Search For "reserve bank of india"
RBI's Rs 2.11 lakh dividend provides near term support to fiscal performan
Updated : 2 years, 1 month ago IST
The Rs 2.11 lakh all-time high dividend by Reserve Bank of India, will help the government in maintaining the fiscal deficit at targeted 5.1 per cent for the year 2024-25. Fitch Ratings says, the high dividend by RBI could even lower FD below the target.
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India's forex reserves jump third week to hit fresh lifetime high
Updated : 2 years, 1 month ago IST
India's foreign exchange reserves rose for the third straight week, by USD 4.549 billion to USD 648.700 billion in the week that ended on May 17, according to data shared by the Reserve Bank of India (RBI). In the process, they touched a fresh lifetime high.
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Cybercrime surge in India: Over 7,000 daily complaints in 2024, key locati
Updated : 2 years, 1 month ago IST
India is grappling with a significant surge in cybercrime, registering an average of more than 7,000 complaints per day up to May this year so far.
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RBI approves dividend of Rs 2.11 lakh crore to government for FY24
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) board approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year 2023-24.
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Citing lack of stability, RBI cautions retail investors against investing
Updated : 2 years, 1 month ago IST
RBI yet again urged retail investors to be more cautious while investing in cryptocurrencies, and noted that the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.
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India is on the cusp of a long-awaited economic takeoff: RBI
Updated : 2 years, 1 month ago IST
Reserve Bank of India stated, "Internationally there is a growing optimism that India is on the cusp of a long-awaited economic takeoff."
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"It's a moment of pride to participate in an election of 140 crore people,
Updated : 2 years, 1 month ago IST
RBI Governor Shaktikanta Das casts his vote with family in the ongoing fifth phase of voting in Mumbai. The Governor arrived with his wife at the polling station at Activity School, Peddar Road, Mumbai.
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Reserve Bank hosts conference on governance in asset reconstruction compan
Updated : 2 years, 1 month ago IST
According to a press release, the event, themed 'Governance in ARCs - Towards Effective Resolutions', saw the participation of over 80 representatives from all 27 ARCs across the country.
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RBI holds conference for heads of assurance functions at Urban Co-operativ
Updated : 2 years, 1 month ago IST
According to RBI press release, this conference, attended by about 300 participants representing more than 120 UCBs, focused on enhancing the resilience of the financial system through effective assurance functions.
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RBI warns NBFCs: Avoid algorithm-based credit
Updated : 2 years, 1 month ago IST
Addressing a conference of heads of assurance of NBFCs held in Mumbai, Swaminathan J, Deputy Governor, RBI said that many NBFCs are increasingly turning to rule-based credit engines to accelerate the growth of their lending portfolios. He added with concern that while automation can enhance
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There will be two policy rate cuts by the RBI this fiscal: CRISIL
Updated : 2 years, 1 month ago IST
CRISIL's outlook on near term interest rate, expects two rate cuts by Reserve Bank of India (RBI) this fiscal. The outlook of the S&P global company CRISIL estimates real GDP growth of India to moderate to 6.8 per cent in this fiscal from 7.61 per cent last fiscal.
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Monsoon holds key for RBI's future monetary policy actions
Updated : 2 years, 1 month ago IST
As parts of India witness heatwaves this summer, chances of Reserve Bank of India (RBI) cutting key interest rates in have also diminished.
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