Search For "the reserve bank of india"
India's foreign exchange reserves surge to touch another peak of USD 670.8
Updated : 1 year, 11 months ago IST
In the week that ended on July 19, the foreign exchange kitty rose by USD 4.19 billion to USD 670.857 billion, official data from the Reserve Bank of India (RBI) showed on Friday.
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RBI has proposed a higher liquidity coverage ratio for retail deposits
Updated : 1 year, 11 months ago IST
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding liquidity standards, as announced in the April monetary policy.
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Fiscal consolidation with welfare measures, budget may see a mild increase
Updated : 1 year, 11 months ago IST
The fiscal buffer from the Reserve Bank of India's (RBI) excess dividend, amounting to 0.4 per cent of GDP, is likely to be disproportionately allocated towards the rural, farm, and welfare sectors, with a slight increase in capex.
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India's forex reserves hit record USD 666.85 Billion, driven by surging go
Updated : 1 year, 11 months ago IST
India's foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according to data from the Reserve Bank of India (RBI).
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Only 10 banks/NBFCs had disruptions due to Microsoft outage: RBI
Updated : 1 year, 11 months ago IST
The Reserve Bank of India has asserted that its assessment showed that only 10 banks and NBFCs had minor disruptions due to the Microsoft outage. The disruptions reported in those entities have "either been resolved or are being resolved", RBI said in a statement.
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India to triple its electronic production by 2025-26: RBI
Updated : 1 year, 11 months ago IST
India's electronic produce has surged to 3 per cent of GDP in 2023-24, highlighted the July 2024, monthly bulletin of the Reserve Bank of India(RBI),
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Too long a period for current food price shock to be termed as transitory,
Updated : 1 year, 11 months ago IST
Faced with food inflation remaining at elevated levels consistently, the Reserve Bank of India on Thursday said that it is too long a period for a food price shock to be termed as transitory.
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Brickwork Ratings (BWR) approved by RBI for Bank Risk-Weighting Claims
Updated : 1 year, 12 months ago IST
Bengaluru (Karnataka) [India], July 16: The Reserve Bank of India (RBI) has permitted banks to use the ratings of Brickwork Ratings India Private Limited (BWR) for risk-weighting their claims for capital adequacy purposes, according to a statement released by the RBI on July 10, 2024.
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Jio Financials gets RBI nod to become Core Investment Company
Updated : 2 years ago IST
Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a Core Investment Company (CIC) from a Non-Banking Financial Company (NBFC).
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RBI penalizes five banks, including PNB, for regulatory non-compliance in
Updated : 2 years ago IST
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in the first week of July for non-compliance with various RBI directions.
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India's foreign exchange reserves slightly off all-time highs; declines by
Updated : 2 years ago IST
India's foreign exchange reserves declined by USD 1.713 billion to USD 651.997 billion during the week that ended June 28, official data from the Reserve Bank of India (RBI) showed on Friday. The reserves are currently a tad lower than their all-time highs of USD 655.817 touched recently.
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RBI grants Payment Aggregator license to SabPaisa (SRS Live Technologies)
Updated : 2 years ago IST
New Delhi [India], July 3: SabPaisa (SRS Live Technologies Private Limited), a leading payment solutions provider, announced that it has received final approval from the Reserve Bank of India (RBI) to function as a Payment Aggregator (PA) under the Payments and Settlement Systems Act, 2007.
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