Search For "reserve bank of india"
India's foreign exchange reserves surge to touch another peak of USD 670.8
Updated : 1 year, 11 months ago IST
In the week that ended on July 19, the foreign exchange kitty rose by USD 4.19 billion to USD 670.857 billion, official data from the Reserve Bank of India (RBI) showed on Friday.
Read More
RBI unveils new corrective action framework for Urban Co-operative Banks
Updated : 1 year, 11 months ago IST
For urban cooperative banks that are weak or are experiencing financial stress, the RBI had issued a supervisory action framework as an early intervention tool for bringing about desired improvements in those entities.
Read More
RBI has proposed a higher liquidity coverage ratio for retail deposits
Updated : 1 year, 11 months ago IST
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding liquidity standards, as announced in the April monetary policy.
Read More
Fiscal consolidation with welfare measures, budget may see a mild increase
Updated : 1 year, 11 months ago IST
The fiscal buffer from the Reserve Bank of India's (RBI) excess dividend, amounting to 0.4 per cent of GDP, is likely to be disproportionately allocated towards the rural, farm, and welfare sectors, with a slight increase in capex.
Read More
India's forex reserves hit record USD 666.85 Billion, driven by surging go
Updated : 1 year, 11 months ago IST
India's foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according to data from the Reserve Bank of India (RBI).
Read More
Only 10 banks/NBFCs had disruptions due to Microsoft outage: RBI
Updated : 1 year, 11 months ago IST
The Reserve Bank of India has asserted that its assessment showed that only 10 banks and NBFCs had minor disruptions due to the Microsoft outage. The disruptions reported in those entities have "either been resolved or are being resolved", RBI said in a statement.
Read More
India to triple its electronic production by 2025-26: RBI
Updated : 1 year, 11 months ago IST
India's electronic produce has surged to 3 per cent of GDP in 2023-24, highlighted the July 2024, monthly bulletin of the Reserve Bank of India(RBI),
Read More
Too long a period for current food price shock to be termed as transitory,
Updated : 1 year, 11 months ago IST
Faced with food inflation remaining at elevated levels consistently, the Reserve Bank of India on Thursday said that it is too long a period for a food price shock to be termed as transitory.
Read More
Brickwork Ratings (BWR) approved by RBI for Bank Risk-Weighting Claims
Updated : 1 year, 11 months ago IST
Bengaluru (Karnataka) [India], July 16: The Reserve Bank of India (RBI) has permitted banks to use the ratings of Brickwork Ratings India Private Limited (BWR) for risk-weighting their claims for capital adequacy purposes, according to a statement released by the RBI on July 10, 2024.
Read More
RBI mandates banks to set up committees for inspection of fraud cases afte
Updated : 1 year, 11 months ago IST
As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed show-cause notice (SCN) to the persons or entities against whom the fraud allegations are labelled.
Read More
India can become world's second-largest economy by 2031: RBI Dy Governor P
Updated : 1 year, 11 months ago IST
India can become the second largest economy by 2031 and the largest economy in the world by 2060, said Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI) during a program at the Lal Bahadur Shastri National Academy of Administration, Mussoorie.
Read More
Jio Financials gets RBI nod to become Core Investment Company
Updated : 1 year, 11 months ago IST
Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a Core Investment Company (CIC) from a Non-Banking Financial Company (NBFC).
Read More