserve Bank of India (RBI) cutting key interest rates in have also diminished.
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RBI likely to transfer Rs 1 trillion to government in FY25
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25 according to a report by Union Bank of India.
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REC gets RBI nod to set up subsidiary in GIFT City, Gujarat
Updated : 2 years, 2 months ago IST
REC Limited, a non-banking financial company, has received a No Objection Certificate (NOC) from Reserve Bank of India (RBI) for setting up a subsidiary in Gujarat International Finance Tech- City ( GIFT) in Gandhinagar, Gujarat.
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RBI lays out criteria for conversion of Small Finance Banks to Universal B
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) has set out certain provisions fulfilling which Small Finance Banks (SFBs) can voluntarily convert themselves into Universal Banks.
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RBI cautions public against using unauthorised prepaid payment entities
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) cautioned the public against using websites or applications, and parting with their money to any unauthorized entity.
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RBI cautions public against using unauthorised prepaid payment entities
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) has urged the public to exercise utmost caution while using websites or applications, and parting with their money to any such unauthorized entity.
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