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PSBs seek relief on provisioning for treasury losses in Q1FY23

Lenders have approached RBI officials on a one-on-one basis over the last few days.

Updated: June 29, 2022 12:58 am

Bank deposit growth moderated to 10 pc in March 2022: RBI data

The data showed that consistent with the monetary and liquidity conditions, interest rates on term deposits moderated further during fiscal…

Updated: June 28, 2022 7:27 pm

Post prepaid ban, NBFCs, fintech may bank on credit cards

New-age players have their doubts about how comfortable the regulator will be in letting them enter the credit card market.

Updated: June 27, 2022 11:16 pm

Realty PE funds, lenders don’t see much impact of rate hikes on home sales

The Reserve Bank of India (RBI) has raised interest rates cumulatively by 90 bps in the last two MPC meetings…

Updated: June 27, 2022 10:59 pm

RBI’s RRA merits replication for other sectors as well

While we often talk about economic reform, there is limited attention given to reforming regulation. The Regulatory Review Authority approach…

Updated: June 26, 2022 9:37 pm

RBI draws the line: Fintechs must innovate without resorting to regulatory arbitrage

Experts have pointed out that there is a thin line between an underlying credit line available on a credit card…

Updated: June 26, 2022 9:20 pm

RBI extends card tokenisation deadline; merchants get 3 more months

The RBI first extended the deadline by six months from June 30, 2021, till December 30, 2021, and then by…

Updated: June 25, 2022 8:55 am

Buy now pay later loan, pre-paid payment instruments come under RBI scrutiny

The RBI, they stressed, encourages innovation but it shouldn’t be based on regulatory arbitrage.

Updated: June 25, 2022 12:08 am

Inflation fight won’t be painless: RBI deputy governor Michael Patra

Addressing a PHDCCI event here, Patra said, “If the monsoon brings with it a more benign outlook on food prices,…

Updated: June 24, 2022 11:56 pm

RBI extends card tokenisation deadline by 3 months till September

In a circular, the RBI said the industry stakeholders have highlighted some issues related to the implementation of the framework…

Updated: June 24, 2022 8:48 pm

RBI will not allow ‘jerky movements’ of Rupee: Deputy Governor Michael Patra

Patra further said if one looks at the depreciation of Rupee, it is one of the least in the world…

Updated: June 24, 2022 5:34 pm

RBI mulling ways to improve credit access to MSME sector

The central bank is considering launching a portal, which will be monitored by the RBI, to ensure easy credit access…

Updated: June 24, 2022 5:28 pm

Inflation peaking; RBI dy gov Patra hopeful India will need moderate monetary policy action vs peers

The Reserve Bank has already raised the key policy rate by 90 basis points in May and June to 4.9…

Updated: June 24, 2022 3:51 pm

RBI doubles limit on home loans issued by urban cooperative banks

“Taking into account the increase in housing prices since the limits were last revised and considering the customer needs, it…

Updated: June 23, 2022 11:27 pm

Former SBI official on advisory panel for SREI firms

Chalasani, former deputy managing director, State Bank of India, has been appointed as a member of the committee after R…

Updated: June 23, 2022 11:35 pm

PPI Norms: Fintech lenders may seek staggered transition to new wallet loading norm

One of the banks which has been growing its customer base in India using prepaid card-linked credit lines is yet…

Updated: June 24, 2022 12:16 am

RBI norms for IT services outsourcing by banks and financial entities

“Outsourcing of any activity of the RE (regulated entity) shall not diminish its obligations as also of its board and…

Updated: June 23, 2022 11:04 pm

RBI proposes norms for outsourcing of IT services by banks, NBFCs

Regulated entities (REs) will not require prior approval from the central bank for the outsourcing of IT and IT-enabled services,…

Updated: June 23, 2022 9:45 pm

RBI Guv flags continued high inflation as ‘a major concern’: MPC minutes

The six-member Monetary Policy Committee (MPC), headed by Das, had announced its decision on June 8. It was the second…

Updated: June 22, 2022 5:48 pm

Card Tokenisation: डेबिट और क्रेडिट कार्ड से जुड़े नए नियम 1 जुलाई से होंगे लागू, क्या है कार्ड टोकनाइजेशन? जानिए इसका प्रोसेस

RBI के नए नियम के तहत, अगले महीने से मर्चेंट, पेमेंट एग्रीगेटर, पेमेंट गेटवे और अधिग्रहण करने वाले बैंक ग्राहकों…

Updated: June 22, 2022 3:29 pm

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Top 10 business news today: Rs 251 Freedom 251 smartphone to start deliveries, Satya Nadella e-mail, Intex launches VR headset ‘Eyelet’, more

Ringing Bells claims to deliver Freedom 251, the Rs 251 smartphone, touted to be the world's cheapest, from June 28:…

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Sack Raghuram Rajan immediately: Subramanian Swamy writes to PM Modi – 5 reasons

From calling Rajan a "disruptor" of the India economy to not being "mentally fully Indian", we take a look at…

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5 recent things RBI Guv Raghuram Rajan said that will make you happy

RBI Governor Raghuram Rajan is a man of few words and when he is optimistic about Indian economy and its…

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RBI review meet: Guv Raghuram Rajan may opt for 25 bps interest rate cut, says HSBC

Budget 2016: Raghuram Rajan's RBI may go for 25 bps rate cut, says HSBC: With Arun Jaitley's Budget 2016 indicating…

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Zika virus, RBI monetary policy, GDP, BSE Sensex, MGNREGA, Indian rupee rate, more

RBI Governor Raghuram Rajan on Tuesday left the key policy rate unchanged but indicated at accommodative stance saying with "inflation…

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No RBI repo rate cut, status quo at 6.75%: Read top 10 Governor Raghuram Rajan quotes

No RBI repo rate cut, status quo at 6.75%: Read top 10 Governor Raghuram Rajan quotes: No RBI repo rate…

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RBI Governor Raghuram Rajan quotes: Top 10 points on economic reforms in India

At Davos, RBI Governor Raghuram Rajan has elaborated on his views about economic reforms in India and said the level…

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RBI chief Raghuram Rajan at WEF: From market problem to a ‘world of make believe’, top 10 points to note

RBI chief Raghuram Rajan at WEF: From market problem to a 'world of make believe', top 10 points to note:…

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RBI Governor Raghuram Rajan makes clarion call for tolerance: All you wanted to know in 5 points

Reserve Bank of India (RBI) Governor Raghuram Rajan has boldly stepped into the raging debate over intolerance in Indian society…

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RBI survey on Indian economy: All you need to know in 10 points

The economy is expected to grow at a rate of 7.8 per cent in the current fiscal, a shade lower…

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In RBI Monetary Policy Review meet, Raghuram Rajan cuts repo rate 25 bps: Top 10 highlights

In the RBI Monetary Policy Review meet Governor Raghuram Rajan cut the repo rate by 25 bps and thereby set…

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RBI’s bi-monthly policy review, Jharkhand and Kashmir elections and more

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