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Friday, Oct 22, 2021
Outlook.com
Outlook.com

Reserve Bank Of India (RBI)

India's Foreign Exchange Reserves Rise By $1.49 Billion To Touch $641 Billion

Oct 22, 2021 Outlook Business Team

Special drawing rights with International Monetary Fund (IMF) fell by $21 million to reach $19.25 billion in the reporting week. India's reserve position with the IMF rose $6 million to reach $5.23 billion.

RBI Imposes Rs 1 Crore Fine On Paytm Payments Bank

Oct 20, 2021 Outlook Business Team

Additionally, the RBI imposed a penalty of approx Rs 27.8 lakhs on Western Union Financial Services (WUFSI) for non-compliance with provision laid out in the Master Direction on Money Transfer Service Scheme (MTSS Directions) dated February 22, 2017.


Your FD Real Returns May Have Turned Negative After RBI Slashes Inflation Projection By 40 Percentage Points

With FD rates at an all-time low, inflation and tax outgo will erode your investment. This may hit senior citizens the most.

Time Is Right For India To Embark On New Trajectory Of Sustainable Growth: RBI Article

Oct 19, 2021 Outlook Business Team

Domestic demand is gaining strength while aggregate supply conditions are recouping, powered by the robust performance of kharif agricultural production.


RBI Fines Standard Chartered Rs 1.95 Crore, SBI Rs 1 Crore For Not Complying With Cyber Security Regulations

"This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the apex banker stated.

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15 October, 2021

India's Forex Reserve Increase By $2.04 Billon To Reach $639.52 Billion: RBI

Outlook Business Team

India's reserve position with the International Monetary Fund fell by $3 million to about $5.23 billion in the reporting week, the data stated.


08 October, 2021

RBI Rates Unchanged: Should You Take That Home Loan Now?

Meghna Maiti

Experts say interest rates seem to have bottomed out so if buying assets such as a home or car is on your cards, borrowers should go ahead.


07 October, 2021

Bombay HC Dismiss SREI Promoters' Plea Against RBI Insolvency

Outlook Business Team

The High Court said it was not inclined to entertain the matter.


04 October, 2021

RBI Supersedes SREI's Board Due To Governance Issues

Outlook Business Team

The circular further stated that former chief general manager of the Bank of Baroda, Rajneesh Sharma has been appointed administrator of the two entities.


01 October, 2021

Forex Reserves Descend To $638.65 Billion

Outlook Business Team

The apex bank stated that the fall in reserves was on account of a fall in the foreign currency assets (FCAs) which is a major component of the overall reserves.


27 September, 2021

Government Will Borrow Rs 5.03 Lakh Crore in H2

Outlook Business Team

A total market borrowing of Rs 12.05 lakh crore was projected for the fiscal year 2021-22 in the Union Budget. The effective borrowing in H1 was Rs 7.02 lakh crore


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23 September, 2021

Business News Roundup: September 23, 2021

Outlook Business Team

In this section, we recapitulate all the action from the world of business, finance and economic policymaking


23 September, 2021

Bank Deposits Grew By 11.9% In 2020-21 Due To Spike In CASA: RBI Report

Outlook Business Team

The central banker stated that CASA deposits rose 43.7 per-cent in March 2021 compared to a 41.7 per-cent growth in the previous year


22 September, 2021

Business News Roundup: September 22, 2021

Outlook Business Team

In this section, we recapitulate all the action from the world of business, finance and economic policymaking


20 September, 2021

Business News Roundup: September 20, 2021

Outlook Business Team

In this section, we recapitulate all the action from the world of business, finance and national economics from today


17 September, 2021

Inflation On Cooling Trajectory: RBI Bulletin

Outlook Business Team

RBI's September 2021 bulletin said inflation outcome for August 2021 "vindicated" the Monetary Policy Committee's suggestion for treating the May price shock as transitory


16 September, 2021

FM Nirmala Sitharaman To Head GST Meet Today

Kamalika Ghosh

Finance Minister Nirmala Sitharaman will preside over the 45th meeting of the Goods and Services Tax (GST) Council in Lucknow today.


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16 September, 2021

Highlights: Govt Announces Setting Up Of National Asset Reconstruction Company

Outlook Business Team

Finance Minister Nirmala Sitharaman cleared a proposal providing Rs 30,600cr government guarantee for security receipts to be issued by the National Asset Reconstruction Company to tackle bad loans


Photo Gallery

Members of the Muslim community conduct Friday prayers in an open site amid heavy police presence, during protests by residents and members of various pro-Hindu organisations, at Sector 12 area, in Gurugram.

PTI Photo

Bihar Governor Fagu Chauhan presents a memonto to President Ram Nath Kovind at Raj Bhawan, in Patna.

PTI Photo

A worker arranges lanterns at a shop ahead of the Diwali festival, in Thane.

PTI Photo

A security person stands guard near the venue of Union Home Minister Amit Shah's scheduled public meeting, in Jammu.

PTI Photo

Workers weigh groundnut at Khetiwadi Utpann Bazar Samiti yard at Bedi in Rajkot.

PTI Photo
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