The statutory inspection for supervisory evaluation (lSE) of the bank was conducted by RBI with reference to its financial position as on March 31, 2021, and the examination of the Risk Assessment Report and all related correspondences pertaining to the same, the central bank said.
Fitch Ratings forecasts India's headline inflation to decline, but remain near the upper end of the Reserve Bank of India's 2-6 per cent target band, averaging 5.8 per cent in 2023-24 from 6.7 per cent last year.
Reserve Bank of India (RBI) Governor Shaktikanta Das, Insurance Regulatory and Development Authority of India (IRDAI) Chief Debashish Panda, Securities and Exchange Board of India (SEBI) Chief Madhabi Puri Buch, Pension Fund Regulatory and Development Authority (PFRDA) Chief Deepak Mohanty,
India's foreign exchange reserves rose by USD 4.532 billion to USD 588.780 billion on a weekly basis as of April 28, according to the Reserve Bank of India's data.
New Delhi [India], May 5 (ANI/PRNewswire): BharatPe Group, one of India's leading names in the fintech industry, today announced that it will be rebranding PAYBACK India, the country's largest multi-brand loyalty program to Zillion. This new brand identity is in line with the company's visio
Mumbai (Maharashtra) [India], May 4 (ANI/NewsVoir): India's oldest and largest conference on digital payments, Digital Money, is back with its 15th edition. The conference is being organised by the Payments Council of India (PCI), in association with Lyra India, on Monday, May 08, 2023, at T
Pune (Maharashtra) [India], May 4 (ANI/NewsVoir): Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Limited and India's largest and highly diversified NBFC, is making shopping more exciting for its customers at the upcoming Amazon Great Summer Sale that starts on 4th May 2023.
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, fell by USD 2.14 billion to USD 514.48 billion.
A resilient bank needs to be financially, operationally and organisationally resilient and should have adequate capital buffers to be able to generate earnings even in times of severe macroeconomic shocks, said Reserve Bank of India governor Shaktikanta Das, adding that it has started loo
The Reserve Bank of India Governor Shaktikanta Das on Thursday said the Indian banking system has remained resilient and has not been affected adversely by the recent crisis seen in the banking system in some advanced economies.
Pune (Maharashtra) [India], April 26 (ANI/NewsVoir): A fixed deposit (FD) is one instrument that offers healthy returns on your deposit. This is because it is unaffected by market movements. Banks, Post offices and Non-Banking Financial Companies (NBFCs) all offer FD. With company FDs, along
The conference with the theme -- Financial Stability: Framework, Monitoring and Implementation -- is being organised by the College of Supervisors in collaboration with the Centre for Central Banking Studies (CCBS), Bank of England, London.