Tag: Rbi

After a marginal pick up last week, India's foreign exchange reserves fell sharply by USD 1.208 billion to USD 292.08 billion for the week to Janaury 17 on the back of drop in core currency assets, RBI said on Friday

People seeking loan against gold jewellery can now borrow more, as the Reserve Bank on Wednesday allowed NBFCs to lend up to 75 per cent of the value of metal from 60 per cent at present

India's foreign exchange reserves increased by $5.84 billion to $327.88 billion for the week ended Jan 30, Reserve Bank of India (RBI) data showed

New Delhi: The Reserve Bank of India (RBI) Tuesday decided to keep key interest rates unchanged in its sixth bi-monthly policy review. The apex bank kept the repo rate, or the interest that banks pay when they borrow money from the RBI to meet their short-term fund requirements, unchanged at 7.75 percent. The reverse repo […]

Chennai: Automobile group Mahindra & Mahindra (M&M) chairman Anand Mahindra Thursday termed RBI governor Raghuram Rajan as ‘Rate-cut-Raghu’, following the central bank’s decision to cut the repo rate by 25 basis points. Reacting to the rate cut Anand Mahindra tweeted: “Three cheers! The RBI governor has moved from being ‘Reluctant Raghu’ to ‘Rate-cut-Raghu’!” However, he […]

Indian market regulator SEBI today proposed to ban wilful defaulters as defined by Reserve Bank of India (RBI) from accessing the public for funds and from taking over other listed companies

Cautioning the public against multi-level marketing (MLM) activities, the Reserve Bank of India (RBI) on Thursday said income under such schemes mainly comes from enrolling new members at high subscription

Paving the way for takeover of crisis-ridden Punjab and Maharashtra Cooperative Bank (PMC), the Reserve Bank of India on Friday granted in-principle approval to the Centrum Financial Services to set up a small finance bank.

A committee constituted by the Reserve Bank of India (RBI) for reviewing ATM fees gamut, has recommended increasing certain charges related to cash withdrawal from ATM machines.

The RBI said the charges have been allowed to be increased given the increasing cost of ATM deployment and expenses towards ATM maintenance incurred by banks/white label ATM operators

By Sandeep  Sahu Marriages, they say, are made in heaven. But if you are unfortunate enough to be getting married between now and December 30, 2016, your marriage will be made in the Reserve Bank of India (RBI) boardroom! That, in short, is the key takeaway from the elaborate set of guidelines issued by the […]

As India's forex reserves cross the $600 billion-mark, there are indications that the ample liquidity, both globally and in the domestic space will continue to drive the Indian stock markets.

In a bid to support the revival of sectors hit most by the COVID-19 pandemic, the Reserve Bank of India (RBI) on Friday decided to open a separate liquidity window of Rs 15,000 crore for certain contact-intensive sectors like hotels and restaurants, tourism and aviation ancillary services.

The Reserve Bank of India (RBI) has lowered its growth projection for the current financial year to 9.5 per cent from the previous estimate of 10.5 per cent.

The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the Centre for nine months ended March 31, 2021.