Search For "reserve bank"
RBI to continue with rate cuts as growth faces potential headwinds, inflat
Updated : 11 months, 3 weeks ago IST
The Reserve Bank of India (RBI) is expected to continue reducing the repo rate as economic growth faces potential headwinds and inflation is likely to come in the central bank's target range, according to a report by HDFC Mutual Fund.
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RBI should include infrastructure loans in Priority Sector Lending categor
Updated : 11 months, 3 weeks ago IST
The Reserve Bank of India (RBI) should include loans given to infrastructure projects--such as roads, ports, railways, airports, highways, and the energy sector--under priority sector lending (PSL) or exempt them from the calculation of Adjusted Net Bank Credit (ANBC) for PSL targets, sugges
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RBI's revised priority sector lending norms ease credit constraints in ren
Updated : 11 months, 3 weeks ago IST
The Reserve Bank of India's (RBI) revised guidelines for Priority Sector Lending (PSL) have helped ease credit constraints in the renewable energy sector, according to a report by the State Bank of India (SBI).
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RBI says banks cannot impose excessive charges on loan amounts upto Rs 50,
Updated : 11 months, 3 weeks ago IST
The Reserve Bank of India (RBI) has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority sector lending (PSL) category.
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India to host 3-day FATF Private Sector Collaborative Forum from March 25
Updated : 11 months, 3 weeks ago IST
According to an official release, FATF President Elisa de Anda Madrazo will formally inaugurate the PSCF 2025 on March 26, with Reserve Bank of India (RBI) Governor Sanjay Malhotra presiding over the event. The Indian delegation to PSCF is a multi-disciplinary team led by Vivek Aggarwal, Add
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India's forex reserves rise USD 305 million to USD 654.3 billion last week
Updated : 11 months, 4 weeks ago IST
India's foreign exchange reserves rose USD 305 million to USD 654.271 billion in the week that ended on March 14.
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Delhi: Fire safety lapses delay certificate renewal for key Govt buildings
Updated : 11 months, 4 weeks ago IST
The renewal of Fire Safety Certificates (FSC) for several significant buildings, including the Old Parliament Complex, the Reserve Bank of India (RBI) building, and some parts of Bharat Mandapam at Pragati Maidan, has been delayed due to unresolved fire safety concerns.
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Indian economy continues to demonstrate resilience amidst global volatilit
Updated : 12 months ago IST
The Indian economy continues to demonstrate resilience amid volatility in global markets, the RBI said in its monthly report on Wednesday. It pointed to the robust performance of the agriculture sector and improving domestic consumption.
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Urban Cooperative Banks must be mindful of trust reposed by depositors: RB
Updated : 12 months ago IST
Urban Cooperative Banks need to be mindful of their responsibilities, particularly the trust reposed on them by the depositors, said RBI Governor Sanjay Malhotra.
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BRISKPE Secures RBI's In-Principle Authorisation to Operate as PA-CB for E
Updated : 12 months ago IST
Mumbai (Maharashtra) [India], March 19: BRISKPE, a Prosus-backed cross-border payments platform, has reached a major milestone by securing the Reserve Bank of India's (RBI) in-principle Payment Aggregator - Cross Border (PA-CB) authorisation. The authorisation enables BRISKPE to operate as a
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Moody's places IndusInd bank credit assessment on review for downgrade
Updated : 12 months ago IST
The bank has discovered a USD 175 million accounting discrepancy related to currency derivatives. Shares have dropped over 28 per cent since the Reserve Bank of India decided to extend the term of CEO Sumant Kathpalia's by a year.
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PM Modi commends RBI's digital innovation as it bags Central Banking award
Updated : 1 year ago IST
Prime Minister Narendra Modi said digital innovation continues to strengthen India's financial ecosystem- empowering countless lives- as he commended the Reserve Bank of India for bagging the Digital Transformation Award 2025 from Central Banking, London, UK.
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