Search For "reserve bank of india"
iPhone 16 vs. iPhone 12: Which One Should You Buy This Diwali 2024?
Updated : 1 year, 8 months ago IST
Pune (Maharashtra) [India], October 28: Owning an iPhone is an aspiration and a status symbol in the country, given its standing as the gold standard of smartphones. Shoppers are always on the lookout for offers and discounts on iPhones. This Diwali, they can realise their dream of owning an
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Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2
Updated : 1 year, 8 months ago IST
Shaktikanta Das, the Governor of Reserve Bank of India (RBI), on October 26, received award for A+ grade in Central Bank Report Cards 2024, for the second consecutive year.
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Emerging economies must get equitable voice in global financial governance
Updated : 1 year, 8 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das highlighted the need for reforms in the international financial system to address challenges faced by emerging economies and to adapt to the evolving global economic landscape.
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India's forex reserves decline third straight week after stellar run
Updated : 1 year, 8 months ago IST
In the week that ended on October 18, the forex reserves kitty dipped USD 2.163 billion to USD 688.267 billion, as per the data released by the Reserve Bank of India (RBI) on Friday. In the two weeks prior to that, the kitty declined USD 3.7 billion and USD 10.7 billion, respectively.
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Rate cut at this stage will be premature and very very risky, says RBI Gov
Updated : 1 year, 8 months ago IST
The Reserve Bank of India's (RBI) Governor Shaktikanta Das on Friday said that interest rate cut at this stage will be 'premature, and very, very risky'.
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RBI may act against more NBFCs to check obscure lending practices: Morgan
Updated : 1 year, 8 months ago IST
Reserve Bank of India's (RBI) Thursday action against four NBFCs and asking them to cease and desist from making new loan sanctions and disbursements, a report by Morgan Stanley suggests more lending companies might face similar scrutiny.
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RBI takes action against 4 NBFCs over excessive interest rates, non-compli
Updated : 1 year, 8 months ago IST
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
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Even with potential cut in repo rate, bank deposit rates unlikely to be lo
Updated : 1 year, 8 months ago IST
A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are expected to remain high due to the prevailing high credit-to-deposit ratio.
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Rising inflation may push RBI to continue with neutral stance for a longer
Updated : 1 year, 8 months ago IST
The soaring figures of retail inflation in September could force the Reserve Bank of India (RBI) to continue with neutral stance for a longer duration, stated SBI research, adding that "first rate cut could be based on growth, and need not be inflation."
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Rapid expansion of private credit market with limited regulation posing th
Updated : 1 year, 8 months ago IST
The private credit market's rapid expansion with limited regulation is posing a threat to the overall financial stability of the system, highlighted RBI Governor Shaktikanta Das on Monday.
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Heavy reliance on AI could lead to concentration risks in the financial se
Updated : 1 year, 8 months ago IST
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday cautioned that heavy reliance on artificial intelligence (AI) could lead to concentration risks in the financial sector.
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RBI directs payment service providers to enhance accessibility for persons
Updated : 1 year, 8 months ago IST
With digital payment systems becoming increasingly popular among all segments of the population, including differently-abled individuals, the RBI's latest guidelines urge payment system participants (PSPs)--comprising banks and authorized non-bank payment providers--to review and modify thei
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