RBI
- Business
RBI rate hike a surprise as it came between 2 review meetings: Sitharaman
New Delhi: The Reserve Bank of India’s (RBI) move to raise the policy rate is part of a synchronised action by the central banks, Union Finance Minister Nirmala Sitharaman has said, adding…
- India
Loan EMIs to rise due to RBI repo rate hike
New Delhi: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday decided to increase the repo rate by 40 basis points. The hike will lead to an…
- India
RBI hikes repo rate on inflation worries, equities plunge
New Delhi: Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40…
- Hyderabad
Eid al Fitr: Demand for newly printed currency shoots up in Hyderabad
Hyderabad: Despite the world slowly transitioning to digital payments, the tradition of handing over crisp currency notes to children as ‘eidie’ (gift) is unlikely to get affected. With Eid ul Fitr around…
- India
Raghuram Rajan explains how ‘anti-minority’ tag will hurt Indian firms
New Delhi: Former Governor of Reserve Bank of India Raghuram Rajan on Thursday explained that the ‘anti-minority’ tag will lead to a loss of market for Indian products. Apart from it, foreign…
- Hyderabad
Hyderabad: RBI officials, city police hold cyber security meeting
Hyderabad: The Reserve Bank of India and the city police here held a meeting here on Thursday to discuss cyber security measures, a release said. Hyderabad police commissioner C V Anand stressed…
- Business
Equity indices open positive despite high inflation in March
New Delhi: Indian benchmark equity indices opened on a positive note despite inflation print for March coming more than market expectations. Retail inflation for March came at 6.95 per cent, which has…
- Business
Not necessary to activate ‘Counter-Cyclical Capital Buffer’: RBI
New Delhi: The Reserve Bank of India (RBI) on Tuesday said that it is not necessary to activate ‘Counter-Cyclical Capital Buffer’ at this point in time. In financial parlance, the ‘CCyB’ applies…
- India
Advanced programme in banking introduced by NIBM and TalentSprint
Hyderabad: Global education technology company TalentSprint collaborated with the National Institute of Bank Management (NIBM), an autonomous Apex Institute established by the Reserve Bank of India (RBI), and banks to create an…
- India
India’s forex reserves dip by $9.64 billion, the biggest drop in 2 years
Mumbai: India’s foreign exchange (forex) reserves declined by $9.646 billion to $622.275 billion in the week ended March 11, the sharpest decline in nearly two years, as the Reserve Bank of India…
- India
No plan to introduce cryptocurrency: Govt
New Delhi: There is no plan by the government to introduce cryptocurrency, the Parliament was told on Tuesday. There is no plan to introduce a cryptocurrency and currently it is unregulated in…
- Business
RBI lifts restrictions on HDFC Bank’s ‘Digital 2.0’ plan
New Delhi: The Reserve Bank of India has lifted the restrictions on the business generating activities planned under HDFC Bank’s ‘Digital 2.0’ programme. “We wish to inform you that the RBI vide…
- India
RBI asks Paytm Payments Bank to stop opening new accounts
Mumbai: The RBI on Friday asked Paytm Payments Bank to stop opening new accounts amid “material supervisory concerns” observed in the bank. “Reserve Bank of India has today, in the exercise of…
- India
Bank holidays in March: Here’s list released by RBI
New Delhi: Reserve Bank of India (RBI) has released the list of bank holidays for the month of March. A total of seven holidays have been listed by the central bank. The…
- Business
NBFC counters rise as RBI extends NPA norms compliance date
New Delhi: Shares in the NBFC space have shown a healthy gains on Wednesday as the RBI provided an extension for the implementation of the new NPA rules. The RBI on Tuesday…
