Reserve Bank of India
- India
India’s retail inflation above RBI’s target level for second month
New Delhi: Retail inflation in India remained above RBI’s 6 per cent upper tolerance band for the second straight month in February 2023, with the Consumer Price Index pegged at 6.44 per…
- Business
SBI raises Rs 3,717 crore via bond issuance
Delhi: The State Bank of India (SBI), the country’s largest lender, has raised Rs 3,717 crore through its third Basel III compliant Additional Tier 1 bond issuance in the current financial year…
- India
‘Hindu rate of growth’: ‘Ill-conceived, biased’, says SBI on Rajan’s remarks
New Delhi: An SBI research report on Tuesday dismissed arguments that India is dangerously close to Hindu rate of growth saying such statements are “ill-conceived, biased and premature” in the wake of…
- India
India is ‘dangerously close’ to Hindu rate of growth: Raghuram Rajan
New Delhi; Sounding a note of caution, former Reserve Bank Governor Raghuram Rajan has said that India is “dangerously close” to the Hindu rate of growth in view of subdued private sector…
- Hyderabad
Hyderabad: Commissioner C V Anand flags off Janbhagidari – 10K run by RBI
Hyderabad: City police commissioner C V Anand flagged off Janbhagidari, a 10K run at People’s Plaza, Necklace road organized by the Reserve Bank of India (RBI) on Saturday. The run was organized…
- Business
RBI imposes Rs 3.06 cr penalty on Amazon Pay (India) for violation of norms
Mumbai: The Reserve Bank of India on Friday said it has imposed a penalty of over Rs 3.06 crore on Amazon Pay (India) Private Limited for non-compliance with certain provisions related to…
- Business
RBI cancels registration of Rhino Finance due to irregular lending practices
Mumbai: The Reserve Bank of India on Thursday said it has cancelled the registration of Guwahati-based Rhino Finance Private Ltd for irregular lending practices. In a release, it said the Certificate of…
- India
Record high temperatures in Feb may lead to more rate hikes from RBI, says India Ratings
Mumbai: The record heat in February can lead to more rate hikes from RBI, a domestic rating agency said on Tuesday. The high temperatures will impact wheat production, the rating agency said,…
- India
Bill Gates visits RBI office in Mumbai, holds discussions with Shaktikanta Das
New Delhi: Microsoft co-founder Bill Gates on Tuesday visited the Reserve Bank of India (RBI) office in Mumbai, where he held wide-ranging discussions with Governor Shaktikanta Das. In a tweet, RBI said…
- India
Banks to remain shut for 12 days in March; Know list of holidays
New Delhi: The Reserve Bank of India (RBI) has announced the bank holidays for March 2023. There are 12 holidays listed by the central bank, including four weekly offs, the second and…
- India
Fixed deposit rates turn positive at 8%, first time in many years
Mumbai: As banks’ chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and state-run banks led by Punjab…
- India
India’s forex reserves decline for third week
Mumbai: India’s foreign exchange reserves declined by USD 5.681 billion to USD 561.267 billion in the week ending on February 17, according to the Reserve Bank of India’s latest data. This is…
- Andhra Pradesh
Rs 100 coin to depict NTR’s face, says Reserve Bank of India
Former chief minister of Andhra Pradesh and Telugu Desam Party (TDP) founder, Nandamuri Taraka Rama Rao (NTR) received a rare honour as the new Rs 100 coin will be designed after him,…
- Business
E-Rupee to be piloted by 5 more banks in 9 more cities soon
Mumbai: Five more banks will join the pilot on the central bank digital currency or e-rupee for retail customers and the project will be extended to nine additional cities, the Reserve Bank…
- India
ED seized Rs 859.15 cr under PMLA in illegal loan apps cases: MoS Finance
New Delhi: The Reserve Bank of India (RBI) has furnished a list of digital lending apps (DLAs) being used by the regulated entities (REs) of RBI to the Ministry of Electronics &…
