Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) on Thursday issued an advisory to banks and other RBI-regulated entities emphasizing the need for preparedness for the transition away from the London Interbank Offered Rate (LIBOR).
New Delhi [India], July 8 (ANI): The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty on fourteen banks, including the State Bank of India (SBI) and Bank of Baroda (BOB) for violation of various rules.
Mumbai (Maharashtra) [India], July 6 (ANI): The Reserve Bank of India (RBI) will conduct open market purchase of government bonds worth Rs 20,000 crore under the G-sec Acquisition Programme (G-SAP 2.0) on July 8.
Mumbai (Maharashtra) [India], June 19 (ANI): Motilal Oswal Financial Services has projected real GDP growth of 8.7 per cent in FY22, down from 11.1 per cent it had forecast earlier.
Mumbai (Maharashtra) [India], June 18 (ANI): The Reserve Bank of India (RBI) on Friday decided to grant in-principle approval to Centrum Financial Services Ltd to set up a small finance bank.
Mumbai (Maharashtra) [India], June 17 (ANI): Harmonisation guidelines proposed by the Reserve Bank of India (RBI) for non-banking finance companies and microfinance institutions (NBFCs-MFIs) are need of the hour to address diverse interpretations of regulations by multiple forms of entities,
Mumbai (Maharashtra) [India], June 16 (ANI): Driven by several global and domestic factors, inflation may remain elevated in the coming months, State Bank of India's research division said on Wednesday.
Singapore, June 14 (ANI): Fitch Solutions said on Monday it expects the rupee to continue trading in a range between INR72.30/USD and INR75/USD over the remainder of the year.
Mumbai (Maharashtra) [India], June 11 (ANI): The Reserve Bank of India (RBI) on Friday extended risk-based internal audit (RBIA) system for housing finance companies to enhance quality and effectiveness of their internal audit system.
Mumbai (Maharashtra) [India], June 10 (ANI): The Reserve Bank of India (RBI) said on Thursday it will conduct third tranche of open market purchase of government securities and state development loans under G-sec Acquisition Programme (G-SAP 1.0).
New Delhi [India], June 10 (ANI): Digital transactions in the country during January to March stood at 93.7 crore in volume terms and Rs 131 lakh crore in value terms, Worldline India said on Thursday.
New Delhi [India], June 9 (ANI): The Centre on Wednesday re-appointed former IDBI Bank managing director (MD) and chief executive officer (CEO) Mahesh Kumar Jain, as the deputy governor of the Reserve Bank of India (RBI) for a period of two years.