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RBI keeps repo rate unchanged at 4 pc, pegs GDP growth at 10.5 pc
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate unchanged at 4 per cent and 3.35 per cent respectively while continuing the accommodative stance.
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RBI keeps repo rate unchanged at 4 pc
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): The Reserve Bank of India's (RBI) Monetary Policy Committee has voted unanimously to keep the policy repo rate unchanged at 4 per cent, said RBI Governor Shaktikanta Das on Friday.
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Equities spurt as RBI keeps rates unchanged, SBI up 12 pc
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): The rally at bourses continued during early hours on Friday as the Reserve Bank of India (RBI) kept key interest rates unchanged.
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RBI proposes revised regulatory framework for NBFCs
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer model in the fast-growing industry.
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NBFCs, fintech companies urge FM Sitharaman to enhance lending facilities
Updated : 5 years, 5 months ago IST
New Delhi [India], January 19 (ANI): Non-banking finance companies (NBFCs) and fintech players have urged Finance Minister Nirmala Sitharaman to enhance the lending facilities by three to four years which were announced and extended by the Reserve Bank of India (RBI) during Covid-19 lockdown
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RBI open to examine proposal on bad banks: Shaktikanta Das
Updated : 5 years, 5 months ago IST
New Delhi [India], January 16 (ANI): If there is any proposal of bad banks, the Reserve Bank of India (RBI) will examine the proposal, RBI Governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday.
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Kirit Somaiya wrote to ED, RBI to check Anand Adsul's role in PMC Bank sca
Updated : 5 years, 5 months ago IST
New Delhi [India], January 16 (ANI): Bharatiya Janata Party (BJP) leader Kirit Somaiya on Friday informed that he has written a letter to the Enforcement Directorate (ED) and Reserve Bank of India (RBI) to check the role of Anand Adsul and his family in Punjab and Maharashtra Cooperative (PM
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RBI sets up Working Group to study all aspects of digital lending activiti
Updated : 5 years, 5 months ago IST
New Delhi [India], January 13 (ANI): Reserve Bank of India (RBI) has set up a Working Group to study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players so that an appropriate regulatory approach can be put in place.
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Equity indices subdued, banking stocks dip
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], January 12 (ANI): Equity benchmark indices were subdued during early hours on Tuesday due to drag in banking stocks after the Reserve Bank of India (RBI) said gross non-performing assets of the lenders may increase from 7.5 per cent in September 2020 to 14.8 per
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RBI says GNPAs may shoot up to 14.8 per cent by Sept under severe stress s
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], January 11 (ANI): The Reserve Bank of India (RBI) on Monday informed that Indian banks' total gross non-performing assets (GNPAs) may rise to 14.8 per cent under a severe stress scenario by September 2021 compared with 7.5 per cent in the year-ago period.
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BoI reports divergence of Rs 63 crore in gross NPAs
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], January 8 (ANI): Government-owned Bank of India said on Friday that divergence in gross non-performing assets (GNPAs) as of March 2020 was at Rs 63 crore.
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Shivalik Small Finance Bank receives commercial banking license
Updated : 5 years, 6 months ago IST
New Delhi [India], January 6 (ANI/NewsVoir): Shivalik Small Finance Bank (SSFB) announced the receipt of a license from Reserve Bank of India (RBI) to carry on banking business as a Small Finance Bank (SFB) in India.
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