RBI
- Business
RBI Deputy Governor Michael Patra reappointed for one year
Delhi: The Centre on Monday reappointed Reserve Bank of India (RBI) Deputy Governor Michael Debabrata Patra for a period of one year with effect from January 15. The decision was taken by…
- India
SC to pronounce verdict on pleas challenging Centre’s demonetisation today
New Delhi: The Supreme Court on Monday is scheduled to pronounce its verdict on a batch of petitions challenging the Union Government’s 2016 decision to demonetise the currency bills of Rs 500…
- Business
Despite headwinds, Indian financial system resilient says RBI report
Delhi: The Indian economy is confronting strong global headwinds, yet sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and engendering financial system stability, an…
- Business
RBI cracked the whip on ICICI, others, for flouting norms, but was ignored: RTI
Mumbai: The Reserve Bank of India (RBI) had slapped show cause notices (SCNs) and imposed penalties on the ICICI Bank and certain other banks way back in 2017, for violating various norms,…
- Business
Financial literacy poor across urban, rural population in country: RBI survey
New Delhi: A general perception is that most of the rural population is not well-versed in digital banking in India. However, in what can be termed as a revelation, according to a…
- India
Missed inflation target, digital currency pilot mark RBI’s 2022 map
Mumbai: The Reserve Bank of India failed to deliver on its contracted inflation target for the first time, started fiat digital currency pilot and finally saw its efforts to improve bank balance sheets…
- Business
HDFC revises RPLR on home loans by 35 basis points
Delhi: Days after the RBI hiked the repo rate for the fifth time in the last seven months, the Housing Development Finance Corporation Ltd (HDFC) on Monday revised its retail prime lending…
- India
Why RBI did not appear despite being served notice: Kerala HC
Kochi: The Kerala High Court recently asked why the Reserve Bank of India (RBI) did not appear before it even after being served a notice on pleas challenging the summons issued by…
- Business
RBI’s inflation control measures turn home loan EMIs inflationary
Chennai: Even as the Reserve Bank of India (RBI) is hiking repo rate to control inflation, home loan borrowers will see their equated monthly instalment (EMI) turning inflationary, say in a month’s…
- India
SC directs Centre, RBI to put on record relevant info on demonetisation
New Delhi: The Supreme Court on Wednesday directed the Centre and the Reserve Bank of India (RBI) to place before it in a sealed cover the relevant records pertaining to the government’s…
- Business
RBI hikes repo rate by 35bps, to continue battle against inflation
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
- Technology
RBI’s action and experts’ reactions
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee’s (MPC) action to hike the repo rate by 35 basis points (bps) to 6.25 per cent has got the following reactions from…
- Business
Continuing battle against inflation, RBI hikes repo rate by 35 bps
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
- Business
Demand for moderate rate hike by RBI voiced
Chennai: With the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) expected to revise upwards the interest rate on Wednesday, industry players are voicing out for a moderation. The MPC has…
- India
RBI, Centre inform SC that procedure was followed in 2016’s demonetisation policy
New Delhi: The Reserve Bank of India and the Centre on Monday defended the Centre’s decision to demonetise the old currency notes of Rs 500 and Rs 1,000 before the Supreme Court…
