RBI said a review of the guidelines applicable to IDF-NBFCs has been undertaken in order to enable them play a greater role in financing of the infrastructure sector and to harmonise the regulations governing financing of...
"We would like the banks to redouble their efforts because these are accounts that are parked in a special account and we would like to see more and more recoveries," Swaminathan told reporters at the central bank...
The RBI Governor-headed six-member Monetary Policy Committee's (MPC) meeting is scheduled on August 8-10. The policy decision will be announced on August 10 by Governor Shaktikanta Das
The policy, RBI added should specify the number of times a borrower will be allowed to switch during the tenor of the loan
Experts are of the view that the central bank may continue with the pause on the repo rate as concerns on the inflation front and keeping the borrowing cost stable to maintain the economic growth momentum persist
"Consequently, Rs 2,000 banknotes in circulation as at the close of business on July 31 stood at Rs 0.42 lakh crore," the central bank said in a statement
The article by Shreya Bhan, Rajendra N Chavhan and Rajesh B Kavediya, which was published on Thursday, said improvement in capacity utilisation of the manufacturing sector, pick-up in credit demand and improving consumer...
DLG is a contractual arrangement between a regulated entity (RE) and an entity meeting prescribed norms, under which the latter guarantees to compensate the RE, loss due to default up to a certain percentage of the loan...
The Reserve Bank of India (RBI) has announced two consumer-centric development updates related to Unified Payment Interface (UPI) and Bharat Bill Payment...
Tobias Adrian, Financial Counsellor and Director of the Monetary and Capital Markets Department of the IMF, said that monetary policy has tightened in India,...
The nominations have been made for four years by the Appointments Committee of the Cabinet (ACC), the RBI said in a notification
The six-member Monetary Policy Committee (MPC), which met from May 6-to 8, unanimously voted to increase the policy repo rate to 4.90 per cent
Last month, RBI raised the repo rate or short term lending rate by 40 basis points in an off-cycle monetary policy review to check spiralling inflation
In its annual report, RBI also said the number of Rs 2,000 denomination notes fell to 1.6 per cent of the total currencies in circulation as on March 2022 from...
'Expectation of rate hike, it's a no-brainer. There will be some hike but how much I will not be able to tell now... to say that 5.15 (per cent) may not be...
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
For the first time since August 2018, RBI had on May 4 delivered a blunt 40 basis points increase in key repo rate to 4.40 per cent, and also hiked the cash...
In the reporting month, the central bank bought $5.946 billion and sold $5.175 billion in the spot market, RBI said in its monthly bulletin for April 2022.
The article on 'State of the Economy', published in the April 2022 RBI Bulletin, said India enters Samvat 2079 having crested the third wave of the pandemic...
Traditionally, GDP growth has been the domain of the finance ministry in New Delhi, while the RBI has focussed on controlling inflation and money supply in the...
Earlier this week, HDFC chairman Deepak Parekh blamed the harmonisation for the narrowing regulatory arbitrage to operate a separate entity like his and cited...
The six-member Monetary Policy Committee (MPC) voted to hold the benchmark repurchase or the repo rate at 4 per cent and decided to stick to an accommodative...
Das said the time is appropriate to put inflation ahead of growth in monetary policy priorities
In October 2020, the Reserve Bank as a countercyclical measure to deal with the Covid situation had rationalised the risk weights by linking them only with...
Governor Shaktikanta Das said the SDF will be at 3.75 per cent, 0.25 per cent below the repo rate and 0.50 per cent lower than the marginal standing facility...
