Search For "reserve bank of india"
Mahindra Finance says RBI lifted restrictions on loan recovery via outsour
Updated : 3 years, 5 months ago IST
On September 22, 2022, the RBI directed Mahindra and Mahindra Financial Services Limited to immediately cease carrying out any recovery or repossession activity through outsourcing arrangements, till further orders.
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Cash in circulation has increased as economy grew in past six years: Exper
Updated : 3 years, 5 months ago IST
According to Reserve Bank of India (RBI) data, six years after the move to ban Rs 500 and Rs 1000 notes, currency in circulation increased by 83 per cent and the value of the currency in circulation as on December 23, 2022, stood at Rs 32.42 lakh crore.
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RBI slaps Rs 4-lakh penalty on Sharad Sahakari Bank in Pune.
Updated : 3 years, 5 months ago IST
The central bank said this action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
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Yearender: Markets saw new heights, volatility from multiple headwinds in
Updated : 3 years, 6 months ago IST
Online trading platforms with easy registration and accessibility have spiked the number of investors in the domestic markets. The pattern was that the foreign investors or foreign institutional investors were selling the equities and these stocks were being bought by the domestic retail inv
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RBI survey for price movements, inflation assessment launched
Updated : 3 years, 6 months ago IST
In the January 2023 round, the survey will be conducted across 19 cities and the inputs will be useful for the monetary policy.
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Global spillovers, financial market, general risks increased, while macroe
Updated : 3 years, 6 months ago IST
The survey also showed respondents' confidence in the Indian financial system further improved with 93.6 per cent of them remaining fairly or highly confident of the stability of the Indian financial system. The 23rd round of the RBI's Systemic Risk Survey was conducted in November 2022 to s
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After a turbulent year for cryptocurrency, 2023 may see movement towards r
Updated : 3 years, 6 months ago IST
Reserve Bank of India has been forthright about its views on cryptocurrency and its Governor Shaktikanta Das said earlier this month that cryptocurrencies should be "prohibited" and that if they are allowed to grow "next financial crisis" will come from private cryptocurrencies.
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India's forex reserves decline by USD 691 million for week ending Dec 23
Updated : 3 years, 6 months ago IST
India's foreign exchange reserves fell by USD 691 million to USD 562.808 billion in the week that ended on December 23, Reserve Bank of India's Bulletin Weekly Statistical Supplement latest data showed.
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Overseas financial assets of Indian residents declined by USD 43.9 bn duri
Updated : 3 years, 6 months ago IST
According to the report, net claims of non-residents on India increased by USD 34.3 billion during second quarter (Q2) of 2022-23 and stood at USD 389.6 billion in September 2022.
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Indian economy facing strong global headwinds but strong fundamentals lend
Updated : 3 years, 6 months ago IST
The Indian economy is confronting strong global headwinds but sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and financial system stability, said RBI in its Financial Stability Report on Thursday.
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India's current account deficit widens in July-September quarter: RBI data
Updated : 3 years, 6 months ago IST
India's current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of GDP) in Q2 of 2022-23 (July-September), up from USD 18.2 billion (2.2 per cent of GDP)1 in Q1 (April-June), RBI's balance of payments (BoP) data showed on Thursday.
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RBI imposes penalty on Mynd Solutions over non-compliance of guidelines
Updated : 3 years, 6 months ago IST
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1,390,000 on Mynd Solutions Private Limited (the entity) for not complying with the Guidelines on Trade Receivables Discounting System (TReDS).
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