Thursday, Dec 01, 2022
×
Outlook.com
×

Rbi Policy

RBI Governor Shaktikanta Das

Loans To Get Costlier As RBI Hikes Repo Rate: Things Borrowers Should Know 

As the Reserve Bank of India (RBI) hikes the repo rate by 50 basis points on Friday, home, personal, and car loans are set to get costlier. Here're a few things a borrower should know. 

30 September 2022

RBI Hikes Repo Rate By 50 Basis Points To 5.4%

With the latest hike, the repo rate or the short term lending rate at which banks borrow has crossed the pre-pandemic level of 5.15 per cent


RBI Announces Measures For International Trade Settlement In Rupees

Before putting in place this mechanism, banks will require prior approval from the Foreign Exchange Department of the Reserve Bank of India (RBI), the central bank said in a circular


RBI Notifies Category-I Banks To Work On Cross Border Payment System Through Bharat Bill

The RBI has notified all category-I authorised dealer banks to implement the process for enabling Bharat Bill Payment System to process cross-border transactions

16 September 2022

Here’s How You Can Reclaim Funds From Your Deceased Grandfather’s Dormant Bank Account

Here’s How You Can Reclaim Funds From Your Deceased Grandfather’s Dormant Bank Account

A user was facing difficulty in tracking and claiming back funds from his deceased grandfather’s banking and investment accounts. Some of these accounts were dormant, too. Here are the steps you should undertake to prevent...


RBI Unveils Measures To Check Rupee Fall; Raises Overseas Borrowing Limits For Companies

Unveiling measures soon after the close of financial markets on Wednesday, the central bank said that all capital flows barring portfolio investments remain stable and an adequate level of reserves provides a buffer against...

06 July 2022

fintech

Fintech Startup Uni Stops Card Services Over RBI’s Digital Lending Norms

Indian fintech startup suspends card services after RBI guidelines on digital lending

19 August 2022

Advertisement

RBI Ask Banks To Test Note Sorting Machines On Quarterly Basis

Following demonetisation in November 2016, the Reserve Bank issued new notes of Rs 200, Rs 500, and Rs 2000, besides releasing new series for other denominations

01 July 2022

Advertisement
29 June 2022
Proper Interpretation Of Data Necessary For More Informed Decision Making: RBI Governor

Proper Interpretation Of Data Necessary For More Informed Decision Making: RBI Governor

Das mentioned that lockdowns in various countries, including India, posed severe challenges to the compilation and availability of data relating to the spread...


24 June 2022
Fintech Players Seek At Least 1 Year Sunset Clause On RBI Directive On Credit Lines By PPI Issuers

Fintech Players Seek At Least 1 Year Sunset Clause On RBI Directive On Credit Lines By PPI Issuers

Earlier this week, the RBI directed the non-bank prepaid payment instrument (PPI) issuers to stop providing credit lines on such PPI cards and asked them to...


16 June 2022
India Better Placed Than Many Other Economies To Avoid Stagflation, Says RBI Article

India Better Placed Than Many Other Economies To Avoid Stagflation, Says RBI Article

The article, published in the RBI's June bulletin, noted that global economic conditions continue to deteriorate as ratcheting up of commodity prices and...


16 June 2022
Banks, Financial Institutions Should Proactively Undertake Stress Testing Of Loan Books: RBI DG Rao

Banks, Financial Institutions Should Proactively Undertake Stress Testing Of Loan Books: RBI DG Rao

The gross non-performing assets and net NPAs of banks improved to 5.97 per cent and 1.7 per cent as of March 31, 2022, from 9.23 per cent and 3.66 per cent as...


14 June 2022
Follow Instructions In Letter And Spirit While Funding Infra Projects Of Govt Entities: RBI To Banks

Follow Instructions In Letter And Spirit While Funding Infra Projects Of Govt Entities: RBI To Banks

Banks/ financial institutions have also been found to have violated RBI's instructions which require that in case of projects undertaken by government-owned...


