Search For "reserve bank of india rbi"
RBI is the protector of Indian economy: CM Bommai
Updated : 3 years, 7 months ago IST
Speaking after inaugurating the Constitution Day, organised by RBI SC/ST Employees Association here on Monday, he said RBI has a rich history and it has been controlling the country's banking system from the pre-Independence period, as well as the nation's economy.
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RBI asking subsidiary to resubmit payment aggregator license won't affect
Updated : 3 years, 7 months ago IST
As the Reserve Bank of India (RBI) directed Paytm Payment Services Limited, a subsidiary of Paytm, to reapply for a payment aggregator license in 120 days, analysts have said that the move will not have any impact on Paytm and they believe the company will deliver robust growth.
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RBI Deputy Governor says monetary policy has to be forward-looking because
Updated : 3 years, 7 months ago IST
Reserve Bank of India's Deputy Governor also said that next week, deliberations would be starting for the next policy review to be announced in the first week of December and will have to depend on inflation data for October and growth data for July-September coming out on November 30.
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India set to overtake China as property investment destination
Updated : 3 years, 7 months ago IST
The property price index has been growing steadily in India in the past few years. The All India House Price Index (HPI) published by the Reserve Bank of India (RBI) grew at an annual rate of 3.5 per cent for the quarter which ended in June (Q1: 2022-23), expanding 1.8 per cent compared w
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RBI imposes Rs 3 lakh penalty on Parwanoo Urban Co-operative Bank
Updated : 3 years, 7 months ago IST
The central bank has said the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
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Karnataka has highest installed grid-interactive renewable power capacity
Updated : 3 years, 7 months ago IST
Tamil Nadu, with 15,225 mw, came at the second; Gujarat, with 13,153 mw, was at third position while Maharashtra, with 10,267 mw, was at the fourth, according to Handbook of Statistics on Indian States 2021-22, which was the seventh edition of its statistical publication, released by the Res
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"Remain watchful," RBI Governor's advice to heads of banks amid global hea
Updated : 3 years, 7 months ago IST
RBI Governor Shaktikanta Das acknowledged the crucial role played by the commercial banks in supporting economic growth throughout the turbulent times since the outbreak of the pandemic and the ongoing financial market turmoil.
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RBI imposes penalties on nine cooperative banks for violating compliances
Updated : 3 years, 7 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
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Rapid growth of urbanisation in India not matched by urban infra developme
Updated : 3 years, 7 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
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Customer protection lies at core of microfinance regulation, says RBI Depu
Updated : 3 years, 8 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.
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RBI holds meeting to discuss, draft report on inflation mandate failure
Updated : 3 years, 8 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.
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Indian stocks decline after another policy rate hike in US
Updated : 3 years, 8 months ago IST
Among the Nifty 50 stocks, Tech Mahindra, Hindalco, Wipro, Coal India, and Infosys were the top five losers, declining in the range of 1-2 per cent each, National Stock Exchange data showed.
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