
Even though income fell 10.96%, expenditure decreased by a whopping 63.10% enabling RBI to provide this bonanza
Central bank expects fuel tax cut, accounting tweak inflates its forex gains and allows higher surplus transfer
While income for the year decreased by 10.96%, the expenditure decreased by 63.1%, as per the RBI’s Annual Report for…
RBI said the sharp rally in the domestic equity markets despite an estimated 8% contraction in GDP in 2020-21 poses…
The tenor of loans is three years for the banks, but there are no such restrictions for on-lending. This could…
It also said that a sudden change in major policies, without any reasonable transitional provisions, is bound to create several…
It will definitely increase the spending bandwidth of the fiscally stretched govt. So far, the govt has set aside only…
During the reporting week ended May 14, 2021, the rise in the forex kitty was mainly on account of an…
In each case, the RBI said the penalties were imposed based on the deficiencies in regulatory compliance
Nevertheless, the loss of growth momentum is not as severe as at this time a year ago, when the country…
NEFT service will not be available for 14 hours on May 23, the Reserve Bank of India said in a…
The government has decided to issue the bonds in six tranches from May 2021 to September 2021. The RBI will…
The Reserve Bank of India said it has cancelled the licence of United Co-operative Bank Ltd, Bagnan, West Bengal, as…
The first such auction of Rs 25,000 crore was held on April 15.
At present, hospitals pay up to 11 per cent in interest on their borrowings, and the new loans under the…
Historically, we have seen that May remains a depreciating month for the rupee in over the last decade; where the…
Bankers must be relieved the Governor hasn’t asked them to offer borrowers a moratorium on the repayment of interest and…
Khara further said two vaccine manufactures have reached out to SBI for loans, and they can be given loans under…