Advertisement

13 June 2022
RBI's Regulations Need Periodic Review To Align Them With Evolving Industry Practices: RRA

RBI's Regulations Need Periodic Review To Align Them With Evolving Industry Practices: RRA

Regulations Review Authority was set-up by RBI with the objective of reducing the compliance burden on Regulated Entities by streamlining the regulatory...


10 June 2022
RBI Prioritising Inflation Over Growth: Official

RBI Prioritising Inflation Over Growth: Official

The official also said financial markets across asset classes and geographies witnessed unprecedented volatility during the past two years due to the COVID-19...


09 June 2022
Businesses Should Avoid Aggressive Short-Term Reward-Seeking Culture: RBI Governor Das

Businesses Should Avoid Aggressive Short-Term Reward-Seeking Culture: RBI Governor Das

Risk-taking is the essence of doing business, Das said, emphasising that companies need to carefully weigh the upsides and downsides of every risk before...


09 June 2022
Over 1.18 Crore Payment Devices Deployed Across Country Till April : RBI Data

Over 1.18 Crore Payment Devices Deployed Across Country Till April : RBI Data

The PIDF scheme subsidises deployment of Points of Sale infrastructure in tier-3 to tier-6 centres and northeastern states of the country


09 June 2022
RBI's Decision On Cooperative Banks To Provide Momentum To Affordable Housing: Amit Shah

RBI's Decision On Cooperative Banks To Provide Momentum To Affordable Housing: Amit Shah

The Reserve Bank of India on Wednesday announced a host of measures for the cooperative banking sector and allowed rural cooperative banks to lend to...


08 June 2022
Expect Current Account Deficit To Remain At Sustainable Level: Shaktikanta Das

Expect Current Account Deficit To Remain At Sustainable Level: Shaktikanta Das

He also said the Indian economy is well placed to deal with geopolitical challenges


Advertisement

08 June 2022
Evolving Conditions Will Guide Future Policy Actions: RBI Governor Shaktikanta Das

Evolving Conditions Will Guide Future Policy Actions: RBI Governor Shaktikanta Das

The governor said the RBI has changed the policy stance to drop the phrase "remains accommodative", and instead opted for "withdrawal of accommodation" for...


08 June 2022
Rupee Gains 9 Paise to 77.69 Against US Dollar In Early Trade Ahead Of RBI Policy Outcome

Rupee Gains 9 Paise to 77.69 Against US Dollar In Early Trade Ahead Of RBI Policy Outcome

A weak trend in domestic equities, surging crude oil prices and unabated foreign fund outflows capped the appreciation bias of the rupee.


26 May 2022
RBI To Hike Repo Rate By 50 Basis Points, Lower FY23 Growth To 7% In June Review: Barclays

RBI To Hike Repo Rate By 50 Basis Points, Lower FY23 Growth To 7% In June Review: Barclays

The central bank will likely revise its inflation estimate to 6.2-6.5 per cent, which is way above the upper end of its tolerance band of 2-6 per cent


12 May 2022
RBI May Up Inflation Forecast In Next MPC Meeting; Rate Hike On Cards: Sources

RBI May Up Inflation Forecast In Next MPC Meeting; Rate Hike On Cards: Sources

The MPC, headed by the RBI Governor, is scheduled to meet between June 6 and June 8. It has been mandated to keep retail inflation in the range of 2-6 per cent


06 May 2022
RBI To Fight Inflation With Greater Resolve Now: Report

RBI To Fight Inflation With Greater Resolve Now: Report

The RBI, which is mandated to ensure inflation is under 6 per cent, acted with a 0.40 per cent increase in repo rate to check prices before they went...


08 April 2022
Sensex, Nifty Snap Three-Day Losing Streak Led By ITC, Reliance Industries

Sensex, Nifty Snap Three-Day Losing Streak Led By ITC, Reliance Industries

Reliance Industries, ITC, ICICI Bank, Kotak Mahindra Bank, Titan and Asian Paints were among the top movers in the Sensex


Advertisement
Advertisement
Advertisement
Advertisement
Advertisement