The bill provides for amending the Reserve Bank of India Act, 1934, Banking Regulation Act 1949, State Bank of India Act, 1955, Banking Companies (Acquisition and Transfer of Undertakings) Act 1970, and Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.
As the Parliament convenes for the ongoing Budget Session on Friday, Union Finance Minister Nirmala Sitharaman will introduce new Bills including the Banking Laws (Amendment) Bill, 2024 to amend the Reserve Bank of India Act, the Banking Regulation Act and the State Bank of India Act among o
The ongoing volatility in the prices of key food items such as tomatoes, onions, and potatoes (collectively known as TOP) and pulses continues to pose significant challenges for the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), highlights a report by SBI.
The Reserve Bank of India (RBI) has reduced the mandated frequency of reporting of credit information by Credit Institutions to Credit Information Companies.
The Indian benchmark indices traded weak after opening on a negative note on Thursday, reacting to the unchanged policy repo rate announced by the Reserve Bank of India
In the repechage round, Jyothi clocked in timings of 13.17 seconds to achieve the fourth-place finish, but the qualification was a privilege reserved for only the top two athletes from each heat.
At the post-monetary policy press briefing, RBI Governor Shaktikanta Das said that GDP growth figures in the US are doing well and it was not right to rush to a conclusion that the country was slowly slipping into recession.
Economists and Industry bodies have welcomed RBI's move to keep the policy repo rate unchanged they said that maintaining the repo rate provides stability and predictability in the financial markets.
RBI Governor Shaktikanta Das to deliver the monetary policy statement on Thursday at 10:00 am, following the Reserve Bank of India's (RBI) three-day Monetary Policy Committee (MPC) meeting, the post-policy press conference scheduled to be telecast at 12:00 pm on the same day.
Assam Chief Minister Himanta Biswa Sarma on Wednesday handed over 20 Inflatable Rubber Boats to Kaziranga National Park and Tiger Reserve to check poaching and encroaching attempts.