Tag: RBI

RBI Governor to meet associations of industry, commerce

Mumbai: Continuing his series of consultations with various stakeholders of the economy, Reserve Bank of India Governor Shaktikanta Das on…

RBI imposes Rs 1 cr penalty on Bajaj Finance

Mumbai: The Reserve Bank of India has imposed a penalty of Rs 1 crore on Bajaj Finance for deficiencies in…

RBI cautions government over NPA spike in MUDRA loans

New Delhi: The Reserve Bank of India (RBI) has raised a red-flag on the spike in non-performing assets (NPAs) under…

RBI defers implementing last tranche of CCB

Mumbai: Reserve Bank of India (RBI) has deferred the implementation of the last tranche of capital conservation buffer (CCB) till…

India gave permission to Iranian bank to open its branch: Gadkari

NEW DELHI: The Reserve Bank of India has given clearance to an Iranian bank to open a branch named Pasargad…

Nandan Nilekani to head RBI committee on digitization of payments

New Delhi: Infosys co-founder and Aadhaar architect Nandan Nilekani will head a high-level committee assessing digitization of payments, the Reserve…

World Bank pegs India’s growth rate at 7.3 pc for current fiscal

Washington: India's growth rate is expected to accelerate to 7.3 percent during the current financial year ending March 2019, the…

RBI forms panel led by Nandan Nilekani to deepen digital payments

Mumbai: The Reserve Bank of India (RBI) on Tuesday appointed Infosys co-founder Nandan Nilekani as the Chairman of a five-member…

RBI constitutes committee to look into issues of MSMEs

New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said to have formed a committee, which would…

Ruling govt bans printing of these denomination notes

New Delhi: The ruling government in India have suddenly stopped printing of Rs 2000 denomination notes stated a highly placed…

RBI reduces printing of Rs 2000 note: Report

A top finance ministry official on Thursday stated that the printing of Rs 2000 banknote, has been reduced to the…

RBI allows restructure of defaulting MSME loans up to Rs 25 cr

Mumbai: In a measure of relief for the troubled micro and small industries segment, the RBI on Tuesday permitted a…

Banks’ bad loans’ status improved over H1 2018-19: RBI

Mumbai: The asset quality of banks improved over the first-half of this fiscal with the gross non-performing assets (GNPAs or…

Don’t need RBI’s reserves to meet fiscal deficit: Jaitley

New Delhi: Finance Minister Arun Jaitley on Monday made it clear that the government does not need RBI's reserves to…

Rahul Gandhi corners ‘watchman’ PM over RBI report on loan defaulters

New Delhi: Three days after RBI stated that banks lost Rs 41,167 crore to fraud in 2017-18, Rahul Gandhi on…

NPAs have begun to stabilise, indicates RBI report

New Delhi: The latest statutory report by Reserve Bank of India on Trend and Progress of Banking in India 2017-18…

SBI to block Magstripe Debit Card: Hurry up! Get EMV Chip Card – Here’re the details

New Delhi: State Bank of India (SBI) to block the old Magstripe Debit Card after a particular period of time.…

Draft policy on E-Commerce to be out in Jan 2019

New Delhi: Department of Industrial Policy and Promotion (DIPP) on Thursday asserted that a draft policy on E-commerce is likely…

Jalan to head RBI expert panel to review Economic Capital Framework

Mumbai: RBI on Wednesday constituted a six-member expert committee to review its extant Economic Capital Framework under the chairmanship of…

RBI launches survey on people’s retail payment habits

Mumbai: The Reserve Bank of India (RBI) has launched a survey to understand the "Retail Payment Habits of Individuals" (SRPHi).…