New Delhi [India], January 4 (ANI): A petition has been filed before the Supreme Court seeking initiation of contempt of Court proceedings and punish the Reserve Bank of India (RBI) Governor, Shaktikanta Das, and officials concerned of the State Bank of India (SBI) for allegedly and wilfully
Mumbai (Maharashtra) [India], January 1 (ANI): The Reserve Bank of India (RBI) will conduct simultaneous purchase and sale of government securities under open market operations (OMOs) for Rs 10,000 crore each on January 7.
Mumbai (Maharashtra) [India], Dec 29 (ANI): The gross non-performing assets (GNPAs) ratio of scheduled commercial banks declined from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-September, the Reserve Bank of India (RBI) said on Tuesday
Mumbai (Maharashtra) [India], December 24 (ANI): The Indian economy is recovering faster than expected and may post positive growth in the third quarter of current financial year, the Reserve Bank of India (RBI) said on Thursday in its report on state of the economy.
Mumbai (Maharashtra) [India], Dec 23 (ANI): The Reserve Bank of India (RBI) on Wednesday cautioned individuals and small businesses against falling prey to growing number of unauthorised digital lending platforms and mobile apps on promises of getting loans in quick and hassle-free manner.
Mumbai (Maharashtra) [India], December 18 (ANI): The Reserve Bank of India (RBI) has decided to conduct another purchase auction of state developments loans (SDLs) under open market operations (OMOs) for an aggregate amount of Rs 10,000 crore on December 23.
New Delhi [India], December 16 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said financial inclusion in the country is poised to grow exponentially with digital-savvy millennials joining the workforce, social media blurring the urban-rural divide and technology sh
Mumbai (Maharashtra) [India], December 13 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday said Real Time Gross Settlement (RTGS) facility in the country will become operational from 12.30 am on Monday (December 14).
Singapore, December 8 (ANI): Fitch Solutions has maintained that the Reserve Bank of India (RBI) will lower its policy repurchase (repo) rate by another 50 basis points by the end of FY22 (April 2021 to March 2022) with forecasts specifically looking at 25 basis points at the last FY21 polic
Singapore, December 7 (ANI): Moody's Investors Service said on Monday that HDFC Bank's multiple outages in its internet banking, mobile banking and payment utility services over the past two years are credit negative.
Mumbai (Maharashtra) [India], Dec 4 (ANI): Equity benchmark indices closed 1 per cent higher on Friday as the Reserve Bank of India (RBI) kept key interest rates unchanged and upped its growth forecast to minus 7.5 per cent during FY21 from minus 9.5 per cent in the October review.
Mumbai (Maharashtra) [India], December 4 (ANI): Retail inflation is likely to remain elevated with the Reserve Bank of India on Friday pegging it at 6.8 per cent in the third quarter (October to December) of current fiscal year (2020-21).