RBI’s higher payout to help govt tide over revenue losses from lockdowns: Analysts It will definitely increase the spending bandwidth of the fiscally stretched govt. So far, the govt has set aside only… 4 years ago
India’s Forex reserves near record high, jump $563 million to $590.028 billion, says RBI data During the reporting week ended May 14, 2021, the rise in the forex kitty was mainly on account of an… 4 years ago
RBI imposes penalty on City Union Bank, 3 other lenders In each case, the RBI said the penalties were imposed based on the deficiencies in regulatory compliance 4 years ago
RBI bulletin: ‘Demand shock biggest toll of second Covid wave’ Nevertheless, the loss of growth momentum is not as severe as at this time a year ago, when the country… 4 years agoMay 18, 2021
SBI, HDFC Bank, ICICI, PNB or other banks’ customer? No NEFT service for 14 hours on May 23, says RBI alert NEFT service will not be available for 14 hours on May 23, the Reserve Bank of India said in a… 4 years ago
Sovereign Gold Bond Scheme 2021-22: Gold bond issue price fixed at Rs 4,777/gm; subscription opens May 17 The government has decided to issue the bonds in six tranches from May 2021 to September 2021. The RBI will… 4 years ago
RBI cancels licence of West Bengal-based United Cooperative Bank The Reserve Bank of India said it has cancelled the licence of United Co-operative Bank Ltd, Bagnan, West Bengal, as… 4 years ago
G-SAP: Second tranche of bond buying worth Rs 35k cr on May 20, says RBI The first such auction of Rs 25,000 crore was held on April 15. 4 years ago
RBI’s Rs 50K cr liquidity facility can augment hospital bed capacity by 20%: Crisil At present, hospitals pay up to 11 per cent in interest on their borrowings, and the new loans under the… 4 years ago
Rupee may fall up to 75.20 against US dollar; FIIs sell-off, COVID, slow vaccination may impact INR Historically, we have seen that May remains a depreciating month for the rupee in over the last decade; where the… 4 years ago
RBI’s latest moves should help buffer small businesses against impact of second Covid wave, but much rests on banks Bankers must be relieved the Governor hasn’t asked them to offer borrowers a moratorium on the repayment of interest and… 4 years agoMay 6, 2021
RBI provides Rs 50,000-crore liquidity for extending Covid-19 loans to healthcare Khara further said two vaccine manufactures have reached out to SBI for loans, and they can be given loans under… 4 years agoMay 6, 2021
Small finance banks better placed to evaluate credit profiles of MFIs: CRAs Microlenders have said the RBI’s initiative should lead to tangible liquidity flow to the microfinance sector. 4 years agoMay 5, 2021
Pharma, bank stocks help D-Street rally today; watch out for these levels ahead of weekly expiry Index heavyweights such as ICICI Bank, HDFC Bank, and Kotak Mahindra Bank gained and pulled Dalal Street higher. 4 years ago
RBI Guv Highlights: Shaktikanta Das rolls out stimulus measures amid 2nd Covid wave; liquidity, credit, more RBI Governor Highlights: RBI Governor Shaktikanta Das on Wednesday unveiled liquidity support measures amid rising Covid-19 cases in India. 4 years agoMay 5, 2021
Sensex, Nifty set to open in red; RBI Guv Shaktikanta Das presser among key things to watch out today Nifty futures were trading over half a per cent lower at 14,450 on Singaporean Exchange, indicating a negative opening for… 4 years ago
RBI to conduct simultaneous sale, purchase of govt securities next week The decision was taken after a review of current liquidity and financial conditions, the RBI said in a statement. 4 years ago
RBI’s CEO tenure cap: Here’s how it will impact Uday Kotak; HDFC Bank, ICICI Bank, Axis Bank safe RBI circular stated that the upper age limit for MD and CEO and WTDs in the private sector banks would… 4 years ago
Q3 CAD at $10.5 bn: FY23-24 current account estimated at $35 billion or 1% of GDP on growing merchandise, service exports, says Barclays
