RBI extends risk-based internal audit system to housing finance firms In February this year, RBI had issued a circular mandating the RBIA framework for select non-banking financial companies (NBFCs) and… 4 years ago
RBI asks banks not to delete CCTV footage from 2016 demonetisation period The move is aimed at helping enforcement agencies in their probe against illegal accumulation of new currency notes during the… 4 years ago
UCO Bank again urges Reserve Bank of India to consider taking it out of PCA The RBI had initiated PCA for the Kolkata-based lender in May 2017 in view of high non-performing assets and negative… 4 years agoJune 7, 2021
Hopeful to come out of PCA framework very soon: UCO Bank MD “I don’t foresee any hurdle and remain hopeful that we will get the regulators’ approval to come out of PCA,”… 4 years ago
RBI incentivises lenders to create Covid loan book for contact-intensive sectors “In order to mitigate the adverse impact of the second wave of the pandemic on certain contact-intensive sectors, a separate… 4 years agoJune 5, 2021
RBI keeps interest rates unchanged, announces measures to support economy Pranjul Bhandari, India chief economist, HSBC, observed that while India’s CPI inflation is under the 6% upper limit of RBI’s… 4 years agoJune 5, 2021
‘RBI’s Rs 16,000 crore special liquidity facility to Sidbi to help MFIs mitigate Covid-related challenges’ “Further, it will help the MFIs provide financing support to their customers and resume normalised disbursements once the lockdowns are… 4 years agoJune 4, 2021
Reserve Bank expands resolution framework 2.0 coverage to Rs 50 crore With the ceiling now doubled, MSMEs with a ‘standard’ classification as of March 31, 2021, can approach the lenders to… 4 years agoJune 4, 2021
RBI announces second round of G-SAP to keep yields in check The first two auctions conducted by the RBI under the first G-SAP programme helped keep interest rates benign for 91-day… 4 years agoJune 4, 2021
NPAs may remain within projections: RBI Governor Shaktikanta Das “I think the figures (NPAs) are quite manageable, but I would not say anything beyond that because our teams are… 4 years agoJune 4, 2021
Crisil fears large companies to benefit from RBI sops for contact-intensive sectors Earlier in the day, the RBI relaxed the eligibility criteria for the restructuring window offered under the Resolution Framework 2.0… 4 years ago
RBI announces liquidity measures for sectors hit hard by COVID-19 To provide greater flexibility in raising short-term funds by Regional Rural Banks (RRBs), Das said, it has now been decided… 4 years ago
RBI Governor says global trade rebounding; pitches for policy support for exports sector Further, the governor said that India’s exports in March, April and May this year have seen an upswing, which is… 4 years ago
RBI projects retail inflation at 5.1 pc in FY22 on supply-side measures, monsoon While on the other hand, the rising trajectory of the international crude oil prices within a broad-based surge in international… 4 years ago
Sensex, Nifty end in red on GDP growth forecast cut by RBI; check how to trade next week Nifty 50 has closed a few points below 15700 but the trend still remains positive and it should head to… 4 years ago
Look forward to repo rate cut by RBI in future: India Inc CII said that while keeping the policy rates unchanged, RBI’s move to continue to use its unconventional tools to keep… 4 years ago
Higher surplus transfer to govt an accounting issue, driven by lower provisioning: RBI Fiscal year 2020-21 witnessed a 10.96 per cent decline in RBI’s income at Rs 1.33 lakh crore while the expenditure… 4 years ago
RBI MPC decision on repo rate, GDP growth, GSAP 2.0 meets expectations; assures to mitigate COVID risks The Reserve Bank of India’s MPC has continued to reiterate its decision to prioritise growth as long as necessary as… 4 years ago
RBI MPC Meeting begins today: High-level deliberations on interest rate, economy begins; Here is all you need to know
